My view on Kundli: Poised to take off

Nitin, (planning to sell plot in Kundli and buy in Gurgaon) dont be crazy, hold on to your 240 sy plot in Kundli. It will be appreciating like crazy very soon - unless it is in a very interior place in Sonepat and is badly located. Even then Sonepat is worth holding Also, roads are now better and the area will take off in a year or two. Expect to sell for 35-40ooo psy in 3 years or so - maybe even more, going by the sudden pick up in interest in Kundli in the last month or so.

Kundli is poised to leap, just like Manesar did some 6 months ago.

For own use, live on rent - it is vey cheap. Get a Sohna Road plush 4BHK for 20,000 pm and live well.

And buy a second plot from your salary in Manesar. In Gurgaon the rates are already very high and will appreciate less as a percentage than in Kundli. Gurgaon will be a market performer, Kundli will be an outperformer, using stock market terminology

Hi Capsreal and AMit.

At the end of the day, Kundli will not be the next Gurgaon. Thats for sure.

Kundli and Gurgaon are in Haryana - so there is no way policy action will attract IT/manufacturing.

Only thing going for Kundli is abundant land all around it, still cheap compared to Rohtak, Gurgaon and Faridabad - and excellent connectivity better than Rohtak.

Because entry price is lower, Kundli is a good long term hold at 1/3 rd Gurgaon price - In 3 year time frame the return from Kundli may be higher in percentage terms because of catch up effect. In long term 10-15 years, returns may be similar in percentage terms.

I dont see Kundli being a laggard unlike Daruhera, Greater NOIDA etc. It has a position advantage in being the only such place in the north