July 5, 2016
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2:39Now PlayingBe Un Confused
Expert: Jayashree Kurup, Head-Content & Research, Magicbricks.com
Question: I want to buy a ready to move in property in a gated society at Hyderabad. My budget is Rs50 lakh. I have shortlisted Bhavya Tulasi Vanam at Kukatpally and Accurate Windchimes at Narsingi. Are these good investment bets? What rental returns can I expect?
Answer: In both these projects you will fairly get the rental demand. In rental returns you may get between Rs10000 – Rs20000 per month. If you want to buy in the Hyderabad market try to invest in those projects which are closer to the IT hubs, there the rental rate is high. A bit further there is a big bump up in returns at Secunderabad because of its demand due to the metro project, flyover project and infrastructure upgrade.
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