"Good Rental Income Commercial Building for Sale in Kondapur | Parking + 5 Floors

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Looking for a lucrative investment opportunity? This commercial building in Kondapur, located behind Novotel and in close proximity to the Kondapur RTO office, offers a great rental income potential. With beautiful open skyline views, the building spans across a land area of 400 sqyds and has a built-up area of 12,000 sqft. It features parking plus 5 floors, with two 1,200 sqft units on each floor. The terrace houses an Airtel tower, generating a rental income of 26k. The previous tenant, Sanford school, paid 5 lakhs for 4 floors. Currently vacant and filling new tenants, the expected rent for the entire building is 6 lakhs. Building permissions have been obtained for G+2 on 200 sqyds each, with the remaining applied in BPS (Building Permission Scheme) for the entire commercial building. The quoted price is 8.5 cr. For more details, contact us at +91 91334 20550.

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