If someone purchases a plot of 120 sq.yards at a price of Rs 20,000 per sq.yard it would cust a total of Rs 24 lakhs. Against this, the companies are offering rent upto Rs 18,000 per month. They are also promising to increase the rent by five percent for every five years. However, the buyers should take a final decision after estimating how much money can be invested in the commercial complex in that area, what is the market rate and the price offered by the developer, and how much rent can be collected every month realistically. Otherwise, there is no risk of losing everything.
Some companies are collecting money from customers who want to buy space in commercial complexes on a per sqyare yard basis and offering to pay monthly rent. For example, in Nakkala Gutta of Warangal, a company is luring buyers by promising that they will developing a commercial complex where on purchase of 100 sq.yards space at a price of Rs 18,000 per sq.yard, the buyer will receive a guaranteed rent of Rs 112.50 per sq.yard per month. Do not be fooled by such fraudulent schemes that are started by some organisations with the sole aim of cheating people.
A final decision on such schemes should be taken only after carefully considering every aspect. If you want to invest in commercial complexes, invest in buildings built by reputed companies with a good track record. Also choose the ones that have all the permissions. Buy from a builder who is known to deliver the property within the stipulated time frame. Under no circumstances, one should not choose the builders who flee overnight. If you are cheated after investing money in such projects without proper permissions, even organisations like Telangana RERA Authority will not come forward to your rescue. So, you are solely responsible for safety of your money.