I am getting a deal for 2BHK flat in Neelpadam kunj - Vaishali fro 40 lacs Could anyone suggest me how is it in terms of investment and for residential purpose as well ? How is the location and what could be the possible average rental income from this flat?
Any pros/corns of this option.
One question that is bugging me a lot is the reason why is it so cheap in comparison with other society flats in nearby proximity?
I think you should convert it to free hold. For the challenges, Mostly it is paper work and lease terms. Are you getting this deal through Dealer or directly from seller(specific person who own the flat)?