HI, 2 BHK property for rent in La Vida Loca apartment in 750-1200 sq-ft will cost around Rs.10000-18000/month with Rs. 80000 as a security deposit on 10th floor east facing.
Hi Vatsa, I want to understand how much appreciation can be expected in Pimpri-Chinchwad area. We are getting a property worth 80 Lakhs - 3BHK in Roseland Residency, Is it a good option to invest & what returns can we expect?
Well Saurav, Firstly, evaluate the feasibility of this purchase. there are widely 2 types of 3bhk:- 1) compact of around 1300sq.ft. and 2) around 1500sq.ft. On this basis, your property is costing you between 5000/sq.ft to 6500/sq.ft. check the rate of resale in this area.
Secondly, if this area has good accesibility and infrastructure planned for future and it is not yet executed, then you can expect appreciation of around 100% in next 5 yrs. otherwise if its already developed and well planned area; rate of appreciation could be a little slower, but you may good rental income in that case.