“The purchase in Dubai, a rental in Delhi”: Discussions, then if that is a smart penetration or a risky bet.

With the high real estate prices in Delhi, the ownership of homes feel an arduous battle, some investors explore unconventional strategies to balance the financial and emotional needs. One of these investors, published on Reddit, has created a plan: purchasing a property in Dubai, renting it, and using revenues to pay the rent in India – “owning” a home mainly without buying a house directly in Delhi.

The investor wrote: “Delhi real estate rates are so high that I stopped the entire process,” the investor wrote. “I can pay in advance, but at 5-7 rupees, the value looks for the money very bad.”

Instead, a relative suggested investing in Dubai, where real estate prices are often lower and high rental revenues. The numbers appear to support the idea. The investor defines a plan to buy 5 rupees (2.2 meters) in Dubai, which would qualify them for a golden visa in the Emirates and resulted in an estimated 5-8 % of rental revenues.

After taxes, this translates into $ 1.7-2.56 per month-for example to cover the rent for similar property in Delhi ($ 1.05 per cde) while leaving excess.

“If the numbers succeed, I will have a property in Dubai, pay a rental payment in Delhi, and you still have $ 1-1.5 for a cde,” I explained.

But is this strategy guaranteed? Most of the warriors who participate in the discussion seem to agree. One user said you will own it (Villa), including 100 % land, digitally recorded with 0 % taxes. New villas come with one year warranty and a 25 -year -to -insulation guarantee. Reooring the villa is very cheap. I can build a new floor for about 130,000 dirhams. ”