Investing to generate returns through rentals

[RooneyYoung]

Rental housing is predominantly an urban phenomenon, as the proportion of households living in rental housing in urban areas is far greater than that in the rural areas especially in the district of Ernakulam in Kerala. This is seen from the national census data for the years 1961, 1971 and 1981. During the period 1961-81, the percentage of urban households living in rented houses declined from 53.73 to 46.39, although in individual states like Andhra Pradesh and Himachal Pradesh, the proportion increased to some extent. The actual proportion of households in rented housing ranges across the states from 18.91 percent in Kerala to 79.17 percent in Uttar Pradesh. The relatively large percentage of households opting for rented premises in some states may be explained partly in terms of the presence of an increasing number of cities getting larger due to its continuous expansion.

The proportion of tenant households is much higher in metropolitan cities than in the smaller cities and towns. Within the metropolitan cities themselves, the proportion of tenant households varies from 30 percent in Lucknow to 76.20 in Kolkota. There is a continuous decline in the percentage of households living in rental housing in the larger cities.

Despite the decreasing proportion of tenancy tenure, rental housing continues to be a significant feature of the housing situation in India. The total number of households residing in rented houses increased by 7.32 percent over the period 1971-81. The thirty-first round of the National Sample Survey (1976-77) concluded that 48.65 percent of slum households resided in rented houses in million plus cities.

For most investors investing in Real Estate Ernakulam district is an attraction mainly due to its proximity to the international airport and the large harbor. Owners of built up spaces and huge houses now rent out their premises at high rentals to people coming to the city to set up a business and for other needs.

[STEVE G]

Do you want me to rent a house in India?

[lomuamart]

Not of much interest for Thailand or Hua Hin. Thread locked.