Q:Dear Sir, I have finalized a reday to move 1-BHK builder floor (25 Lak) in Niti Khand - 1, Indirapuram for rent purpose.I am taking home loan of 20 lak for 20 yrs. my plan is to sell this flat after 5 yrs. as i will give this floor on rent (rent trend is 8-9 k). EMI would be approx 20 k.As i calculate in 5 yrs i have to pay 12 lak rs.My question is: will this property would give me good return after 5 yrs. Please give your advice. Thankyou. Warm Regards, Nitesh
Q:Dear Sir, I have finalized a reday to move 1-BHK builder floor (25 Lak) in Niti Khand - 1, Indirapuram for rent purpose.I am taking home loan of 20 lak for 20 yrs. my plan is to sell this flat after 5 yrs. as i will give this floor on rent (rent trend is 8-9 k). EMI would be approx 20 k.As i calculate in 5 yrs i have to pay 12 lak rs.My question is: will this property would give me good return after 5 yrs. Please give your advice.
Latest Answer: Worst property ever found. Giving possession on time is not enough, there should be necessary amenities that should be provided by Saya during the time of possession. following are the lapses even after 1.5 years of giving possession:
1. No Convenience store available, one have to go shipra for daily necessities because Saya management dont want to loose the office which is meant for glossary store.
2. Hard water which is hard at the level of sea that on should get suffer from skin deceases, major hair fall and even can go upto the level of cancer problems. Its all because the water softer installed in the name of softenin of water is fake and only JUGAD.
3. Poor maintenance quality. Even after paying huge charges of maintenance there is poor maintenance quality, guys are so unprofessional that one can not even want to talk with them.
4. Poor mobile signals all around towers. Management failed to install the boosters because they were demanding huge rental charges.
Latest Answer: The area attracts a lot of investors due to the presence of metro and very good connectivity . working professionals can travel everyday and with no worries. Fast and better connectivity than many NCR areas.