Want to know about ROI in terms of rental earning.
Q: Dear Sir/Madam, I am planning to buy a 3 BHK flat (1550 sq ft) in Peninsula Pinnacle, Sarjapur Hobli. I am going for this investment only for earning through rent. How much monthly rent I can expect from this property? I just want to know about ROI (return of investment) in terms of rental earning.
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Hi Shyam the project is in upcoming area. There are other confident projects where 3bhk a rent of 13 to 14 k is got. Hence for Peninsula - you can keep about 11 to 13k range. You can also consider options of Mayur Serinity or S2 Housing Avantika Lifestyle - which are closer to city - at Somapura Gate - where you can expect better returns on investment also.