Rental Income Building For Sale in RT Nagar-Kanakanagar

Rental Income Building For Sale in RT Nagar-Kanakanagar Bangalore

Rental Income Building For Sale in RT Nagar-Kanakanagar

Property Overview

Are you looking for a luxurious independent villa in a prime location? Look no further than this exquisite property situated in Kanakanagar, RT Nagar. This villa offers a blend of comfort, style, and convenience, making it an ideal choice for families or investors.

Location

Kanakanagar, RT Nagar is one of the most sought-after neighborhoods in Bangalore. Known for its well-planned infrastructure and vibrant community, this area provides easy access to essential amenities, including schools, hospitals, shopping centers, and more. The villa’s location also ensures that you are well-connected to major parts of the city, making commuting a breeze.

Property Details

Built-up Area: 2800 sq. ft.
Plot Area: 1200 sq. ft.
Number of Floors: G+2 Floors
BHK Configuration: 8BHK

This independent villa is spread over three floors, each offering ample space and functionality:

• Ground Floor: Features a 2BHK setup with 2 bathrooms, ideal for immediate family living or as guest accommodations.
• First Floor: Comprises 3BHK with 2 bathrooms, providing additional space for larger families or as rental units.
• Second Floor: Also features 3BHK with 2 bathrooms, designed similarly to the first floor for consistency and convenience.

Bathroom and Balconies

Total Bathrooms: 6
Balconies: 4

Each floor of the villa is thoughtfully designed with a combination of bathrooms and balconies. The 6 bathrooms are well-maintained, ensuring ample facilities for all residents. The 4 balconies offer stunning views and are perfect for relaxing or entertaining guests.

Facing and Orientation

Facing (Site/Door): All doors face east.

The east-facing orientation of the villa not only ensures that you benefit from the morning sunlight but also adheres to the principles of Vastu Shastra, enhancing the positive energy within the home.

Khata and Legal Aspects

Khata: A Khata

This property is registered with an A Khata, ensuring that all legalities are in order and the villa is recognized by the Bangalore Development Authority (BDA).

Age and Condition of the Property

Property Age: 12 years
Condition: Interiors renovated 6 months ago, looks new.

Despite being 12 years old, the villa has been recently updated with modern interiors, making it look as good as new. The recent renovation ensures that you will be moving into a home that is not only spacious but also contemporary and stylish.

Parking and Water Supply

Parking: 2 car parks
Water Supply: Cauvery/Borewell (850 feet depth) / CMC

With provision for parking up to 2 cars, convenience is at your doorstep. The villa is equipped with a reliable water supply system, drawing from both Cauvery water and a deep borewell. This ensures a steady and ample supply of water for all your needs.

Price and Negotiability

Price Quoting: ₹2.85 Crore
Negotiable: Yes

The villa is priced competitively at ₹2.85 Crore. The price is negotiable, offering you the opportunity to make a fair deal and invest in this prime property.

Occupancy and Rental Income

Empty or Occupied: All floors are tenanted
Rental Income: ₹73,000 per month (potentially up to ₹85,000 with new tenants)

Currently, all floors are occupied, providing a steady rental income of ₹73,000 per month. With new tenants, the rental income can potentially increase to ₹85,000, making this an excellent investment opportunity.

Furnishing and Visit Timings

Furnished/Unfurnished: Semi-Furnished
Visit Timing: Anytime

The villa comes semi-furnished, which means it is equipped with essential fixtures and fittings while allowing you the flexibility to add your personal touch. You can visit the property at any time that suits you, giving you ample opportunity to explore every aspect of this stunning home.

Conclusion

This independent villa in Kanakanagar, RT Nagar, offers a unique blend of spacious living, modern amenities, and investment potential. With its strategic location, excellent condition, and substantial rental income, it presents a compelling opportunity for both homebuyers and investors. Don’t miss out on the chance to own this remarkable property. Contact us today to schedule a visit and see for yourself why this villa is the perfect choice for your next home or investment.