New concept in real estate.

Yeah I have heard about the new concept, the concept is recently introduced in Bangalore. The concept is if an investor invest Rs 10 lakhs for a studio apartment in a posh area with all modern facilities and the complex is surrounded by leading IT companies. The entire complex is designed for long stay accommodation for IT professionals at an affordable cost almost the same as a paying guest accommodation. You need not have to manage anything everything in the complex will be managed by a professional company.Rent will be collected from the occupants, pooled and after deducting maintenance charges, will be credited to the investor's account on quarterly basis. If an investor's apartment is vacant, he will still earn his rentals by virtue of the ‘pooled' model.