Premium Independent Rental Property for Sale – NRI Layout, Near Ramamurthy Nagar, Bangalore

Premium Independent Rental Property for Sale – NRI Layout, Near Ramamurthy Nagar, Bangalore
Property Overview

Own a well-maintained independent residential building in the rapidly developing NRI Layout, near Ramamurthy Nagar, Bangalore. This property is an excellent investment opportunity for buyers looking for rental income as well as long-term appreciation.

Property Details
Location: NRI Layout, Near Ramamurthy Nagar, Bangalore
Plot Size: 39 ft × 44 ft
Property Type: Independent Residential Building
Total Floors: Ground + 3 Floors
Configuration: Three spacious 2 BHK semi-furnished homes (one on each floor)
Additional Space: One room measuring approximately 15 ft × 15 ft on the third floor
Construction Year: 2012
Age of Property: Approximately 14 years
Features & Amenities
Three spacious semi-furnished 2 BHK units
Spacious living hall in each unit
Modular kitchen setup
Bedrooms with attached bathrooms
Solar water heater facility
Ground floor water sump
Borewell available (requires repair)
2-wheeler parking available
Good rental income potential
Peaceful residential neighborhood
Close to schools, supermarkets, hospitals, public transport, and major road connectivity
Parking
✅ 2-Wheeler Parking Available
❌ Car Parking Not Available
Pricing

Total Asking Price: ₹4.00 Crore

The quoted price already includes adjustments for:

₹2,00,000 discount towards borewell repair.
Pricing adjustment considering the absence of car parking.
Depreciation value applicable to a building constructed in 2012 (approximately 14 years old).
Price Break-up

The total property value of ₹4.00 Crore has been calculated based on:

Land Value
Land rate considered: ₹13,500 per sq. ft.
Prime location at NRI Layout, Near Ramamurthy Nagar, Bangalore
Building Value

The price includes the value of:

Three fully constructed semi-furnished 2 BHK residential units
Additional 15 ft × 15 ft room on the terrace level
Existing electrical and plumbing installations
Solar water heating system
Water sump and associated infrastructure

Appropriate depreciation has been applied based on the age of the building, making the asking price fair and competitive.

Why Invest in This Property?
Excellent rental income opportunity with three independent 2 BHK units.
Located in one of East Bangalore's fast-growing residential areas.
Suitable for investors, large families, or buyers seeking rental returns.
Ready-to-occupy semi-furnished homes.
Strong future appreciation potential due to the prime location.
Fairly priced after considering property age, borewell repair, and parking limitations.
Contact

For pricing discussions, site visits, or additional information, please contact us to schedule a property inspection.