Novel Business Park
Adugodi, Bangalore
Minimum Investment
₹1,10,000
Investment Size₹1,10,000per fraction
Rent per Month₹800
Avg Rental Yield8.8%
Asset Size₹27,50,000
Target IRR14%
No. of Fractions25
Calculate Your Rent
Rent per Month₹779
Annual Rent₹9,350
Rent per Month (Post Tax)₹545
Finplify has partnered with Novel Office to offer an exclusive opportunity to invest in a High Yield Grade-A Commercial Property located in the Central Business District, Bangalore.The oppourtunity is to invest in a fully managed office space in Salarpuria Triton building which is located in Adugodi, off Hosur Main Road.The property has high capital appreciation potential as it is well connected with the rest of the city. The property is located about 150m from the Hosur Roar Metro Line ensuring the property has multiple commute options. Historically, properties located near Metro lines have seen an average increase in prices in the range of 8-10%.
Purchase Price Distribution
| Component | Amount |
|---|---|
| Offered Area (sqft) | 250 |
| Price per Sqft | ₹10,000 |
| Gross Price | ₹25,00,000 |
| Stamp Duty & Registration | ₹1,75,000 |
| Platform Charges | ₹75,000 |
| Net Purchase Price | ₹27,50,000 |