Rental Income Building For Sale in Kanakanagar- Bangalore

Rental Income Building For Sale in Kanakanagar- Bangalore

Property Overview

• Property Type: Independent House
• Location: Kanakanagar, Bangalore
• Built-up Area: 3,000 sq. ft.
• Plot Area: 1200 sq. ft.
• BHK Configuration: 12BHK (Ground Floor: Car Parking, First Floor: 3BHK, Second Floor: 3BHK, Third Floor: 3BHK, Fourth Floor: 3BHK)
• Number of Floors: G+4 (Ground Floor + Four Additional Floors)
• Bathrooms: 12
• Balconies: 4
• Facing: East (Site/ Door)
• Khata Type: A-Khata
• Property Age: New
• Parking: Car Parking + Lift
• Water Supply: Cauvery Water & Borewell
• Price: ₹3.10 Crores
• Negotiable: Yes
• Occupancy: Empty
• Furnishing: Semi Furnished
• Rental Income: ₹1.20 Lacs per month
• Visit Timing: Anytime

This property represents a unique opportunity to own a spacious, multi-level independent house in the well-established locality of Kanakanagar. With its 12-bedroom configuration, modern amenities, and prime location, this house offers both an ideal living space for large families and a highly lucrative rental income potential for investors.

Key Features and Layout of the Property

1. Spacious 12BHK Layout

This independent house is designed with a well-thought-out 12BHK configuration, distributed across 5 floors. The ground floor is dedicated to car parking, providing ample space for vehicles, along with a lift for easy access to all levels. Each of the first four floors contains a 3BHK layout, ensuring generous living spaces for families or tenants. The 12 bedrooms offer enough room to accommodate large families, guests, or can even be restructured for rental or commercial purposes.

• Ground Floor: Primarily used for car parking and access to the lift
• First Floor: 3BHK apartment with spacious living areas
• Second Floor: Another 3BHK apartment with identical features
• Third Floor: Additional 3BHK unit
• Fourth Floor: Final 3BHK unit, offering the same spacious design

This versatile layout makes the property ideal for a variety of uses, whether for large family living, a shared accommodation setup, or as a source of rental income.

2. Total Built-Up Area of 3,000 Sq. Ft.

The property offers a vast built-up area of 3,000 square feet, making it perfect for large families or those looking for expansive living spaces. The extensive built-up area ensures that all rooms, including the kitchen, bathrooms, and living spaces, are generously proportioned, providing both comfort and functionality. With this amount of space, there is ample opportunity for customization, whether for personal use or as a profitable venture.

3. Multiple Floors with Modern Amenities

This G+4 independent house features a modern multi-floor structure that caters to all the needs of contemporary living. From the ground floor’s convenient car parking space and the building’s dedicated lift, to the top four floors offering spacious living quarters, this house is built for comfort and practicality. The lift ensures easy movement between floors, ideal for elderly family members or guests. The balconies on various levels provide open spaces to enjoy the surrounding views and fresh air.

4. East-Facing Plot

The plot is east-facing, which is considered auspicious according to Vastu Shastra. This orientation allows for natural light to flood the house, especially in the mornings, creating a bright and welcoming environment. An east-facing property is believed to bring prosperity and positive energy, making it a highly desirable feature for both personal residence and investment.

5. A-Khata Property

The property is A-Khata certified, meaning it is legally recognized by the Bangalore Development Authority (BDA). An A-Khata property ensures that the documentation is clear and there are no legal issues related to ownership, making it eligible for loans, registration, and construction permits. This legal clarity adds immense value and security for the buyer.

6. Parking Space and Lift

This independent house is designed to accommodate sufficient parking space on the ground floor, ensuring convenience for the residents and visitors. The lift adds a layer of luxury and practicality, allowing residents easy access to all floors without the hassle of stairs.

Water Supply and Utilities

1. Cauvery Water Supply & Borewell

The property benefits from two reliable sources of water: Cauvery water and an additional borewell. This dual water supply system ensures that the property has access to an abundant and uninterrupted water supply, a significant advantage in Bangalore, where water scarcity can be an issue in some areas. This makes the house fully functional and convenient for daily living, even for a large family.

Investment Potential and Rental Income

1. Rental Income of ₹1.20 Lacs per Month

With a spacious 12BHK setup, this independent house offers an excellent rental income potential. The property is currently generating ₹1.20 Lacs per month, which makes it an attractive option for investors. The strategic layout, with separate 3BHK units on each floor, ensures that the property can be rented out to multiple tenants, maximizing rental returns.

This high rental income, combined with the property’s location in Kanakanagar – a well-established locality with great connectivity – ensures that the property will continue to generate substantial rental yields in the future. The area’s ongoing infrastructure development further supports its appeal to potential tenants, making this property an excellent investment opportunity.

2. Appreciating Property Value

The property is situated in Kanakanagar, a locality that enjoys great demand due to its central location, accessibility, and amenities. The area has seen consistent growth in terms of property prices, and this house’s prime position makes it an excellent long-term investment. With the increasing demand for independent houses in well-established localities, the property is expected to appreciate in value over time, adding more value to the buyer’s investment.

Pricing and Negotiability

Price Quoting: ₹3.10 Crores

The price for this independent house is ₹3.10 Crores, reflecting its expansive size, strategic location, and the many features it offers. Given the property’s vast built-up area, rental income potential, and legal standing with A-Khata certification, this price is highly competitive. The asking price also factors in the new property age, modern amenities, and the extensive multi-floor layout.

Negotiable Price

The price is negotiable, which provides flexibility for potential buyers. This allows room for negotiation based on market conditions, specific buyer requirements, and other considerations. Buyers looking for a high-value property in a prominent locality can discuss terms and settle on a mutually agreeable price.

Why Choose This Property?

• Ideal for Large Families: The 12BHK layout across 5 floors ensures that this independent house is perfect for large families looking for space, privacy, and comfort.
• High Rental Income Potential: With a rental income of ₹1.20 Lacs per month, the property promises excellent returns on investment.
• A-Khata Certification: The A-Khata property status ensures legal clarity and hassle-free ownership.
• Prime Location in Kanakanagar: A central and well-connected location adds significant value to the property, making it an attractive investment.
• Modern Amenities: The property comes with a lift, car parking, and dual water supply from Cauvery and borewell, ensuring convenience and functionality.

Conclusion

This independent house in Kanakanagar is a rare find, offering a combination of expansive living space, modern amenities, and excellent rental income potential. Whether you are a large family looking for a new home or an investor seeking high returns, this property checks all the boxes. With negotiable pricing and a prime location, it represents an outstanding investment opportunity. Don’t miss the chance to own this stunning 12BHK house in one of Bangalore’s most desirable localities. Schedule a visit today to explore this remarkable property and make it your own.