Revanta is currently connected through an 80ft wide road to the GT Karnal Road and is directly linked with the upcoming 100m express way road that will originate from NH-1 and cut through NH-10, NH-8 and go up to NH-2. Once this road is ready, reaching South Delhi and Airport will just be a matter of a 20 minute drive. Revanta has been priced nominally at Rs 2600 per square feet keeping in line with the welfare needs. The price is comparatively lower than the property rates in Noida, Greater Noida etc and at the same time it is situated in Delhi that makes it the best property investment option for the investors.
1. Let’s face it! No matter how risky someone describes a real estate investment to be, every investor
wants to try his fortune. More often than not, real estate investors regret for not getting into the real
estate business sooner. So if you are actually considering investing in real estate or making a full or part
time career out of it, don’t think too much and start today. If you keep pushing the inevitable you may
be letting the big money you could make walk by you as you sit thinking about the pros and cons. Here
are some tips that will help you make sure that your investment is profitable.
1) There is always a better second chance
Keep a check to let your emotions stay away from your business. No matter how great the
investment deal may it be, even if it just went past you, there is probably another one waiting
for you. And the best part is, the second one is almost every time more profitable.
2) Maintenance costs are a reality
It is important that you keep maintenance costs in mind while you do your financial forecast on
a property. If you get lucky, you will spend a year without spending a rupee but it is always
advised to put aside a monthly budget for maintenance costs so it doesn’t bother you when you
come across a big maintenance expenditure.
3) Rent escalation is a big YES
Including even a small percentage of rent escalation in the agreement can help you go a long
way with you cash flow. Unless you see a hike in the other costs, a bottom line increase does not
bother the tenants as well.
4) Location of the property is a priority
Location is a key hole of the real estate investment industry, if you get it right then you make
the most out of your investment. A property with a good locality potential will be easy to rent or
sell compared to a property located in a remote zone. In Delhi, the new upcoming commercial
and residential apartments are launching in the P Zone of the city.
5) Nurture relationships
Relationships are the heart of the real estate investment. Maintaining a good relationship with
the bank, tenants, property dealer and even the plumber is going to take you a long way in the
game. If you are looking for folks to guide you with your investment, meet the Revanta Welfare
Society team. The management at Revanta has built a trail of experience in providing high class
yet low cost apartments in Delhi NCR to its members. Revanta Builders are building a project
Royal Town Heights which is located in the P2 zone in Delhi and can be visited to get a glimpse
of their maintenance and construction. You can visit their website for more details on the
project:
http://www.revantawelfaresociety.com/
Happy investing!