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Friday, November 6, 2015

How to Make Money with a Second Home in Delhi?

So you live in Delhi and you are looking under every rock and asking anyone you can grab hold of about new ways to make money and more profitable investments? We have good news for you.

They say investment is the best way of saving money these days. It adds to your income, your money goes into all the right places and quite soon enough you will have a solid value appreciation. Thereafter, you can either continue to draw rent off your property or sell it off add more money to it and move onto a new property. But while you hold on to your property there are some smart ways to make good money. We have some good tips that we hope will help you in generating a steady income.

Commercial Spaces on Rent

Properties, both commercial and personal, draw good rents over time. In the NCR, commercial spaces in the right spaces attract good rents. In fact commercial properties on rent can become your primary source of income. But cost of buying and maintaining a commercial property is much more than buying and maintaining residential properties. Of course the scope of income also differs accordingly.

Residential Spaces on Rent

Investing a lot of your money in one commercial property may seem like putting all your eggs in one basket. If that is the case, you can spread out your investment and buy properties from different Real estate Company in India. That way you minimize your risks. If one property sits idle in the market the other will keep the flow of money steady.

At the end of the day, the money you make depends on how good you are judging real estate in a complicated market like the NCR. A simple suggestion we have for you is this – always go with the trusted brands and make smart decisions.