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Is Dharampeth, Nagpur a good investment bet?- Property Hotline
Posted
December 13, 2016
Views
1,424
Likes
5
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December 13, 2016
1,424
5
0.35%
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3:48Now PlayingExpert: Jayashree Kurup, Head of Content & Research at Magicbricks.com.
Question: I have bought a premium 3BHK flat (1740 sq. ft.) for Rs 8000 per sq. ft. at Dharampeth, Nagpur for investment purpose. I will get possession in 2017 March. Is it a good investment?
Answer: In Dharampeth 3BHK apartments are available within Rs 75 lakh – Rs 1.47 crore. Premium apartments are available for Rs 7000 – Rs 10,000 per sq. ft. You can fetch Rs 20,000 – Rs 35,000 as a rental income on 3BHK apartment per month. If your property is getting ready by 2017 then don’t sell it immediately. Hold it and take the rental income on it. It is a good investment.
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