With the cost of living touching sky high now, who doesn`t like to get a second income?
Plot buyers in cities like Chennai, Coimbatore and Trichy etc have now got a reason to rejoice. It was brought out by a plot promoter Gsquare that the buyers in these cities would be assured of rental income. This is the very first time such an announcement has been made in the Indian real estate sector..
For the premium residential villa plots that ranges from Rs 30 lakhs to Rs 4 crores for the initial 12 months after purchase, the scheme would offer assured rental income on selective plot purchases that goes till Rs 75000 per month in Chennai, up to Rs 15000 per month in Trichy and up to Rs 4lakhs per month in Coimbatore.
It was mentioned by Mr.N. Eshwar, chief executive officer of Gsquare Realtors Private Ltd that the people were aware of assured rental income for the apartments but this is the first time assured rental income has been announced for buying plots itself. He added that by this announcement GSquare have become pioneers of implementing this sensational new plan in the new age real estate development.
It is noteworthy that this offer announced by Gsquare is deepavali gift to the potential buyers of plots. It would be applicable to eight gated plot communities in Chennai, 5 gated plot community projects in Coimbatore and selective projects in Trichy etc inside prime locations of the cities.
The good news is that many buyers have now started to enquire about this new plan announced by Gsquare and the offer might also be extended to help the buyers. It must be taken into account that the notable properties on which the offer is applicable would be Gsquare Green Valley Gsquare Manchester in Coimbatore, Gsquare Orchid Ville, Gsquare Northern Ally in Chennai etc.