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Indian Real Estate News : Others
Invest in property now and earn rental returns
Source: The Times of India Apr 02, 2014
If you are real estate enthusiast,  this might just be the right time for you to own a property and earn some handsome rental returns!

At a time when buyer sentiments across the country are still wobbly,  rental markets have given some hope to the harried investors.  What this essentially means is that if you cannot earn capital appreciation,  rental income is sure to come by.  How? Read on.

With buyer sentiments down across the country and everyone awaiting the general elections,  the common consensus is against buying property.  This has led to people opting for rental accommodations as opposed to buying their own home.  Does this ring a bell in your head?

Well,  it might just be the right time to buy.  With ample ready projects available one can immediately start earning rental income.  With increased demand for properties on rent and capital values being stable,  rental returns are expected to be high.

Data with Magicbricks also indicates a similar trend.  As compared to the Oct-Dec 2013 quarter,  rental values have shot up across all cities during the first three months of 2014.  However,  capital values have either dropped or remained stable.

As per the data,  for instance,  in Mumbai almost all major markets have witnessed a rise in rental values.  Rental values have gone up as high as 10 per cent in several locations such as Bandra West,  Powai and Juhu.  This is in contrast to the almost stable market that was noted in the previous quarter.

This trend was not limited to Mumbai alone,  but was observed in all primes cities such as Delhi,  Ghaziabad,  Gurgaon,  Noida,  Bangalore etc.  Almost 60-100 per cent of the localities in these have seen significant rise in rental values in the last three months.

Several projects were delayed in the last quarter of 2013 due to various factors.  Within the first three months of the new year many of these have been delivered or are expected to be ready for possession soon.  Thus,  if you buy a ready property now,  rental returns are assured.

Property investments are all about timing.  Thus,  before the elections if you are planning to invest in a property then lease it out immediately to hit the jackpot.

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