Many people invest in a property with an idea of rental income in the future. It may not be a primary reason, but at the same time, you cannot take away that. But we cannot decide the amount of rent we charge for our property investment. Below are some guidelines let us follow:

Nowadays people buy property with an expectation of returns to their investment from rents. It became familiar to homeowners to rent their assets, but owners find it difficult to decide right rentals. If the rental is high, people may not come forward, and similarly, if the rental charges are small, they may suspect some Vaastu problem.  So we have to follow some tricks to attract tenants to receive right returns to our property investment.

Guidelines to earn rental income

1. Experts point out that residential rental yields around 2.5 per cent to 3.5 per cent, in most places across the country. Based on the construction quality and amenities, tax payment on the property and principal repayment, it should be 3.5 percent.

2. With additional investment such as furnishings and attractive interiors, it may result in high rents.

3. Instead of constructing large rooms with 2BHK, it's better to make it as small 3BHK it will even satisfy large and joint family members thereby we can get better rents with best tenants.

4. Maintaining reasonable amenities for the comfort of its residents may result in high rent.

5. Select right local area broker so he can explain property benefits with affordable price and vacancy period.

Based on the demand of rent in the society sometimes we can get higher rents or lower rents.

--Shailaja K