Rental income property for sale at jp nagar (1.5 lakh)/ month

Description

Here is a point-wise description of the rental income property for sale in JP Nagar 8th Phase, with a rental income of approximately ₹1.5 lakh per month:

1. Location:

• Situated in JP Nagar 8th Phase, a well-developed and sought-after residential locality in Bangalore.
• Proximity to major IT hubs, educational institutions, shopping complexes, hospitals, and other amenities.

1. Property Type:

• Likely a multi-story residential building, possibly consisting of multiple 2 BHK or 3 BHK units, contributing to the substantial rental income.
• Could also include commercial spaces on the ground floor, further enhancing rental yields.

1. Rental Income:

• The property generates around ₹1.5 lakh per month in rental income, making it an attractive investment for those looking for steady cash flow.
• The rental income might be spread across several tenants, ensuring diversified revenue streams.

1. Built-Up Area:

• The property likely has a considerable built-up area, offering spacious units.
• High-quality construction with modern amenities, contributing to its appeal to tenants.

1. Age of the Property:

• Could be a newly constructed building or a relatively recent development, ensuring low maintenance costs and higher rental demand.

1. Investment Potential:

• The property offers excellent potential for appreciation due to its location in a rapidly growing area.
• Ideal for investors seeking both rental income and long-term capital gains.

1. Legal Clearances:

• Expected to have all necessary legal approvals, ensuring a hassle-free transaction and ownership experience.

1. Price:

• Typically, properties with such rental income in JP Nagar 8th Phase might be priced higher due to the premium location and potential returns.

1. Tenant Profile:

• Likely to attract working professionals, families, and possibly small businesses if commercial spaces are included.