My parents have been telling me that rental property investment is one of the most lucrative investments in our country. Few of the best properties are found in Mumbai in the following area:
Malabar Hill (Mumbai)The property prices in this area can be as high as over Rs. 50,000 per sq. ft. The rent of a 4 BHK villa/flat can even go up to Rs. 10 lakhs. 2 BHK flats are also rented out for over a lac. If you have substantial funds, then Malabar Hills is the best area to invest in real estate.
Check Out Properties for sale in Malabar Hill on NoBroker!
Juhu (Mumbai)Low-rise buildings, penthouses, and villas are very common in Juhu. Some popular Bollywood celebrities like Akshay Kumar and Amitabh Bachchan stay in this area. The monthly rent generated from just 1 BHK flat here is more than Rs. 50000. Renting a 4 BHK flat can cost anywhere between Rs. 2-4 lacs a month. The monthly rental income from a 5 BHK can get you Rs. 8 lacs per month.
Explore a Wide Range of Properties For sale in Juhu on NoBroker!
Some of the most popular residential projects in Mumbai are Lodha World View, Wadhwa Wise City,Rustomjee Paramount,Godrej Urban Park, Birla Niyaara.
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What are the best properties in and around Mumbai?
shagunproperties
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1 Answers
1 Year
2023-02-01T09:53:48+00:00 2023-02-13T17:57:43+00:00Comment
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