Every investor before investing in a commercial property thoroughly validates the potential of that property in providing profitable returns over a period of time. In most cases, returns start to pay out after a period of time, which usually starts after the completion of the project or when the property starts filling out. However, with the guaranteed rental scheme, investors can expect to get assured rental income as soon as the deal is concluded between them and the developer.
The assured rental scheme is usually offered on properties that are still under construction. To formalise the scheme, the terms for assured returns are included in the agreement that is mutually agreed to and signed by both the parties. In under construction properties, guaranteed rentals are offered for the entire period untill the construction is complete and the property is finally handed over to the buyers. There are developers that promise assured rental income after the completion of a project as well. In this scenario, the developer finds the buyer a tenant and guarantees a fixed rental income for a mutually agreed upon time period. The most common assured rental scheme as well as the more successful one at that is the one for under construction properties. The instances where developers offer assured rental for already completed properties are only few and far between.
Himalaya City Center, a shopping mall in Raj Nagar Extension, Ghaziabad, is offering Rs 1.28 lakh per month to all the buyers of a commercial shop for sale in Raj Nagar Extension, Ghaziabad. Investing in the high-street retail project in Raj Nagar Extension can give you this rental income sitting at home. All you need to do to get assured return on your investment is make the initial payment and then sit at home and enjoy the rewards that your smart investment is paying. Also, there are convenient payment options that ensure that you don’t put unnecessary financial burden on your shoulders.
The assured rentals are usually calculated keeping in mind the total market value of the property. Other things that are also considered include location, project scale, appreciation potential, and more. The percentage could be anything between 9-13 percent. If you look at it from an investment perspective, you will find that the guaranteed rental scheme is quite a lucrative opportunity that could make investors get more out of their investment. However, it is always advisable for investors to not take this decision in haste. You should keep your eyes open throughout to make the maximum out of this adventure. One of the many important things that you should keep in mind is selecting the right developer. If you choose a developer that doesn’t hold a good reputation in the market, you will be ruing your decision of getting associated with them. However, when you select a developer like Himalaya, you will be grateful that you made this decision of getting into a professional relationship with them. Your association will always reap you more than expected dividends over a period time.