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However, on average, renting out a furnished 2 BHK can help you generate an income flow of over INR 1 lakh a month. The apartment rentals in this area start from INR 20,000. Renting out a house in South Delhi’s Green Park can get you up to INR 12.50 lakhs a month, which means it is apt if you are looking for an investment in real estate in India. A 1 BHK unit can generate a monthly rental of around INR 50,000. Renting out a 3 BHK apartment in Tardeo can generate an income of up to INR 4 lakhs a month. The residences here boast architectural brilliance and the area is well-connected with the rest of the city. Tardeo features a few residential properties and a number of commercial complexes. The monthly rental income from a 5 BHK can be as high as INR 8 lakhs per month, making Juhu one of the best places to invest in property. Renting a 4 BHK apartment can cost anywhere between INR 2 lakhs and INR 4 lakhs a month. The monthly rent generated from a mere 1 BHK apartment here is more than INR 50,000. Some of famous Bollywood celebrities such as Amitabh Bachchan and Akshay Kumar reside in this area. Villas, penthouses and low-rise buildings are a common sight in Juhu. If the best city to invest in real estate in India is Mumbai, then Malabar Hills is the best locality for making such an investment, provided you have substantial funds. 2 BHK apartments are also rented out for over a lakh. The rent of a 4 BHK apartment/villa can go as high as INR 10 lakhs. The price of property here can be as high as over INR 50,000 per square foot. It is dotted with penthouses and ultra-luxurious condos. Malabar Hill located in Mumbai is home to billionaires. Now, without much ado, let us take a brief look at each of these: The monthly rent in such places can go up to lakhs of rupees, boosting the rent business in India. The top ten localities in India that generate maximum rental income can be mostly found in New Delhi and Mumbai. This makes it a great option for investment in real estate in India.Īlso read: NRIs Head Down South For Property Investment Top 10 Localities that Generate Maximum Rental in India
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This well-developed city houses several beautiful residential societies that demand a good monthly rental. Areas such as ISRO Layout, Indira Nagar, Frazer Town and Marathahalli house some of the most expensive accommodations in the city. However, there is a trend of seeking advance rental of 11 months initially, thereby making it a lucrative deal for the landlord. On average, the monthly rent of a 2BHK apartment in the city is anywhere between INR 20,000 – 30,000 a month. This makes it one of the best cities to invest in real estate in India. The rents in Bengaluru are growing sharply, even though the property rates are comparatively lower than in Mumbai and Delhi. Thus, the demand for accommodation has grown substantially here, and so have the rentals. It has become a hub for multinational companies and BPOs. Gurugram has also gained traction in recent years. The pandemic and multiple lockdowns that came along had a life-changing impact on our lives that none of us saw coming. The real estate industry and home designs are no exceptions. Therefore, architects and interior designers are responding with new, more adaptable floor plans. The pandemic has changed what people want from a home. How Well Has Your Home Adapted To The New Normal? Mumbai, Delhi, Bengaluru, Gurugram and Pune are among the cities where landlords can rake in lakhs of rupees, courtesy of the rental business in India. The metropolitan cities in India top the list of localities offering the highest rental income. Which Cities offer Maximum Rental in India? This information should come in handy if you are planning to make a real estate investment. In this blog, we have provided information about the best cities to invest in rental property in India. In fact, if done right, real estate investment in India can yield an income of up to INR 20 lakhs per month. While residing in such an area can boost your lifestyle, renting it out can help you generate a handsome side income. Purchasing a residential property in a plush locality in India is a good choice whether you want to reside there or not. If you choose to invest in the right property at the right time, you can reap excellent returns that are likely to see an upward trend over time. Real estate investment is considered as one of the most lucrative investments in India, and for good reason.