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Home > Forum > Chennai > Velachery > Rentals > How do I calculate the lease value of a residential property?

How do I calculate the lease value of a residential property?

Q: I have a flat in Chennai. How do I calculate the lease value of a residential property for 1 year and so on? Suppose, it is a 1000 sq. ft. house in a flat.

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how to calculate lease value of a property?
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The gross rental multiplier is a valuation benchmark that looks at a property relative to its rental income. To calculate a GRM, divide the price of the property by its yearly rent - for example, an Rs.6000000 house that rents for Rs.15,000 a month would have a GRM of 33.3, which is derived by dividing the Rs.180000 in annual rent into the Rs.6000000 price.
Chandrachur


signup Clixsense from this link:

https://www.clixsense.com/?14055337

you will be able to earn minimum $1000 per month
lipan,  Mumbai
17th February 2019


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