Image of Honnavar Plots - 8462 sqft Land for Rent

Honnavar Plots - 8462 sqft Land for RentVirangudi, Karnataka

Total Price

₹2.90L

Plot

Plot Area8,462 sq.ft

Price/sq.ft₹34

AvailabilityYes

About

A rare opportunity to invest in Honnavar's emerging real estate market! This 8462 sqft plot is situated in the heart of Honnavar, offering excellent connectivity to major cities like Mangalore and Goa. With a monthly rent of ₹289,810 and a security deposit of ₹579,620, this plot presents a lucrative investment opportunity with an estimated ROI of over 10% per annum. The neighbourhood boasts a mix of industrial and residential units, ensuring a steady demand for commercial spaces. The proximity to the Arabian Sea and the scenic beauty of Honnavar make it an attractive destination for tourists, further boosting the area's development potential. With the government's focus on infrastructure development, this plot is poised for significant growth in the coming years. Investors can expect substantial returns as the demand for commercial spaces continues to rise. The plot's location near the Honnavar railway station and the NH 66 highway ensures easy accessibility and connectivity to major markets.

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