Is Mohali rental yield actually worth it?

U4, my cousin almost fell for one of these schemes. The fine print was horrible. They had clauses that allowed them to reduce the rent for 'maintenance' or 'market conditions' after the first year. Always read the entire agreement before getting swayed. It's better to get a realistic yield than a fake high one.

U4, agreed with U8. Also, after the guarantee period, the rent often drops drastically. It's a marketing gimmick to push sales, not a sustainable income source. Been there, done that in Baharampur Naya, learned my lesson the hard way.

U4, rental guarantees are a trap. They just bake the cost into the property price, making it seem like a good deal initially.

U3, the problem is not just screening, it's the sheer number of available units. I track listings online, for every good tenant, there are like 10 empty flats in many societies. Plus, maintenance charges eat into whatever little yield you get. My friend in Basai faced similar issues, it's a general trend.

Exactly, U3! My brother bought in Sector 125, Mohali, thinking he'd get good rent from students. Abhi tak tenant mila nahi hai. Vacancy is a big issue, especially for 2BHKs. 1BHKs might fare better but even those are struggling.

U3, tenant screening was decent, but demand is low. Agreement terms are standard, 11-month lease. Nothing out of the ordinary.