is it good idea to invest in an apartment

[viveka]

Hi I am an NRI in US for last 11 years. Recently my parents decided to sell there old apartment in Mehdipatnam and buy a new one at Saroornagar(first time I heard of this place is dec\'2001) since my dad is retired and the mom felt the flat is too old. After starting the construction my mom fell sick and now they cannot keep up with the new construction and Dad is getting attached to the old one. They want me to buy the new one since thay already invested some of my money in it. I am not sure how this is going to turn out.. the whole situation with me investing in an apartment..or whether it would give me back my investment in future if I want to sell it. The only reason I am trying to proceed with it is because my Mom wants this..Any suggestions or remarks?

[tarun]

hi vivek,
you can surely buy a flat in saroor nagar , dnt even hesitate for investing in real estate in hyd , it wud be the best investment for you.saroor nagar is a very good place , highly populated and is in demand.You can go to some property related sites and look for its land rates for further info on that are.
bye