Renting out property is gaining attention!
With this kind of fluctuation in realty market, the real estate developers in Bangalore city no longer interested on selling their residential or commercial properties.
The rising interest rates, property rates; the real estate developers say that they have learnt a big lesson from witnessing loss and profits.
The only path they find workable is to rent out their properties. This is sure to bring in stable rental income either from commercial or residential properties.
Even the Prestige group is expecting annual rental income of Rs 200 crore to Rs 500 crores with its new upcoming projects.
Bangalore, Commercial properties, Fluctuation in realty market, Loss and profits, Prestige Group, Property rates, Real Estate Developers, Realty market, Rent out, Residential properties, Rising interest rates, Stable rental income
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