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Want to open PG or hostel in Delhi/NCR? Expert told how much will be the cost and strong formula of earning

Want to open PG or hostel in Delhi/NCR? Expert told how much will be the cost and strong formula of earning
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Real Estate Investment: There are many ways to earn money in real estate. According to an expert, without much investment, you can earn up to ₹ 1.8–4 lakh per month from PG or Hostel in Delhi-NCR. For this, the most important thing is your location and facilities in PG. If we talk about cost, it involves expenditure on interior, furnishing and compliance.

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Real Estate Investment Tips: Apart from gold and silver, many people also consider property as a good investment option. They buy a flat or a property keeping the income in mind but many times they do not understand how to earn profit from the property. Apart from flats, property developers in Delhi-NCR are now also busy in building PGs and hostels because this can generate maximum income. Most of the youth who work or study come to this city and in such a situation it is very difficult to get the right PG. You can easily get a PG or hostel built in Delhi NCR at a low cost. An expert has told the formula for huge earning by investing by building a PG/Hostel on the property.

You can earn up to ₹ 1.8-3.5 lakh per month by making a bet at the right time to get a PG made in Delhi/NCR and without much investment. For this, it is important to know the expenses on interior, furnishing and compliance. That means everything is in your hands. Gunjan Goyal, Director of Goyal Ganga Developments says that a well-designed PG or hostel in Delhi-NCR can become a stable income generating asset.

Told a strong formula for earning

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Gunjan Goyal said developers spend around ₹8,000–12,000 per bed on interiors, furnishing and compliance, bringing the total cost of a mid-sized property to ₹15–35 lakh. Earnings depend on rental rates, which range from ₹6,000–12,000 per bed. Properties near colleges, IT hubs and metro corridors offer faster returns and maintain high occupancy.

Keshav Mangala, GM – Business Development, ForteAsia Realty has said that as a developer, we see that starting a small PG or hostel with 20–30 beds in Delhi-NCR usually requires an investment of ₹ 18–40 lakh, depending on the location and facilities. Properties near metro stations or universities naturally cost more. However, the possibility of monthly income is strong.

Earn lakhs of rupees every month

How much it will cost to build a PG and hostel and how much will be earned also depends on the location. According to Keshav Mangala, ₹ 2–4 lakh per month can be earned if there is continuous occupancy. In today’s times, tenants prefer a safe, clean and branded living experience, hence professional management makes this model more successful. Even if your income is less, you can sell this property or remove the PG and open a hotel at that place. Gunjan Goyal has told that PG operators can earn up to ₹ 1.8-3.5 lakh every month.

Tags: costdelhi ncr pg hostelDelhiNCRearningexpertformulahostelhow to build pg or hostel in delhi ncropenpg hostel investmentpg hostel investment in delhi ncrpropertyreal estate investmentstrongTold
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