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Smart new models that can help you max the rental income from your house

We look at co-living and AirBnB versus traditional letting out models to suggest how to best exploit your property

Housing
Housing

Rental yields in India’s residential real estate market are among the lowest globally. The average is about 2-3 per cent, which means if you have a house that costs Rs 50 lakh, the monthly rental you can expect is between Rs 9,000 and Rs 12,500. But in the past few years, newer models — such as co-living and renting to travellers — have emerged that have the potential to offer property owners higher returns. “The new models, especially co-living, have the capacity to push the effective rental yield to 8 per cent, up from the average of 3 per cent in direct ...