One should know well whether to invest in a commercial or residential property if aim is to set up a second income or an easy income. Property on rent has emerged as a new trend to address the sharp housing want not just in big cities but also in small cities. The operational cost coming on a tenant for residential rental housing is minimal while same for the commercial property is risky and very high. In a residential property, a tenant needs only basic and functional infrastructure.
On the other hand, a commercial property generally asks for high investments. Market changes and economy fluctuations greatly impacts commercial rental industry while the former has nothing to do with the residential property industry as this industry is not related with the economy and is completely regulated at user end.
Real estate has never been a bad investment in the capital of Uttarakhand and many landowners have smelled a clean profit which is a reason why apartment trend has flooded in here. The density of students and educational institutions is another reinforcing element to the real estate industry and especially to the rental property in Dehradun .
As everyone is pretty much aware of the fact that many young people and student migrate from hilly areas and other cities of India to Dehradun in search of better opportunities related to employment and education, people have chosen investment in real estate as a source of second income.
Say if you're eying for a safe investment, and if you're interested in putting your money in some immovable asset, then Dehradun and nearby cities can be on your list to consider. Many people inclined to do so are considering buying or constructing a property with the purpose of renting it out. There are many big universities and institutions in Dehradun who have their own Paying guests houses which are specially made for students of those colleges. Places such as Prem Nagar, Selaqui, Clement town,
and Mussoorie-diversion road are major areas with reputed institutions, and so they have hostels, and PGs around them where students and young people can easily find a room or an apartment or a house for rent in Dehradun. Families and working professionals can also look up for a room for rent in Dehradun in localities such as EC Road, Karanpur, Dalanwala, GMS Road, Ballupur chowk, Vasant Vihar, Patel Nagar, and Nehru Colony