My parents have been telling me that rental property investment is one of the most lucrative investments in our country. They told me that if you decide to invest in the right property at the right time, you can get huge returns in the future. In my opinion, buying a residential property in a plush area is an excellent choice whether you want to stay there or not. While staying in such a locality will improve your lifestyle, renting it out can help you generate a good income.
Best Places to Invest in Rental Property in India 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 are to invest in real estate.
Check Out Rental Properties 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 Rental Properties in Juhu on NoBroker!
Green Park (New Delhi)Renting out a flat in South Delhi’s Green Park can get you up to Rs. 12.50 lacs per month, meaning it’s perfect if you’re planning for an investment in real estate in the country. The flat rentals in this locality begin from Rs. 20,000. However, renting out a furnished 2 BHK flat can help you get up to Rs. 1 lakh a month on average.
Find a Variety of Rental Properties in Green Park on NoBroker!
Greater Kailash (New Delhi)This area is peppered with meticulously developed independent houses that are home to millionaires. GK has spacious properties that you can rent out for up to Rs. 12.50 lacs per month.
Check Out Beautiful Rental Properties in Greater Kailash on NoBroker!
Other Places for Rental Property Investment in IndiaCuffe Parade (Mumbai)
Golf Links (New Delhi)
Jor Bagh (New Delhi)
Hauz Khas (New Delhi)
Shanti Niketan (New Delhi)
Use NoBroker’s Rentometer to Find the Expected Rent of the Properties in Different Locations
I hope you liked my rental property investment ideas.
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Authors Of The Question
Which is the best places to invest in rental property?
Lakhu
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2 Year
2022-05-18T18:43:39+00:00 2022-05-18T19:04:23+00:00Comment
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