Question

How to calculate lease amount for house in chennai?

Answer 1

Answer:

To calculate a GRM, divide the property's price by its yearly rent- for example, an Rs. 6000000 house that rents for Rs.15,000 a month would have a GRM of 33.3, which is derived by dividing the Rs.180000 in annual rent into the Rs.6000000 price.

Explanation:

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