Have you been on keen buying or turning an existing residential property into a commercial property with the hope of earning a better yield? Gulam Zia, Senior Executive Director of Knight Frank India warns viewers against such a move. He says, “Changing the usage of the property is froth with dangers. The moment you get into commercial utility, your cash outflow will change and if you don’t do the due diligence you will have to face authorities.” Having said that, does any kind of real estate exposure suit one’s portfolio at all? If yes, then by how much% of your portfolio should be part of the real estate? Get your questions answered in today’s episode of The ET Money Show as we deep dive in to the real estate investments with Gulam Zia and Amit Kukreja, Founder of Amit Kukreja Advisory.
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