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Brand New Rental Income Property for Sale – Nagawara (Near Manyata Tech Park)

  • ₹11.5 crore

Overview

Property ID: RCP-37877
  • Apartment flat
  • Property Type
  • 2860 sqft
  • Area Size

Description

📍 Location: Nagawara, close to Manyata Tech Park, Bangalore

📐 Site Area: 2,860 sq. ft.

🏢 Structure: Ground + 5.5 Floors

🏠 Configuration: 36 Units – 1 BHK

💰 Income Details

  • Monthly Rental Income (Claimed): ₹9,00,000
  • Average Rent per Unit (approx.): ₹25,000 per 1BHK
  • Annual Gross Income: ₹1.08 Crore

Reality Check:

₹25,000 per 1BHK in Nagawara is achievable only if:

  • Units are newly built and semi/fully furnished
  • Walking distance to Manyata
  • Lift + power backup + CCTV + proper ventilation
    Otherwise, average market rent typically ranges ₹18,000–₹23,000 depending on size and furnishing.

📊 Investment Metrics

  • Quoted Price: ₹11.50 Crore
  • Gross Rental Yield: ~9.4% annually
  • Address: Nagwara
  • City: Bangalore
  • State/county: Karnataka
  • Area: Bangalore
  • Country: India

Details

Updated on February 20, 2026 at 11:24 am
  • Property ID RCP-37877
  • Price ₹11.5 crore
  • Property Size 2860 sqft
  • Property Type Apartment flat
  • Property Status Sale

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