Do you know this fact that before completing construction 👷 70% considers housing societies are sold whether it's high society or chawl, have you ever notice that millionaires are earning continuously and now you too want to know how they earning, because of investing in real estate they invest in the right property and most of the investors buy when property rates are fall they know the right property of market by their years of experience.
How do I invest in real estate?
If you have 50 lakhs to invest that's enough for a good investment but keep this in mind never go for big in the "beginning", can you believe this that you can buy property in Mumbai slums in under 20 lakhs " yes" it's possible so let's imagine you buy 2 (1RK) apartments under 40 lakhs both of them are 20 lakhs and give that property on rent, how much rent you receive from 1 property the starting price of slums in between 5k to 12k and it depends how your apartments are if it is old colored or unfurnished you didn't get 12k A month for 1RK if you do some changes which look good 👍 in an apartment then your rent could increase so let's imagine you earn 7000 Rs from one property then how much your returns comes in a year your interest is 4 % from the property as per principal if I you generate more then 2% from the property it can consider as an good investment.
But you earning from 2 of properties with the same amount so your returns is 8% annually your investment is too much good you are earning 168000 Rs Annually without doing anything, this is the power 🔋 of real estate investment.
How to make a chain of rental properties?
When you are successful in your first property and earning more than 2% returns annually then you are ready to land in big properties. If your budget is not in crores then start from a low budget property like small societies or towns and if you know commercial space then this is a good 👍 opportunity to invest in commercial spaces. Imagine that you buy a small shop for Rs 30 lakhs and purchased more 2 shops and earns rental income from commercial property the average rent in cities like Hyderabad, Bangalore, Mumbai, Chennai, gurugram is 11k to 15k per month for example you receive 15k from 3 shops price is same your annually returns is 6% you earning 540000 yearly, 'what millionaire investor do with their earnings? They re-invest in other properties investors continuously find the best properties for investment if he finds one he invest in that without wasting time and hence the chain of property is formed.
Investors find premium office space in cities like Mumbai, Hyderabad, Chennai, Bangalore, Jaipur all these cities are high rental income cities from small shops to big office space all these places give good returns. An investor invests from small properties & after earning from their they buy 1 another property now he earns from 2 of properties, money which he receives as rental income investor spends minimum on himself and invest maximum capital which give high returns
Investors making money consistently, in the beginning when investors start their investing journey he do live in slums and after that comes to 1 BHK flat and making consistent profit having multiple properties in commercial or residential sector after that it comes to buy a bungalow for themselves.
Best rental spaces in India 🇮🇳.
Gurugram-minimum space in shop starts from 10000-40000/month
Minimum space in office starts from 17000-1.5 lakhs/month.
Hyderabad -minimum space in shop starts from 20000-1.5 lakh/month
Minimum space in office starts from 35000-2.5 lakh/month.
Chennai -minimum space in shop starts from 15000-1.5 lakh/month
Minimum space in office starts from 25000-3.5 lakh/month.
Bangalore-minimum space in shop starts from 15000-1.5 lakh/month
Minimum space in office starts from 35000-1.8 lakh/month.
Mumbai-minimum space in shop starts from 30000-500000/month
Minimum space in office starts from 35000-15 lakh/month.
Jaipur-minimum space in shop starts from 8000-90000/month
Minimum space in office starts from10000-1.5 lakh/month.
