‘Buying in Dubai, renting in Delhi’: Reddit post debates if its a smart housing hack or a risky bet

Delhi’s Skyrocketing real estate prices demand a household, as if some investors study unusual strategies to balance financial and emotional needs. Such an investor, placing the transformation, developed a plan. Buy property in Dubai, rent it and use rent rent in India, in fact, “home” without direct acquisition in Delhi.

“Delhi’s property’s pace is so stupid that I was disconnected throughout the process,” the investor wrote. “I can afford to pay ahead, but in 5-7 Crore, the value of money seems too poor.”

Instead, the relative offer proposed in Dubai, where property prices are often lower and lease brings higher, reports the message. Numbers appear to support the idea. The investor outlines the plan to buy property A ₹ 5 Crore (AED 2.2M), which will provide them for the UAE gold visa and will provide 5-8% of income income income.

This after the tax, this is translated for 1.7-2,56 lakhs for a month to cover the rent of similar property (₹ 1.05 lakh).

“If the numbers are developed, I will have property in Dubai, I will pay my rent in Delhi and still remained 1-1.5 lakhs,” he explained.

But is this strategy foolish? Most of the transformations involved in the discussion seem to agree. “You will have it (villa), including 100%, digitally registered 0% taxes. The new villas come with a 1 year warranty and a warranty for 25 years. ” “Vehicles are cheap, EVS is encouraged recently, we recently installed the EV charger and plan to install solar. Refill and Villa service is quite cheap.