Rental Income Building For Sale in Kanakanagar- Sultan Palya – East-Facing, G+2, ₹1.30L Rental Income Monthly

Overview

Are you looking for a high-return investment property in a fast-developing area of Bangalore? This Rental Income Building in Kanakanagar is a rare opportunity to own a fully operational, multi-tenant residential building that generates consistent monthly rental returns.

Built on a 1200 sqft plot with a total built-up area of 3000 sqft, this G+2 east-facing building features 8 BHK units, each with attached bathrooms, private balconies, and separate utilities. Currently occupied and earning ₹1.30 Lakhs/month, it presents a strong, stable investment proposition. The quoted price is ₹3.60 Crore (negotiable), which reflects excellent value considering the rental yield and the location.

Key Property Details

• Type: Rental Income Building / Independent Multiplex

• Location: Kanakanagar, Bangalore

• Plot Area: 1200 Sqft

• Built-up Area: 3000 Sqft

• Configuration: 8 BHK

• Floors: Ground + 2

• Bathrooms: 8 (Attached)

• Balconies: 4

• Facing: East (Site and Door)

• Khata: A-Khata (Clear Title)

• Property Age: 8 Years

• Parking: Available (On-site)

• Water Supply: Cauvery Water

• Furnishing: Semi-Furnished

• Occupancy Status: Fully Occupied

• Rental Income: ₹1.30 Lakhs per Month

• Price Quoting: ₹3.60 Crore

• Negotiable: Yes

• Visit Timing: Anytime with Prior Appointment

Design & Layout

This well-maintained G+2 building has been constructed to optimize space, privacy, and functionality. Each floor comprises multiple self-contained rental units, specifically designed for long-term tenants such as working professionals, small families, or students.

Configuration Overview:

• Ground Floor: Residential units + Parking space

• First Floor: Multiple 1BHK or Studio units

• Second Floor: Additional 1BHK or 2BHK units with balconies

With a total of 8 spacious bedrooms and 8 bathrooms, the building is divided into tenant-friendly formats, ensuring maximum occupancy and low vacancy.

Interiors & Features

The interiors are semi-furnished, offering essential amenities such as:

• Modular kitchens

• Wardrobes

• Fan & lighting fixtures

• Geysers in bathrooms

• Curtain rods and exhaust fans

Each unit is thoughtfully laid out, promoting efficient use of space. The balconies on select units enhance ventilation and provide a comfortable outdoor space for tenants.

The east-facing orientation ensures the property receives abundant natural light, enhancing energy efficiency and tenant satisfaction.

Legal Status: A-Khata Property

The building holds a valid A-Khata, indicating that all municipal dues have been cleared, and the property complies with BBMP standards. Buyers can avail home or commercial property loans from leading banks based on this documentation.

This legal clarity not only simplifies ownership transfer but also ensures peace of mind for future resale or redevelopment possibilities.

Water, Power & Parking

• Water Supply: Connected to Cauvery water, ensuring regular and reliable water access for all tenants

• Power Supply: Individual electricity meters for tenants

• Drainage & Sewage: Properly managed infrastructure

• Parking: Dedicated on-premises parking for two-wheelers and compact cars

These practical amenities make it a tenant-friendly property, helping reduce churn and command consistent rental rates.

Prime Location – Kanakanagar

Kanakanagar is a rapidly urbanizing neighborhood in North Bangalore, appreciated for its affordability, accessibility, and growing commercial footprint. The area is well-connected by road and public transport to major city hubs, making it an ideal residential choice for working professionals and middle-income families.

Connectivity & Infrastructure:

• Near Major Roads: Proximity to Outer Ring Road, Hebbal, and Thanisandra Main Road

• Public Transport: Multiple BMTC routes and autos available at walking distance

• Educational Institutions: Close to reputed schools and colleges

• Healthcare Facilities: Near specialist clinics and hospitals like Baptist Hospital

• Retail & Essentials: Grocery stores, supermarkets, ATMs, and pharmacies nearby

The convenience of location plays a crucial role in retaining tenants, thus maintaining steady occupancy and income.

Rental Income Snapshot

The current monthly rental income is ₹1.30 Lakhs, which provides an attractive gross rental yield of ~4.3% annually, based on the quoted price. In a city like Bangalore, this is a strong and stable ROI, especially considering the legal status and infrastructure of the property.

Why this Income is Sustainable:

• Multiple tenants diversify risk

• Area demand from working professionals and families remains high

• Low turnover due to well-designed units and locality perks

• Opportunity to increase rent over time

Investment Potential

Rental income buildings in high-demand locations like Kanakanagar are becoming increasingly rare. With rapid urban sprawl and limited land availability, such assets appreciate both in capital value and rental returns over time.

If rented more efficiently or upgraded, this property has the potential to generate ₹1.5–1.6 Lakhs/month, making it an even stronger asset. Additionally, it could be converted to a paying guest (PG) setup, studio rentals for techies, or Airbnb-style short-term rentals, subject to zoning norms.

Who Should Buy This?

This property is ideal for:

• Real Estate Investors looking for passive income

• NRIs seeking stable rental returns and capital appreciation

• Retired Professionals wanting monthly income without management hassles

• Entrepreneurs planning to convert it into a boutique hotel or serviced apartment setup

• Joint Families who want to live on one floor and rent out the rest

Price & Negotiation

The asking price is ₹3.60 Crore, which is highly reasonable considering:

• The size (3000 sqft built-up area)

• Current rental income (₹1.30 Lakhs/month)

• A-Khata status

• Prime residential zone

• Potential future appreciation

The seller is open to negotiation, especially for serious buyers or outright purchases.

Site Visit & Additional Information

Buyers are welcome to visit the property anytime with prior notice. Since it is currently occupied, scheduling a visit in advance ensures you can observe the layout, neighborhood, and existing tenant setup without disturbance.

Full documentation, income proof, and tenant details can be shared upon request for serious inquiries.

Conclusion

This Rental Income Building in Kanakanagar offers the perfect blend of consistent income, long-term capital growth, and legal clarity. Whether you’re looking to build passive wealth, expand your real estate portfolio, or settle into a multi-unit home, this property is a rock-solid investment.

With growing rental demand in Bangalore and limited supply of legally clear buildings in central locations, this is an opportunity you won’t want to miss.

Book a site visit today or connect with us for more details and documentation.