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To make money by taking a loan and getting high return in real estate, here’s a smart, step-by-step…
- Using a bank loan to invest in high-growth real estate can lead to profits through property value appreciation or rental income.
- Key Steps:
- 1. Choose a high-growth property in developing areas like Ajmer Road or Mahindra SEZ, with rates ranging from ₹18,900 to ₹30,000 per sq. yd.
- 2. Take a home or plot loan covering 70-80% of the property cost, with an easy EMI payment plan.
- 3. Hold onto the property for 2-3 years to benefit from areas like Jaipur's outer ring road or Mahindra SEZ, expecting a growth in property value.
- 4. Sell the property at a higher price after 2-3 years or generate passive income by renting it out.
- Example Calculation:
- Buying a 100 sq. yd plot at ₹19,000/sq. yd for ₹19 lakhs, with a potential profit of ₹11 lakhs when selling at ₹30,000/sq. yd.
- Key Tips: Choose JDA approved & RERA registered properties, invest in upcoming infrastructural locations, start with small investments like 50-100 sq. yd plots or 1BHK flats.
- Loan Amount (80%): ₹15,20,000
- Your Investment (20%): ₹3,80,000
- EMI (5 yrs approx.): ₹11,000/month
- Price After 2 Years: ₹30,000/sq. yd
- Selling Price (Expected): ₹30,00,000
- Profit: ₹11,00,000+
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