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Older house can offer price and location advantage, say experts

But ensure repair expenses don't erode initial gain; also carry out title check

Topics
Housing prices | Anarock Property | Anarock

Bindisha Sarang 



housing, real estate, luxury
An older property is usually available at a lower price than a new construction as property value depreciates with age.

have risen nearly 5 per cent across the country’s top- eight cities between January and September, according to a report by PropTiger, owing to an increase in the cost of raw materials like cement and steel, and growing demand for housing. If you wish to save money on purchase, consider buying an older .

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First Published: Thu, November 24 2022. 20:26 IST

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