We purchased land in 2016, now the same land area price reached more than 5 times in village itself. I will continue to do it as no one can predict the land price growth correctly. Stagnation will happen for short time. If you don't own a house, house owners nearby irundha romba kashtam. We will feel very bad in certain circumstances. In parallel, we can invest in stocks also as much as possible.
My relative bought 2 apartments over 7 years gap. It is about 15 years for one and 8 for another. He works outside TN. He has not lived in any of these two apartments. Sale value has not appreciated much. He is forced to wait for price appreciation to sell which may take another 5 years minimum
