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Fatehabad Road, Agra 282001
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The Airbnb case you've laid out is mathematically compelling. My sister runs a guesthouse on Fatehabad Road and confirms the occupancy and rate levels you mentioned. Quality apartments near Taj are consistently in demand because the hotel options at this proximity are expensive and some tourists prefer the apartment experience for groups or families.
Before committing to the short-term rental strategy, research the Agra municipal regulations on commercial use of residential apartments. The tourist zone proximity sometimes attracts stricter oversight and some housing societies have rules against Airbnb-type letting. Verify both the legal framework and any society bylaws before pricing in this yield.
The local developer risk you mentioned is real and important. For a passive buy-and-forget investment I would want a developer with stronger credentials. But if you're willing to verify title carefully and monitor construction, the location logic is hard to argue with. No other Agra location can claim 3 km to the Taj with this price point.