For Sale Rental Income PG Building At JP Nagar

jp nagar 4th phase

For Sale, Ready to Move, Resale Properties

₹3.7 crore

Property ID:

RH-43265-property

Bedrooms

Bathrooms

Area

5800 sqft

Status

Ready to Move

Description

For Sale Rental Income PG Building At JP Nagar Bangalore

Location	JP Nagar
Dimension	30 x 40, 1200 sqft
BDA site	25 rooms total
south facing	lift available
Built up 5800 sq ft	Bescom pOwer-24 KV
Loan-1.5 crore(ICICI bank)	Advance from Tenant(15 lac)
Rental income(2.4 lac)	price -3.7 crore(nego)
bathrooms -24	2 rooms in ground floor for staff

For Sale Rental Income Building At JP Nagar Bangalore

About JP Nagar

Locality introduction and neighbourhood

JP Nagar is a prime locality in South Bangalore located between Bannerghatta Road and Kanakpura road. Prime residential areas in proximity are Jayanagar, Banashankari, Bannerghatta Road, and BTM Layout. J P Nagar is spread across 2,500 acres of land, divided into 9 phases. Leading real estate builders in JP Nagar include Puravankara, Prestige, Brigade and many others.

The landmark projects in JP Nagar like DS Max Stone Hill and Puravankara Coronation Square, have transformed it into an upmarket for residential and commercial.

JP Nagar houses many celebrities such as Kannada actor-politician Ambareesh, ex-Karnataka chief minister HD Kumaraswamy, playwright-actor late Girish Karnad, ex-cricketer Javagal Srinath, actress Tara, and many others.

Many of the elite schools, colleges, business organizations, hospitals, restaurants, recreational clubs, and malls are in its proximity. It has beautiful lakes such as Sarakki lake and Puttenhalli lake.

Physical infrastructure

The physical infrastructure is excellent with parks, wide roads and water supply from Bangalore Water Supply and Sewerage Board (BWSSB). J P Nagar is well connected to the Bengaluru City Junction Railway Station; the nearest bus station is in JP Nagar 3rd Phase Bus Stop, off the busy Outer Ring Road. It is located 44 KM from the Kempegowda International Airport (about an hour?s drive). BMTC bus service offers efficient connectivity, to other parts of the city. The nearest metro stations from the JP Nagar area, are Banashankari Metro Station and Rashtriya Vidyalaya Road Metro Station.

Social & retail infra

The RangaShankara theatre for arts is located along the Aurobindo Ashram. The Mini Forest is a popular recreational destination, while there is a minimum of one park in every phase of the locality. JP Nagar is known for its numerous eateries, including popular ones such as Barbeque Nation, Kebab Magic, and Taco Bella. It is closed to many known malls like Central, Meenakshi Mall, Gopalan, etc. Reputed schools like Oxford School, IIMB, BGS School, Sherwood, etc comes within 1 to 2 km radius of the locality.