Mari Holzer. apartments. August 22nd , 2017.
DO know that cheap apartments in Gramercy do exist. It is common for us to automatically assume that cheap apartment rentals are nothing but a dump. Yes, some of these units are less than appealing; however, you will come across a number of legitimate affordable units, rooms, and houses for rent. For example, lets say that a little old lady is renting a room out. She is more looking to have someone on the property with her for safety reasons than to say make a profit. For this reason, she is likely to charge a cheap rental rate.
The best time to choose a hotel is when you are staying for less than a week. They are cheaper compared to apartment rentals in Colombo which are cheaper over a longer period of time.
As regards business property, the yield depends on the dimensions of investment. For bigger investors, it lies from nine to eleven per cent each year pre-tax whereas for investors with a targeted investment limit of rupees ten crore and below, the yield ranges from seven to nine per cent each year pre-tax. Blue chip tenants don't like buildings strata title, as a result the commercial property in Chennai the transactions are currently seeing a trend where developers are solely selling the full building or a minimum of one owner per floor. This leaves restricted space for retail investors and therefore the opportunities are restricted to the high net worth individuals.
Sales volume for Chennai apartments has dipped from 30000 units in 2012 to about 19000 units in the year 2013. This also end up in the downturn of new projects from 31000 units in the year 2012 to 21000 units in 2013 thus resulting in a fall of around 35%.
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