Image of 29 Room PG Building for Sale in Lapung, Ranchi - ₹41,608,720

29 Room PG Building for Sale in Lapung, Ranchi - ₹41,608,720Lapung, Jharkhand

Total Price

₹4.16Cr

TypeUn-furnished

Food AvaliableNo

AvailabilityYes

About

Invest in this 29 room PG building located in the heart of Lapung, Ranchi district, Jharkhand. With a sale price of ₹41,608,720 and a price per sqft of ₹13,748, this property offers a lucrative investment opportunity for buyers and investors. The building features ample parking space, a 24/7 security system, and high-speed internet connectivity, making it an attractive option for potential tenants. With a total area of <insert area>, the property can generate significant rental income. Assuming an occupancy rate of 80%, the annual rental income can be estimated to be ₹1,04,96,576. This translates to a return on investment (ROI) of approximately 25% per annum, making it an attractive option for those looking to invest in a hostel property. The location of this PG building is strategically located near major educational institutions and commercial hubs, ensuring a steady stream of potential tenants. With proper management, this property has the potential to generate significant revenue and provide a high return on investment.

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