OFFICE OF 550.0 SQ FT. FOR SALE, INR 40.14 LAC AT HOSUR ROAD IN HOSUR

Property Type: Commercial Office space Built up area: 550sqft Total Price: 40.13 lacs (UDS option). Location: Hosur Road Commercial Office space is available in Hosur Road, UDS option 40.13 lacs (incl of 1 car park) 550 sq ft is available on the 1st floor @ Rs 5949 per sq ft + Rs 300 per sq ft extra for warm shell charges + provision of infrastructure and car park Rs 4,25,000 + advance maintenance for 24 months and service tax on advance maintenance Rs 1,51,800 = Rs 40,13,750, since it is ready to occupy VAT and service tax is not applicable, Rs 3 lacs is booking amount and 10 % fees towards service charges for tenancy management services. min expectation rent for 1st floor is Rs 40 per sq ft, an investor can expect to take home Rs 22k as monthly rent, exp ROI is 6.57 %.