SDPL Classic, Chinchbhuvan located just 500 meters off Wardha Road is a great opportunity for investors. These flats has already been rented out with a lock-in of 5 years. This scheme is ideal for a person who is looking for a fixed rental income and someone who has a capital gain and looking for saving income tax. The Investor will get rent for the next 5 years without any hassle of maintaining the flat. There will be no need to pay society maintenance, electricity bills and water bills.
As these flats are already pre-rented, the investor will not have to go through the process of finding tenants or dealing with them. The Monthly rent ranges between Rs 33,500 to Rs 80,000 depending on the flat size. For the convenience of investors these flats has been already furnished. The flats has upgraded specifications like entire flat marble flooring, garden – developed on terrace level, automatic lifts backed up by a generator.
The scheme has been sanctioned by NMC and the Occupancy Certificate has also been received. Apart from this, the eligible buyers can also avail subsidy under Pradhan Mantri Awas Yojana upto Rs 2.67 lakhs on taking a home loan. The Interest and Principal portion paid on the home loan EMI may also be claimed as deduction under various provisions of Income Tax. Home loan is available from all leading banks and financial institutions. For more details interested may contact Prajakta on mobile number: 98232-64348, informs a press release issued here.
