How is owning a flat on loan and renting it out? The emi would be less than the rent and I’ll have to pay nothing from my pocket. After 5 years, I’ll sell it out.
Anonymous 1
Hey I am on Medial • 14d
rental yield is not that high in india
lets suppose you buy 1 bhk flat min price 40 lakhs in t1 t2 cities where rent is high then your emi will be 35-40 k month and rent will be 10-16 k month so you have to pay the balance amount by your own pocket
How is owning a flat on loan and renting it out? The emi would be less than the rent and I’ll have to pay nothing from my pocket. After 5 years, I’ll sell it out.
1 replies2 likes
biohomie
coexist naturally • 2m
In the name of FSI & Development we are consuming exhorbit, being into the construction industry my idea is to not build high stories rather build natural homes & hv space for kitchen & spice garden, some fruit tress. where the price of 2-bhk is 40 l
RoomSaathi
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need validation. In the name of FSI & development we are consuming exhorbit, being into the construction industry my idea is to not build high stories rather build natural homes & hv space for kitchen & spice garden, some fruit tress. where the price
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Hawk
•
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How to save tax as a Corporate Employee in India in 2025: My Top 5 Tips! 💡💰
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Yes, certain allowances like HRA (House Rent Allowance) are tax-free under specific conditions. If you're paying rent, don’t forget to claim this