One of my clients who has an apartment in Peenya wanted to know whether it would appreciate better now, as the metro is functional.
Solution: it is important for us to understand here the significance of “Relative Appreciation”. The more apt question in the above case would be what should I do? Remain invested in the property or switch to some other property? Obviously if same amount is invested in Peenya or in Sarjapur or Whitefield, going by the past few years of experience, it is clear that investment made in either Sarjapur road or whitefield would appreciate more than in Peenya. Hence it would be prudent to exit the property in Peenya and switch to an alternate in South or East Bangalore.