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Hmm.. seems question put up is wrongCommentQuote0Flag
- Originally Posted by coolkaps4u140 views no reply ..
Hmm.. seems question put up is wrong
Right question and definitely must call you a lucky guy with disposable 1 cr in hand.:D
Actually,,, it is very important to know if you actually do need the rental income and also necessarily need to take a loan??
In I cr you can find ample RTM properties in New Gurgaon and near RTM Mahindra Aura 110 with ready rental income and no need to take loan. Mahindra, purely since you are checking Puri Emerald bay 104, in my view 110 is better located and will shine even more once NPR litigation is over.
Within this budget of 1 cr appx. you can get a choice of RTM properties in 8x,3x,9x Units under possession and Families living
Some 4K units have been offered possession, around 1000 families living.
Besides you can try Godrej 80 recently in news for possession and Uppal property phase 1, which is RTM.
Bestech Sohna Road is also not a bad choice but you may require a loan.
As far as plot is concerned, it is the best type of investment if you are planning to build for self/floors and can also use your leverage capability latter at time of construction.
Seriously would suggest with registry plot in authorised residential area only. However, not sure if you can get a big plot in 1 cr. Certainly a small 6-8 marla 50-70K psy in Huda Sectors is a no hassles, secure bet if coloured component is not a problem.
You may also find the following discussion thread of interest https://www.indianrealestateforum.com/forum/city-forums/ncr-real-estate/gurgaon-real-estate/32233-investment-options-residential-commercial-60l-gurgaon?t=34062
Hope that helps.
- Thanks Blessyou for detail message
I am impressed with your knowledge.
I will check on Mahindra Aura
Can anyone suggest what is the price I can get in resale there and How much rental income I can expect.
Plots which sector you recommend?