*High Luxury 2000 Sq feet Apartments*.
Renting Vs Owning view.
1) Assume *Chennai ADYAR* for example @16000 per Sq Feet.
2) An assumption of *3.2 crores at cost*, You can get for Rent at *55,000 per month*, per year *Rs 6,60,000*
3) Current Liquid Funds Returns today @ *6.2%*, you will get Monthly *1.65 lakhs*, Annually *20 lakhs approx*
4) Even at *4%* Returns, You will get Monthly *1 lakh*, Annually *12.80 lakhs*
No property tax, No Maintenance cost, No Repair work, No Headaches. More importantly, you can change if you don't like & *Move like Hanuman wherever you prefer*
This is my view & It is only for people owning more than one house
Source- Today's Times of India, Property times
Vijayakumar. N
Managing Director
*www.click4mf.com*
*98840-76737*
Renting Vs Owning view.
1) Assume *Chennai ADYAR* for example @16000 per Sq Feet.
2) An assumption of *3.2 crores at cost*, You can get for Rent at *55,000 per month*, per year *Rs 6,60,000*
3) Current Liquid Funds Returns today @ *6.2%*, you will get Monthly *1.65 lakhs*, Annually *20 lakhs approx*
4) Even at *4%* Returns, You will get Monthly *1 lakh*, Annually *12.80 lakhs*
No property tax, No Maintenance cost, No Repair work, No Headaches. More importantly, you can change if you don't like & *Move like Hanuman wherever you prefer*
This is my view & It is only for people owning more than one house
Source- Today's Times of India, Property times
Vijayakumar. N
Managing Director
*www.click4mf.com*
*98840-76737*
No comments:
Post a Comment