5 BHK Rental Income Building For Sale in Jeevan Bhima Nagar
Investing in real estate that generates consistent rental income is one of the most reliable ways to build long-term wealth. This independent rental income building located in the highly desirable residential area of Jeevan Bhima Nagar, LIC Colony offers an excellent opportunity for both investors and homebuyers seeking steady returns. With a well-designed multi-floor layout, spacious built-up area, and a strong rental yield, this property stands out as a practical and profitable investment in one of Bangalore’s established neighborhoods.
Prime Location Advantage
Jeevan Bhima Nagar, located near LIC Colony, is a well-developed and sought-after residential locality known for its excellent connectivity and peaceful surroundings. The area is popular among working professionals and families due to its proximity to major IT hubs, commercial centers, educational institutions, and healthcare facilities. Residents enjoy easy access to Indiranagar, HAL, Old Airport Road, and other prominent parts of Bangalore.
The locality is well-served by public transportation, including BMTC bus routes and nearby metro connectivity options. In addition, the neighborhood features supermarkets, restaurants, banks, schools, parks, and daily convenience stores within walking distance. This strong infrastructure ensures continuous demand for rental properties, making it a preferred choice for property investors.
Property Overview
This independent rental income building is constructed on a plot measuring 15 x 63 feet, totaling approximately 900 square feet of land area. The property features a built-up area of approximately 2250 square feet spread across multiple levels. The building has been thoughtfully designed as a Ground plus Two Floor (G+2) structure to accommodate multiple rental units, maximizing rental income while maintaining comfortable living spaces.
The property is north-facing, which is considered highly favorable according to traditional architectural and vastu preferences. North-facing homes are believed to bring positive energy and good financial prospects, making them especially appealing to tenants and buyers alike.
Well-Planned Multi-Floor Layout
One of the major highlights of this property is its efficient and flexible layout that allows for multiple rental units within the same building. The structure is divided across three floors, each designed to serve different residential needs.
The ground floor consists of a spacious 1BHK unit along with a dedicated study room. This layout is ideal for small families, couples, or professionals who require an additional workspace for remote work or study. The inclusion of a study room adds functional value and makes the unit attractive to modern tenants.
The first floor features a comfortable 2BHK configuration along with an additional study room. This unit is perfect for families seeking larger living space with the flexibility of an extra room that can serve as a home office, guest room, or children’s study area.
The second floor is designed to accommodate two units – a 1BHK and a compact RK (Room Kitchen). These units are particularly suitable for working professionals, students, or single tenants who prefer affordable and compact accommodation in a prime location.
Altogether, the building offers a total configuration equivalent to a 5BHK property with five bathrooms and two balconies across the floors. This diversified unit layout ensures the property can attract tenants from different demographic segments, ensuring continuous occupancy.
Strong Rental Income Potential
This property is already occupied and generating a rental income of approximately ₹80,000 per month. For investors seeking immediate returns, this is a significant advantage as the building is already functioning as a rental income property. The presence of multiple units helps diversify rental sources and reduces dependency on a single tenant.
Properties in established residential areas like Jeevan Bhima Nagar consistently attract tenants due to their central location and access to essential services. With rental demand remaining strong in this region, investors can expect stable long-term income and potential appreciation in property value.
Property Features and Amenities
The building comes with five bathrooms distributed across the units, ensuring convenience for residents. There are also two balconies that allow natural light and ventilation into the living spaces, enhancing overall comfort.
The property is semi-furnished, which adds value for tenants while still allowing flexibility for them to customize their living space. Essential fittings and basic furnishings help attract tenants more quickly compared to completely unfurnished properties.
Water supply is provided through Cauvery water connection, which is considered a major advantage in Bangalore. Reliable water availability is a key factor tenants consider when selecting rental homes, and this property meets that requirement effectively.
Legal Status and Documentation
The property holds both A-Khata and E-Khata documentation, indicating that it complies with municipal property records and taxation standards. Proper documentation ensures smoother ownership transfer and greater transparency in real estate transactions.
For buyers seeking secure investments with clear legal status, this property offers peace of mind and ease of transaction.
Property Age and Structural Stability
This building is approximately 15 years old and has maintained its structural integrity over the years. Independent houses constructed during this period are often known for solid construction quality and spacious design compared to many newer developments.
With regular maintenance and minor upgrades, the property can continue to deliver reliable rental income for many years to come.
Pricing and Investment Opportunity
The property is quoted at ₹2.2 Crore, and the price is negotiable. Considering the existing rental income of ₹80,000 per month and the strategic location within Jeevan Bhima Nagar, this represents a strong investment opportunity.
Rental income properties in central Bangalore locations often appreciate in value due to limited land availability and high residential demand. Investors purchasing this property not only benefit from current rental income but also from long-term capital appreciation.
Ideal for Investors and End Users
This property is particularly suitable for investors who want a ready rental income building without the hassle of construction or tenant acquisition. Since the property is already occupied, buyers can start earning rental income immediately after purchase.
At the same time, it also provides flexibility for end users who may wish to live in one portion of the building while continuing to rent out the other units. This hybrid living and income model is increasingly popular among property buyers.
Flexible Visit Timing
Property visits can be scheduled anytime, making it convenient for interested buyers and investors to inspect the building and evaluate the layout, condition, and rental setup.
Conclusion
This independent G+2 rental income building in Jeevan Bhima Nagar, LIC Colony offers an exceptional blend of location advantage, steady rental returns, and long-term investment potential. With a built-up area of 2250 square feet on a 900 square feet plot, multiple well-planned rental units, and an existing monthly rental income of ₹80,000, the property presents a compelling opportunity in Bangalore’s real estate market.
Whether you are an investor looking for a dependable rental property or a buyer seeking a flexible residential investment, this semi-furnished north-facing building provides both immediate income and future appreciation potential in one of the city’s well-connected neighborhoods.
