
Any insights on how much it would cost?
So, we have a 300 gaj old property in a Tier 3 city in Haryana, which I am planning to demolish and build a PG since there's good demand in this area, and it will surely keep on growing in the future. It will be a good source of passive income. I shall be taking a loan for capital requirements and thus need your insights on the budget needed to check the financial feasibility of this project. Here are some key details:
City: Sonipat, Haryana
Area: 300 gaj (2700 sqft.)
Floors desired: Ground Parking + 4 Floors
Could you share insights on:
- What budget are we looking at?
And, any existing PG owners wanting to share some insights on this business are welcome!
Edit: This is a random reference image I found on the internet.