Constructing Home In India Only To Use When We Visit..pros And Cons

Discussion in 'Money Matters' started by Mylifeatusa, Oct 10, 2018.

  1. Vedhavalli

    Vedhavalli Platinum IL'ite

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    Thousand likes for Hidden from relatives!!!
    How true and same time we have to act.
    Later same relatives post sentiment what's app and fb status of abroad relatives.
     
  2. centsibleindian

    centsibleindian Silver IL'ite

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    Hi OP,
    There are so many service apartments available in major cities. Even if not, you can stay in hotel rather than investing money purchase a flat just for few weeks stay when you visit.

    If you're still dealing with $100K debt based on your previous post, additional 30 lacs initial investment for a few weeks stay is a grave idea.
     
  3. Mylifeatusa

    Mylifeatusa Silver IL'ite

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    Hi Cenitsible,

    Thank you for the suggestion.

    we are going to rent a service apartment for our stay.

    FYI - We have some money close 25 Lakh in India in savings, we are planning to use this money for buying a home there.

    thanks.
     

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