Q:What’s the rent trend in the city? I’m planning to buy a second property in Marine Drive and rent it out. What do you think guys, good idea? Suggestions are welcome.
Latest Answer: If you let out a regular 2bhk apartment near Kochi infopark, then you can charge upto Rs 16,000 if it is semi-furnished. If its fully furnished then you can charge up to Rs 20,000. If the apartment complex has amenities like gym, swimming pool, etc, you can even charge an additional Rs 2000 per month. Flats are generating more rent than houses, so I’d advise you to invest in flats only.
