Is Gurugram rental yield still worth it for NRI investors?
Rental yields feel so low in Gurugram considering the property costs. I'm based in Dubai and looking to invest in a 3BHK in Gurugram, maybe Golf Course Extension or even DLF City Phase 4. Property prices are quite high now, say ₹3 Cr range for a decent 3BHK. But when I check rental listings, even for furnished places, the yields seem really low, like 2.5-3% maybe. Is it even worth it for rental income anymore? I hear rents shot up 30-40% in the last two years, but still... I can't do a site inspection myself, so I'd need a property manager. How reliable are they for finding good tenants and handling things like maintenance disputes? I'm worried about getting fleeced by brokers or dealing with tenants remotely. Will these high rents even stabilise, or is it just a temporary surge? What if the tenant leaves after a year and I'm stuck? Need some ground truth on actual rental experience there.
Comments
No comments yet. Be the first to comment!