The largest commercial building in Shamshabad. If you invest Rs.36 lakhs, we will pay Rs.54,000 as rent every month.
A prime commercial building in Sadashivapet. Upon investing Rs.30 lakh, you will get Rs.25,000 per month as rent.
These are the promises being made by some tricksters who are trying to deceive people to collect money, even before preparing plans for building apartments. They are bombarding the social media with attractive advertisements under one prelaunch scheme or another. They are promising lower prices, terming it as a golden opportunity for people and they are taking away the hard-earned money from people.
Further, another kind of scamsters also have entered the realty market. Rent guarantee in commercial complexes is being offered to buyers. Shamshabad is not yet developed and the required infrastructure to live there is also not ready. But these builders are offering to develop a world-class commercial complex in such an area. If someone invests Rs.36 lakh in it, they are offering to pay rent every month. Several commercial buildings on the main roads of the city are seen empty without tenants for the last few months. The owners of the buildings and those who invest in them are facing various difficulties as tenants are not coming in. Under these circumstances, people should not believe those promising rent every month in commercial structures somewhere in Shamshabad or Sadashivapet. Here are the few things you need to keep in mind.
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