Should I sell my ₹35 lakh Flat/house?

Have you taken any home loan on that house?

Mutual fund investments are subject to market risks, read all scheme related documents carefully.

Suggestion: let out property on rent.

If the property is at a location where prices haven't saturated and is going up steadily, you better hold on to your property/land. Defer your selling plan by 5 years for a better appreciation.

• Don't invest in MF in lumpsum, this is not a good idea.
• Prefer SIP. 
  
• Also, SWP is not good from the start, plan it after 2-3 years of investment.
  
• If you need the invested money within 2 years then don't invest in equity, this is not a good idea.
  • Keep the money required in the first 2years in debt instruments like bonds/FD
  • For the rest money, you can do a sip, 5% month. (you can also plan remaining 95% in debt to equity rotation)

With the property, there are many aspects attached.

1. Is that a Prime Location/how's the appreciation?

2. As it's a Flat, is building maintained properly? How's the society?

3. How old it is? It's very old, then what chance of its going for the redevelopment?

4. How much rent you can yield in case you put this on Rent?

and a lot...

So decide accordingly. Purchasing/Selling a property is always difficult.

Check if there are upcoming govt projects like metro near your flat if there is than better not sell

If you leave it vacant with out maintenance it will cost you more in future for repair. If the rent is low and the area is bad sell invest in MF in three years it can double. Now it the best time to invest in MF. Selling property is difficult than MF if you have plans to more abroad then better sell it.

you have mentioned it as vacant so no income from that property right? so is it only now that there is no income or been a while as just want to know what is the expected Rent if its rented

35L in Small Finance Banks (SFB) will fetch around 3L per year (assuming 8.5%) which would be around 25k per month so if the Rent is falling short of it by more than 4-5k after considering the repair work when a tenant leaves etc then better sell it which again depends on the year of purchase to see how much Capital gains you would end up in paying etc..

coming to SFB, only 5L per bank account is insured so it would be like 8 accounts like 4 in your name and 4 in your mom/son  where you can deposit around 4L and choose the tenure accordingly or they have NonCummlative - Monthly/Quarterly/Yearly as well and ensure Principal + Interest earned doesn't cross 5L and you have 11 SFBs currently with the below four giving their highest returns

1) Unity 9% 

2) Suryoday 8.65%

3) Shivalik 8.55%

4) Utkarsh 8.5% 

https://rbi.org.in/scripts/banklink...px

NEVER SELL EYES FOR EYE DROPS

simple answer: Bad decision

Intelligent people rent cars and flats/houses as I've read... dunno about personal choices though...