Rental Income Building For Sale in Ashirvad Colony-Horamavu

1. Property Overview

Discover an excellent real estate investment opportunity with this independent rental income building located in Ashirvad Colony, Horamavu, Bangalore. This G+2 residential property is ideal for investors looking for a ready rental income-generating asset in a well-established residential locality. With a total of 12 BHK units and 12 bathrooms, the building offers considerable potential for rental income and long-term property appreciation.

The property is situated on a 1,200 sq. ft. plot and features a total built-up area of approximately 3,600 sq. ft. Designed to accommodate multiple residential occupants, this independent building is suitable for investors interested in earning regular rental income without the initial effort of developing a property from the ground up.

The property is currently occupied and generates an approximate monthly rental income of ₹80,000, making it an attractive option for buyers seeking an income-producing residential asset in Horamavu.

Property Highlights:

• Property Type: Independent Rental Income Building
• Location: Ashirvad Colony, Horamavu, Bangalore
• Plot Area: 1,200 sq. ft.
• Built-up Area: 3,600 sq. ft.
• Structure: Ground + 2 Floors
• Configuration: 12 BHK
• Bathrooms: 12
• Balconies: 2
• Facing: East-facing site and entrance
• Property Age: Approximately 12 years
• Khata: B-Khata
• Water Supply: Borewell
• Furnishing: Unfurnished
• Occupancy Status: Occupied
• Monthly Rental Income: Approximately ₹80,000
• Expected Price: ₹1.95 Crore
• Price Negotiability: Negotiable

2. Prime Residential Location – Ashirvad Colony, Horamavu

Ashirvad Colony in Horamavu is a residential location in Bengaluru that appeals to homebuyers, working professionals, families, and property investors. The locality offers an established residential environment with access to everyday conveniences and connectivity to other parts of the city.

Horamavu has developed into a sought-after residential area for people looking for housing options outside the more congested central parts of Bengaluru. Its residential surroundings and access to local markets, shops, educational institutions, healthcare facilities, and public transport make it a practical choice for tenants seeking convenient everyday living.

The property’s location can be an advantage for investors targeting long-term residential rental demand. Depending on the specific tenant profile and prevailing local market conditions, a multi-unit building can attract different categories of occupants, including families, working professionals, and individuals seeking independent accommodation.

For buyers looking to invest in Bengaluru real estate, a property in an established residential neighbourhood offers an opportunity to combine rental earnings with potential long-term capital appreciation. Buyers are encouraged to assess the property’s exact connectivity, nearby amenities, and current rental demand during a site visit.

3. Spacious G+2 Independent Building

This independent residential building is constructed across three levels, comprising the ground floor and two upper floors. With a total built-up area of approximately 3,600 sq. ft., the property provides space for a multi-unit residential arrangement.

The 12 BHK configuration and 12 bathrooms make the building suitable for rental-oriented residential use, subject to the existing approved layout and applicable building regulations. Such a configuration can be particularly attractive to investors who prefer a property designed to serve multiple tenants rather than a single household.

The building’s layout, room dimensions, ventilation, common areas, access arrangements, and utility provisions should be inspected to understand the full potential of the property. Prospective buyers should also verify the number of legally approved residential units and confirm that the current use complies with the relevant permissions.

With a built-up area of 3,600 sq. ft. on a 1,200 sq. ft. plot, the property offers a compact, multi-level residential structure that focuses on rental utilisation.

4. Attractive Rental Income of ₹80,000 Per Month

One of the key highlights of this property is its reported monthly rental income of approximately ₹80,000. For investors seeking a property with an existing income stream, this can be an appealing alternative to purchasing vacant land or constructing a new rental building.

At the stated rental income, the property generates approximately ₹9.6 lakh in gross rental income annually, assuming the current monthly income continues throughout the year without vacancy or interruption.

At the quoted price of ₹1.95 crore, the indicative gross rental yield is approximately 4.92% per annum. This figure is calculated before accounting for maintenance, repairs, property taxes, insurance, vacancy periods, management costs, and other applicable expenses.

The existing occupancy may offer a smoother transition for a buyer who intends to continue the property’s rental operations. However, prospective purchasers should verify the actual rent collected, tenant agreements, security deposits, payment history, and any outstanding dues before completing the transaction.

The building’s rental performance may also be influenced by tenant turnover, property maintenance, local rental demand, and the condition of individual units.

5. East-Facing Property

The property features an east-facing site and entrance, an aspect that some buyers specifically prefer when selecting residential real estate.

For many homebuyers and investors, facing direction is an important consideration when comparing properties. The building’s east-facing orientation may broaden its appeal to prospective purchasers who include directional preferences in their property search.

Buyers should confirm the exact orientation of the site and main entrance during inspection and compare the layout with their personal requirements.

6. Water Supply and Residential Convenience

The property has a borewell water supply, which serves as its stated water source. Water availability is an important consideration for a multi-unit residential building, particularly one accommodating several tenants.

Prospective buyers should check the borewell’s current functioning, water availability across seasons, pumping arrangements, storage capacity, and the condition of the plumbing system. It is also advisable to inspect electrical connections, drainage, common areas, and other essential services to assess the property’s overall operational condition.

The building is offered unfurnished, allowing the next owner to evaluate the existing interiors and make improvements according to the intended rental strategy and budget.

7. Property Age and Documentation

The building is approximately 12 years old. Its existing construction and rental history may be useful to buyers who prefer an established property over a newly developed project.

The property has a B-Khata classification. Buyers should pay particular attention to this aspect before making a financial commitment. A B-Khata entry should not be treated as equivalent to complete confirmation of title, sanctioned construction, or all necessary approvals.

It is recommended that prospective purchasers obtain independent legal advice and verify the title chain, encumbrance certificate, khata records, property tax receipts, sanctioned building plan, applicable building approvals, and the property’s compliance with relevant local regulations. Buyers should also confirm the availability and eligibility of registration, financing, and other transactions based on the property’s documentation.

A thorough legal and technical review can help buyers understand the property’s status and any additional requirements before proceeding.

8. Ideal Investment Opportunity

This independent rental income building may suit real estate investors, landlords, and buyers seeking a residential asset with existing tenants and reported recurring rental earnings.

The 12 BHK configuration provides a multi-room rental setup, while the G+2 structure makes use of the available plot area. The property’s existing rental income may appeal to purchasers who wish to evaluate income potential from the beginning of ownership.

Investors should consider the property’s condition, current lease arrangements, recurring expenses, documentation, and future maintenance requirements when estimating its net returns. Any plans for renovation, restructuring, or changes in occupancy should be assessed against applicable permissions and local regulations.

9. Price and Sale Details

The property is offered at an expected price of ₹1.95 Crore, and the price is negotiable. Interested buyers can evaluate the asking price in relation to the current rental income, construction condition, land value, location, and legal documentation.

A site inspection and review of the existing tenancy arrangements are recommended before making an offer. Buyers should independently verify all property measurements, financial figures, and documents.

10. Conclusion

This independent rental income building in Ashirvad Colony, Horamavu, Bengaluru, presents an opportunity for buyers seeking an established residential investment with reported monthly rental earnings of ₹80,000. With a 1,200 sq. ft. plot, approximately 3,600 sq. ft. of built-up area, a G+2 structure, and a 12 BHK configuration, the property offers a multi-unit residential format suited to rental-focused ownership.

Priced at ₹1.95 Crore and open to negotiation, the building may be worth considering for investors who prioritise existing rental income and long-term ownership potential. Interested buyers should arrange an inspection, verify rental records, and complete the necessary legal and technical due diligence, particularly concerning the B-Khata classification and approved building details, before finalising the purchase.

Contact the property representative to enquire about the building, arrange a site visit, and discuss the negotiable asking price and existing rental arrangements.