Rajasthan Housing Board - Bhiwadi

Be it RHB or UIT, Infrastructure Work is really pathetic. Govt build roads then soon after they start digging it as something has left undone. So most of the time, roads are in really bad condition. Apart from that, Locals of BHIWADI roam their vehicles in the streets at a very high speed which can sometimes be fatal for someone. Condition of the community parks was better 10 years back than what it is now. Even Locals have their houses in the RHB and UIT where they have their cattles with them. These locals make the surroundings like of a village (Not like an ideal Village). You can't argue with them as they are locals. Rent in the Flats, and in UIT or RHB are almost same. But you get better infrastructure than what you get in RHB or UIT. Most of the people bought their homes or invested in the properties for rental income in last decade but now most of the flats are empty as there are no tenants left. Thus rent is also less. Capital Appreciation in property rates in BHIWADI are almost negligible. A flat or property bought around 35 lac five years back has 28 lac as its current price. If you are living in a 3 BHK flat which has a cost of 35 lac and same flat can be rented at around 7000 Per Month (84000 Per Year) then you should not invest in that property. Flats at this much of rent are available in various localities in Bhiwadi. If you put that 35 Lac in Fixed Deposit in a Bank then you can easily get 6% return per annum on this and that will be around 210000. You may pay the rent of the flat and still will be left with almost 125000. Next year your 35 lac will become 3625000 after paying your yearly rent. (If you are Brave enough then you can invest half of the amount of 35 lac in Fixed deposit and half of that in Nifty for long term, Because in long team, the return on Nifty is around 16.5% per annum. It will help your half of money to grow at higher rate. If you invest half of 35 lac which is 17.5 lac for 20 years in Nifty with an annual return of 16% then it will become 3.4 Crore.) Keep one thing in mind that if you want to invest in Nifty and want to get the advantage of Compounding then you should invest money of long term. If you wish to invest for less than 10 years then stay with Fixed Deposit. Never invest Big amount in Nifty in a single go if the P/E ratio of Nifty is higher than 18, Instead invest in Nifty through SIP and when P/E comes around 18, You can invest a big amount in a single go. You should keep one thing in mind that in Delhi NCR area property rates were really hight in last decade because demand was high but now Builders have built more houses than the demand for the same. This is the reason Price of Flats and Land has decreased in last 5 years. Even rent is almost constant for last 2-3 years. In some regions, it may have increased a little bit but not too much. Now You can decide whether you have to buy house in RHB, UIT or have to rent a Flat in a Good Society.