It makes absolute sense to Sell Exquisite and Esquire flats and upgrade to a larger flat in Elysian. As investors you are only getting 2.5% rent yield, you already have a capital gain which is set off considering it is long term capital gain. You should sell the existing inventory keep money in the bank, enjoy interest and pay 25% through Bank subvention or 35% through developer subvention scheme. You will make much more money and no headache for renewing leases for next 5 years and no society maintenance and no taxes.