Q: Hello I am looking to invest in Bhopal and I am interested in investing around 30-32 lakh rupees in property. Please suggest me some good options so that I get a healthy rent and resale value after 10 years.
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Hello Sir , We have a new project in your budget in Bhopal and you can resale it too.If you are interested please give me contact number and your mail Id I will mail you the brochure of our project or you can visit site as your convenience.
Check out for options at a good residential area in Bhopal like Sahara City or Eco Green City, there are many options available. Some leading developers in this area are Coral Woods, Globus Green Bay and Fortune Soumya Heritage. These are properties under construction where you can buy at affordable rates. Within your range, there are options of 3 BHK apartments with about 1500-1600 sq. ft area. Rental income is assured here as there is a large influx of working class here. Property prices in Bhopal are rising at 15 to 20 percent annually. So go ahead.
As real estate in Bhopal has not picked a boom like that of Delhi- NCR, you will get several good options here within your budget. Within your budget you can buy a 3 BHK of around 1500-1600 sq ft. It is always better to invest in properties under construction as you will get a better deal. By the time it is finished there are chances that the rates will be doubled especially due to demand. J K Town, Sahara City, Mubarakpur etc are good residential area. The demand here is surged by the commercial spaces opening up in the vicinities. So definitely you can rent out the property and get good returns in a long run.