Image of 26 Room PG Hostel for Sale in Tiruchengode, Tamil Nadu

26 Room PG Hostel for Sale in Tiruchengode, Tamil NaduKangeyampalayam, Tamil nadu

Total Price

₹3.74Cr

TypeUn-furnished

Food AvaliableNo

AvailabilityYes

About

Are you a first-time investor looking to dip your toes into the real estate market? Look no further! This 26 room PG building in Tiruchengode is an unbeatable opportunity. With a sale price of ₹37,378,512 and a price per sqft of ₹11,628, this property offers incredible value for money. Imagine the rental income potential - with each room generating approximately ₹25,000 to ₹30,000 per month, you could easily earn ₹6,50,000 to ₹7,80,000 per month. That's a staggering ₹78 lakhs to ₹94 lakhs annually! With an occupancy rate of 95%, the revenue is almost guaranteed. The building boasts excellent amenities including a fully equipped kitchen, clean and hygienic washrooms, and ample parking space. The rooms are spacious and well-ventilated, making it an ideal place for students or working professionals to reside.

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