Having a reliable source of income is an important achievement in life. While there are many ways to generate income, it is advisable to explore options that are readily available in the market. Real estate is consistently recommended as a viable option on numerous lists online. Investing in real estate is considered a lifelong source of income that can benefit you and your family for years.
However, like any investment opportunity, real estate also carries a high risk. Fortunately, there are now options available that promise a return through schemes such as the Bank SWP and professional companies that manage your rental income and portfolio to secure your assets and provide regular returns for a lifetime.
When it comes to real estate investment, location plays a crucial role in determining the appreciation of the asset. One appealing location is Central Delhi, as it is the ultimate economic hub of the country.
The Delhi Mall is a mixed-use development located in the heart of Central West Delhi near Patel Nagar and Pusa Road. It is one of the most popular commercial buildings in the National Capital Region. The mall is strategically located near key attractions such as Rashtrapati Bhavan, Connaught Place, India Gate, Chanakyapuri, and Karol Bagh.
Investors benefit from the high visibility and footfall generated by the surrounding catchment areas. Residential areas such as Punjabi Bagh, Kirti Nagar, Rajinder Nagar, Patel Nagar, Naraina Vihar, Moti Nagar, Karam Pura, Hari Nagar, Rajouri Garden, Ramesh Nagar, Shalimar Bagh, and Ashok Vihar are all in close proximity to The Delhi Mall. This makes it an attractive destination for shopping, entertainment, and investment opportunities.
Many national and international brands have already signed lease agreements with the developer of The Delhi Mall. INOX, a leading multiplex chain, has signed a deal at Rs.235/- per sq. ft for 9 screens, which is one of the most expensive deals for any mall in North East Asia. Other notable brands include Haldiram, Barista, Shoppers Stop, and Tumble House. The developer is also in talks with global commercial real estate service agencies such as JLL, Cushman, and Colliers for zoning, tenant rental management, and maintenance.
Santhosh Kumar, Vice Chairman of Anarock, highlights the increasing rental rates in operational malls in the Delhi/NCR region. The rental rates range from Rs. 350 per sq. ft to Rs. 1000 per sq. ft in malls such as Select City, DLF Promenade, Ambience- Vasant Kunj, Pacific Mall, and Vegas. This surge in rental values is due to the lack of quality malls in Delhi.
The demand for premium space from international and domestic brands, as well as online retailers establishing offline stores, has contributed to the skyrocketing rental prices in these malls.
Overall, investing in real estate, particularly in promising locations like The Delhi Mall in Central Delhi, can provide a double income opportunity. By securing a dependable source of rental income and property appreciation, investors can enjoy long-term financial benefits.
Are you interested in doubling your income? Well, The Delhi Mall offers an excellent opportunity for investors to do just that. By purchasing space in this mall, you can start receiving income from day one through the Systematic Withdrawal Plan (SWP) offered by the bank. This monthly income agreement is signed directly between the investor and the bank portfolio, eliminating the need to rely on the developer for returns. This makes it a highly secure investment option.
Under the SWP managed by the bank, the portfolio manager will ensure the consistent and secure return of your account, with payments made monthly. This means that you or your nominee can start generating immediate income. The minimum investment required is Rs.50 lakhs, with a maximum investment of Rs.15 crore.
What sets The Delhi Mall apart is that bookings are made under a RERA registered project, which allows investors to benefit from income from two sources. According to the Raheja Group, you can expect to earn approximately 24% returns through the SWP of the bank (an average of 12% per annum for 2 years leading up to possession) and 36% returns (an average of 9% per annum) for 4 years after possession. These returns are also protected by the bank’s Systematic Withdrawal plan.
But that’s not all. In addition to the SWP, you will also receive actual rent from established brands through professional or multinational IPC, based on the earnings of your commercial real estate asset in The Delhi Mall. The rents in Delhi Commercial Malls are known to be higher compared to Noida and Gurgaon.
All in all, investing in The Delhi Mall provides a unique opportunity to not only receive a double income but also enjoy the security and potential returns from a RERA registered project and the high rental rates in Delhi’s commercial market.