Real estate industry is attractive among people from long time ago in terms of investment. In the present scenario Pre Leased property has emerged a wonderful tool of investment, let’s know how.
Pre leased property is the type of property which is already rented out or leased out. The lease or tenant may be banks, corporate office, warehouse, shops, showrooms, hotels, hostels and any property which is rented out to a good concern.
The motive behind this type of investment, one wants to earn a secure return on investment from the first day, this return generally very in between 5% to 8% per annum.
In today’s context many builders and developers also offers assured rental income from the first day to sale their commercial and residential projects i.e. office spaces, studio apartments, rooms and suits in resorts and showrooms.