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deepakhon · 10th March 2006, 15:46

I think he is probably speaking about the company car lease plan.

I was in the same predicament three years back and did exactly the opposite to whatever you have done. I bought a house in B'lore for around 20l and a year and a half later, bought a Palio 1.2. Because of the housing loan committment, I could not afford anything more than this car. Now, if I sell the same house, I can get around 40-45l easily. When I bought it, I paid around 1200 per sqft, but now the value has now trippled.

But it was a family decision. I know I have benifitted from it, but if I were to take the decision, I would have done exactly the way you did. "D**n the house, go for the car", would have been my Mantra.

10th March 2006, 15:46	#8 (permalink)
deepakhon BHPian Join Date: Oct 2004 Location: Bangalore Posts: 966	I think he is probably speaking about the company car lease plan. I was in the same predicament three years back and did exactly the opposite to whatever you have done. I bought a house in B'lore for around 20l and a year and a half later, bought a Palio 1.2. Because of the housing loan committment, I could not afford anything more than this car. Now, if I sell the same house, I can get around 40-45l easily. When I bought it, I paid around 1200 per sqft, but now the value has now trippled. But it was a family decision. I know I have benifitted from it, but if I were to take the decision, I would have done exactly the way you did. "D**n the house, go for the car", would have been my Mantra. __________________ Deepak Honnalli.