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    Mumbai rental: ₹93,940,000 purchase and ₹437,300 monthly rent — sanity check

    The main constraint is that the rent needs to survive a weak year, not just make the purchase price look reasonable. This would be my first rental: a 5-bed new-build flat in Mumbai costing ₹93,940,000, with projected rent of ₹437,300 a month. On those figures the gross yield is about 5.6%. I...
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