Overview: Discover a premier investment opportunity with this brand new service apartment located in the highly sought-after locality near Kempfort Mall, HAL Old Airport Road, Bangalore. Ideal for those looking to invest in a high-yield property, this building is surrounded by major landmarks including Manipal Hospital, luxury hotels such as Leela Palace and Mattan Hotel, and prominent IT hubs including IBM, Dell, and Embassy Tech Park.

Property Details:

• Plot Area: 1845 sqft
• Dimensions: 45*41
• Frontage: 45 feet
• Road Width: 25 feet
• Floors: Ground + 6
• Facing: West Facing

Specifications:

• Number of Rooms: 47
• Construction Age: Brand New
• Electric Connection: Permanent BESCOM
• Power Backup: 45 kVA Eicher Generator
• Water Source: Own Bore Well
• Lift: Asian Elevators
• Flooring: Sattvario Tiles (2*4) in common areas and staircase; Lapothra Granite in staircases
• Fittings: Jaguar fittings in all bathrooms, UPVC windows with soundproof toughened glass, high-quality doors, Godrej locks with key card access for each room
• Additional Features: UPVC bathroom doors, built-in cupboards in all rooms, air conditioning in every room, POP false ceilings throughout, heat pump

Financials:

• Asking Price: ₹9.5 Crores (Negotiable)
• Current Rent: ₹7,50,000 per month with an advance of ₹55 Lakhs
• Rent per Room: ₹16,000
• Yearly Rent Increment: 5%

Legal and Compliance:

• Khata: E Khata (Electronic Khata, the digital version of A Khata)

This exceptional property offers modern amenities, excellent rental income potential, and is situated in a prime location with easy access to major commercial and residential areas. Whether you’re looking to expand your real estate portfolio or invest in a lucrative rental property, this service apartment represents a compelling opportunity.