India, April 29 -- A potential homebuyer in Bengaluru has sparked a discussion on the risks and rewards of investing in old properties. The buyer shared on Reddit that they are eyeing a 33-year-old apartment on Old Madras Road priced at Rs.1.4 crore, asking social media users if investing in the property is "worth it".

"Is buying a 33-year-old apartment in Bangalore a good investment?" the Reddit user wrote, adding, "I'm considering buying a 33-year-old apartment in Bangalore, located on Old Madras Road near Tin Factory (main road-facing, direct entry from OMR side)."

The individual explained that the 1,400 sq ft property is priced at Rs.1.4 crore, adding that they would need to invest another Rs.10 lakh to make the place "family-friend...