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02-07-08
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#1 |
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New Member
Join Date: Jun 2008
Location: cupertino, california, usa (silicon valley)
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where is the best rent/price ratio
i live in usa. i would like to invest in apartments in india and i have to manage the property from long distance. i am looking for the city where i can get best rent for price.
also, any advise on renting proeprties in dealing with tenants and property mangers?? my budget is 1 -3 cr-and i would like to buy with all cash without loans. what part of price rental and resale market will do well in future?low-mid -high price properties? thank you for help |
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12-05-09
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#3 |
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Senior Member
Join Date: Nov 2008
Location: Tamilnadu
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Dear friend,
I feel, it is anywhere between 1 to 5 % depending on the city and the location where the property is situated ( annual rental income as a percentage of the total cost of the property ). The lowest in the outskirts and the highest within city limits. Bangalore and Delhi are also not bad for rental income. ks2071746 |
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