if we need money means, shall we take it after 3 years?and how much we will get? after three how much interest you will give? when is the last date to invest money ? is there any loan facility in between 20 years? in between 20 years any accident and death case how much you will giving?
2007-03-26 18:09:03 · 4 answers · asked by geethanjali r 1 in Business & Finance ➔ Renting & Real Estate
it depends on the scheme you opted. There are many schemes by different organisations/banks. Contact them and do the needful as you desire.
2007-03-26 19:16:07 · answer #1 · answered by khuranapvp 3 · 0⤊ 0⤋
It is best to invest the amount in real estate and after twenty years your money becomes 2,00,000 rs. It has happened to people who have invested in real estate 20 years back, they are getting such and even higher returns, I have calculated in a conservative way. U can always take a loan on the house and in the case of death the property goes to the next of kin or your nominee.
2007-03-29 05:52:35 · answer #2 · answered by wizard of the East 7 · 0⤊ 0⤋
20000 @ 10% after 1 year = 22000/-
22000 @ 10@ after 1 year = 24200/- and so on
You may earn more or less in difft. schemes.
I invested apporox. 5500/- in 110 shares of Unitech about 10 yrs. ago. Now I have 7150 shares. Rate is approx. 450/-.
2007-03-28 06:22:48 · answer #3 · answered by Anonymous · 0⤊ 1⤋
24200/- after 20 years @ 10% per annum
2007-03-28 12:50:25 · answer #4 · answered by Anonymous · 0⤊ 0⤋