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Uniworld Studio apartments in ECity, Bangalore - Need inputs

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Uniworld Studio apartments in ECity, Bangalore - Need inputs

Last updated: October 12 2017
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  • Uniworld Studio apartments in ECity, Bangalore - Need inputs

    Hi All, Looking for your expert opinions or if anyone already bought or considering investing in the Uniworld Studio apartments on Neeladri road, ECity. Project link: Studio & Service Apartment Electronic City in Bangalore | India Studio Apartment Investment - Uniworldindia.com

    Is it a good investment for getting regular rentals? Would there be scope for appreciation for such studio apartments?
  • #2

    #2

    Re : Uniworld Studio apartments in ECity, Bangalore - Need inputs

    Hi, Have you invested with Uniworld Studio apartment? If so are you getting returns from the property Please reply. I am looking to investment Uniworld project. Thanks

    Comment

    • #3

      #3

      Re : Uniworld Studio apartments in ECity, Bangalore - Need inputs

      Originally posted by Kumar_V View Post
      Hi, Have you invested with Uniworld Studio apartment? If so are you getting returns from the property Please reply. I am looking to investment Uniworld project. Thanks
      Its a waste of money. Gross yield is around 7-8%. Net of taxes its not worth it. Keep the money in the bank and see it everyday without stress

      Comment


      • gunda.
        gunda. commented
        Editing a comment
        Gross yield is rental yield? 7-8% compared to typical 3-4% is good right?
        How about capital appreciation?
        Heard they are coming with new one (saw it on Mr.S G Rajashekaran blog)

      • Somashekar
        Somashekar commented
        Editing a comment
        7-8% was quoted by the marketing person. So in reality it will be half of that. And capital appreciation is poor because you need commercial investors and apartments depreciate over time.
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