By: Thomas George

Thomas George — Wed, 07 May 2008 17:39:38 +0000

I was trying to make sense of the concept of zero rentals. Suppose a person buys a property for 50 lakhs and then leases out on zero rental for 10 lakhs (20% of value), is he not almost depending on appreciation of property for returns?

By: riathareja

riathareja — Wed, 07 May 2008 06:37:41 +0000

So you are attempting to understand the real estate position in Mumbai, but you are not clear in your mind the market picture of real estate in massive Mumbai? To help you, here is a preview of real estate market in Mumbai. Mumbai is going to be the town of the potential. According to the facts & figures, the real estate sector is growing at a blistering 30 per cent annually. Mumbai real estate is among the most expensive in the world - more than that of Tokyo or New York - and there is no shortage of those who can afford to pay. Some of the few successfully completed real estate projects in Mumbai are new airport at Navi Mumbai, New Suburban Trains Project, Bandra-Worli Sealink Project, Santacruz-Chembur Link Project, De -congestion of Prime CBD areas, Current Transportation systems, New Bridges Project, Sprawling Townships Project, Shopping Malls, IT Software Parks, Office complexes and development of Property investment proposition. Now, the city is undergoing redevelopment and restructuring. Various big real estate developers & constructors like DLF, Akruti, Parasvnath are bidding for the redevelopment of Dharavi which is Asia’s biggest slum and Mumbai’s biggest mess. Another interesting trend taking place in Mumbai is the remodeling of commercial spaces to retail spaces. With the property values of commercial spaces touching the sky, developers find it difficult to sell their commercial/office property. Hence, many of them are positioning their property as retail space in a hope to find more takers. Mumbai property market is a case in point. This market needs to be studied carefully as most the property trends arise from this market.For more view- realtydigest.blogspot.com

By: Thomas George

Thomas George — Mon, 05 May 2008 16:24:34 +0000

What is the the ratio of the deposit to the property value? For example: what would the zero rental deposit for a house valued at 50 lakhs?

Comments on: Concept Of Zero Rental Enters Into Mumbai suburbs

By: Thomas George

By: riathareja

By: Thomas George