Rental Income Building For Sale in RT Nagar – Bhuwaneshwari Nagar Bangalore

Rental Income Building For Sale in RT Nagar

Prime Residential Investment Opportunity

A well-maintained 9 BHK rental income building is available for sale in Bhuwaneshwari Nagar, RT Nagar Post, Bengaluru. This property is an attractive opportunity for investors and buyers looking for a residential building with an established rental income stream.

Situated on a 1,200 sq. ft. plot with approximately 2,450 sq. ft. of built-up area, the property is developed across G+3 floors and offers multiple residential units. The existing configuration makes it suitable for buyers seeking regular rental returns while also owning a property in an established residential neighborhood.

The property is approximately 10 years old and is currently occupied, with an existing rental income of around ₹70,000 per month. The asking price is ₹2 crore, and the seller has indicated that the price is negotiable.

Property Overview

The building is designed primarily as a rental income property, with multiple 1 BHK, 2 BHK, and room units distributed across the different floors. This configuration provides the advantage of having several independent rental units within a single property.

The property has an east-facing site and entrance door, which may appeal to buyers who prefer east-facing properties. It is an E-Khata property, and prospective purchasers are advised to independently verify the khata, title, tax records, building approvals, and other relevant documentation before completing the transaction.

With multiple residential units, nine bedrooms, nine bathrooms, and three balconies, the property provides considerable accommodation potential while maintaining its primary purpose as a rental-generating asset.

Detailed Floor Configuration

The property consists of Ground + 3 Floors (G+3) and has been planned with multiple units.

Ground Floor

The ground floor consists of three 1 BHK units. Having three separate units on the ground floor can provide flexibility in tenant management and rental distribution.

Individual 1 BHK units are often suitable for small families, working professionals, couples, or individuals seeking compact residential accommodation. The presence of multiple units on one floor allows the property owner to generate rental income from different tenants.

First Floor

The first floor includes two 1 BHK units and one 2 BHK unit. This combination offers a mix of compact and larger residential accommodation.

The 1 BHK units can cater to tenants looking for economical housing, while the 2 BHK unit can potentially attract families seeking additional living and bedroom space. Having different configurations within the same building can help broaden the potential tenant base.

Second Floor

The second floor consists of one 2 BHK unit. A 2 BHK configuration can be particularly suitable for families who require separate bedrooms and a more spacious living arrangement.

This unit adds variety to the property’s rental portfolio and can potentially support stable family-oriented tenancy, subject to local rental demand and market conditions.

Third Floor

The third floor consists of one room, providing an additional space within the building. Depending on the applicable building permissions and existing layout, this space may serve a variety of residential purposes.

Buyers should inspect the floor plan and verify the approved building configuration before making any purchase decision.

Strong Rental Income Potential

The primary highlight of this property is its existing rental income of approximately ₹70,000 per month. Since the property is currently occupied, an investor may benefit from an established rental arrangement, subject to verification of the individual tenancy agreements and terms.

At ₹70,000 per month, the stated gross rental income works out to approximately ₹8.4 lakh per year. Actual net returns will depend on property maintenance, vacancies, taxes, repairs, utility arrangements, tenant agreements, and other expenses.

For an investor, an existing rental income can be an important advantage compared with purchasing a vacant property and waiting to find tenants. Interested buyers should review rent receipts, lease agreements, deposits, tenant details, and the property’s historical rental records as part of their due diligence.

Spacious Multi-Unit Residential Building

The property offers approximately 2,450 sq. ft. of built-up area on a 1,200 sq. ft. plot. Its multi-floor design allows the available land area to be utilized for multiple residential units.

With a total configuration described as 9 BHK, the building provides substantial accommodation across the different floors. The property also has nine bathrooms and three balconies, adding convenience for occupants.

The multiple-unit arrangement makes this property particularly relevant for buyers who are prioritizing rental income rather than purchasing a conventional single-family residence.

East-Facing Property

Both the site and door are east-facing, which can be an important preference for many residential property buyers. The orientation also provides a straightforward point of reference when planning future usage or evaluating the property.

Prospective buyers should visit the property in person to assess natural light, ventilation, access, neighborhood surroundings, road width, and the practical orientation of individual units.

E-Khata Property

The property is stated to have E-Khata documentation. Khata and property records are important aspects of any real estate transaction in Bengaluru.

Buyers should verify the original E-Khata documents and cross-check the property details with the relevant authorities. A qualified property lawyer can also assist with title verification, encumbrance checks, previous sale deeds, tax receipts, sanctioned plans, construction approvals, and other legal documentation.

Water and Other Amenities

The property has a Cauvery water connection, which is a significant residential amenity for tenants and occupants. Reliable water availability is an important consideration for a multi-unit rental property because several households may be using the building simultaneously.

The property is described as semi-furnished, offering a practical middle ground between a fully furnished and completely unfurnished building. The exact fixtures, fittings, electrical appliances, furniture, and other items included in the sale should be confirmed during the site inspection and transaction.

Parking is listed as not available, so buyers should consider the surrounding parking situation and assess whether tenants have convenient access to street or nearby parking facilities.

Property Age and Condition

The building is approximately 10 years old. A property of this age should be evaluated carefully for structural condition, plumbing, electrical systems, waterproofing, flooring, paintwork, sanitary fittings, and other maintenance requirements.

Because the property is currently occupied, buyers should coordinate with the seller regarding access to all units during inspection. It is advisable to inspect common areas as well as individual rental units before finalizing the purchase.

Investment Opportunity in RT Nagar

Bhuwaneshwari Nagar, RT Nagar Post, is a residential location that can appeal to buyers seeking established neighborhoods in Bengaluru. A multi-unit rental property in such an area can provide an opportunity to combine property ownership with recurring rental income.

For investors, the key attraction is the existing rental yield and diversified tenant arrangement. Instead of depending on a single tenant, multiple units can potentially distribute vacancy risk, although actual occupancy and rental performance can vary over time.

Price and Negotiation

The quoted price for the property is ₹2 crore. The price is stated to be negotiable, giving interested buyers an opportunity to discuss the final transaction value with the seller.

Before negotiating, buyers should evaluate the property’s existing rental income, building condition, location, documentation, construction quality, and prevailing market prices for comparable properties in the surrounding area.

It is also important to budget separately for stamp duty, registration charges, legal verification, taxes, brokerage if applicable, and any renovation or maintenance expenses.

Key Property Highlights

• Location: Bhuwaneshwari Nagar, RT Nagar Post
• Property Type: Rental Income Building
• Plot Area: 1,200 sq. ft.
• Built-up Area: 2,450 sq. ft.
• Configuration: G+3
• Total: 9 BHK
• Bathrooms: 9
• Balconies: 3
• Facing: East-facing site and door
• Khata: E-Khata
• Property Age: Approximately 10 years
• Water: Cauvery
• Parking: Not specified/available
• Furnishing: Semi-furnished
• Occupancy: Occupied
• Rental Income: Approximately ₹70,000 per month
• Price: ₹2 crore
• Price: Negotiable
• Visit Timing: Anytime

Conclusion

This 9 BHK rental income building in Bhuwaneshwari Nagar, RT Nagar Post can be an attractive proposition for buyers seeking an investment property with an existing income stream. Its 1,200 sq. ft. plot, approximately 2,450 sq. ft. built-up area, G+3 structure, multiple residential units, east-facing orientation, E-Khata status, Cauvery water connection, and existing rental income of approximately ₹70,000 per month make it worth considering.

The property is currently occupied and semi-furnished, allowing potential investors to evaluate an already functioning rental setup. With a quoted price of ₹2 crore and a negotiable deal, serious buyers can arrange a site visit at a convenient time.

Before proceeding, buyers should conduct complete legal, financial, and technical due diligence, verify the rental agreements and actual income, confirm the sanctioned building plan and floor configuration, and ensure that all property documents are in order. For investors focused on Bengaluru residential rental assets, this property offers the potential combination of multiple rental units and long-term property ownership in an established locality.