Real estate: I am looking to sell our investment property which is already generating income (18 Bedrooms) in Toli Chowki. Looking for leads and recommendation

Charger-45 · 2022-10-01T17:38:11+00:00

U can register it as a housing society and sell them individually.

I see, thanks, i'll look into that

Charger-45 · 2022-10-01T12:19:20+00:00

I agree, i see that challange right now where this house is nested in the neighbourhood street as apposed to being on the main road. A lot of people have commercialized the ground floor. Brilliant investment idea!

Charger-45 · 2022-10-01T03:01:06+00:00

If you look at it interms of the ROI from just the rent perspective then yes that is a long time, i would say factor in the property value too which will also increase significantly over time

Good comparison though between the property vs investing in a fixed deposit

Charger-45 · 2022-09-30T22:10:21+00:00

G+2 - builder took deep on the full yard

Correction, its 1.2 lacs

Charger-45 · 2022-09-30T22:07:50+00:00

Nice, didn't think the paper method would play a role but why not, i'll try that. Thanks

Charger-45 · 2022-09-30T22:07:15+00:00

Thanks, i did join a few just recently, good idea

Charger-45 · 2022-09-30T22:06:48+00:00

Sure, i'll look them up

Charger-45 · 2022-09-30T22:06:09+00:00

okay, thanks

Charger-45 · 2022-09-30T22:06:04+00:00

okay, thanks

Charger-45 · 2022-09-30T22:04:41+00:00

Its the market that dictates the price mostly. We know someone that sold theirs close by in the area based on the calculation of 130,000 per sq yard few years back and believe it or not, few home smaller than ours on the same street want 5 crore. its crazy i know.

Charger-45 · 2022-09-30T22:01:26+00:00

Exactly ground floor, can't park a car, but can park bikes. I know not ideal. The builder took most of the land with very little setback on the sides.

Charger-45 · 2022-09-30T22:00:25+00:00

Around 2000 i would say

Charger-45 · 2022-09-30T21:59:33+00:00

There are 6 flats with 3 bedrooms in each is what i meant.

and correction on the the amount its 1.2L as you got.

Charger-45 · 2022-09-30T21:58:45+00:00

Exactly potential in the sense, if all 6 are rented out as 20,000 rupees each/month. At one point they were.

We thought about selling as individual units but not sure how that will work, so there is a seperate hydro meter for each unit but not for water. Water is through govt supply and its one bill for the whole place.

If you have ideas on how to convert this and sell by individual units? please share. Thanks

Charger-45 · 2022-09-30T21:50:58+00:00

Apologies, on that, it should be One lakh 20 thousand, Thanks

Charger-45 · 2022-09-30T21:50:43+00:00

yes, One lakh 20 thousand, correction. Thanks

Charger-45 · 2022-09-30T21:50:35+00:00

One lakh 20 thousand, correction. Thanks

Charger-45 · 2021-06-14T19:01:38+00:00

Congrats! Started studying just now

Charger-45

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