The last two years have been dreadful for many. The pandemic uprooted lives, destroyed livelihoods and left an impact that would take possibly years for some to recover from. I was no different. During these very days in 2020, many of the employers realized that the lockdown situation was going to last for longer. Some fought valiantly to retain their employees by managing to pay their salaries. Many could not sustain the costs of retaining their employees due to complete shutdown of businesses.
I was amongst the unfortunate ones who lost their livelihood during the pandemic. I was working as an employee at a local industrial setup and was let go to minimize losses. The world seemed to come to a halt. I was barely able to survive the couple of months that followed burning through my savings.
Once things started opening back up and people started returning back to their places of work, I decided to rent one of the two rooms that I had under my possession in Panchkula on one of the famous B&B websites. It soon started to generate rental income for me, and I started saving what I was getting from it. But I was still looking for work because I thought that is the only mainstream income that I can seriously depend upon. And luckily I got one near to where I lived.
After almost a year, I came to know about Chester Hills flats through a newspaper advertisement. It struck as an amazing investment opportunity to me as I had experienced what a good property can generate in terms of rental. I got in touch with their sales representatives and got a pretty good deal for 2 units. Having made the down payment with my savings, I applied for a home loan for both units which again was sanctioned very quickly and conveniently as the project was pre-approved by almost all major banks.
The ROI that I was now able to generate of the said two units is really nice. After paying the installments, I was still able to save and earn for myself. This is when I decided to quit my job and make this my permanent occupation. And I can proudly say that I have not looked back.
At Chester Hills, it’s not just another Flats in Solan with an amazing view. Turns out, the ROI is even better! That’s my story. What’s yours?