Fully Furnished Multi-Unit Rental Income Property for Sale on Bannerghatta Road, Bengaluru

Published: 7 November 2026 | Updated on: 7 November 2026 | By L K Monu Borkala, CEO & Founder, OneCity Property, 15 years of property consultancy experience and over 20 years in marketing and management at OneCity Technologies Pvt. Ltd.

Property Highlights

About This Property

This is a fully furnished multi-unit rental income property on a 1,200 sq ft site on Bannerghatta Road, South Bengaluru, listed at Rs 3.2 Cr. Furnished rental units command higher rents, which can improve the gross yield. Verify the number of units, monthly rental income, furnishing inventory and tenant agreements.

Bannerghatta Road is one of South Bengaluru's main arterial roads with consistent rental demand from IT professionals in Electronic City, JP Nagar and the Silk Board corridor. A furnished multi-unit property benefits from both location and the furnished rent advantage. Use our rental yield calculator to evaluate.

About Bannerghatta Road

Bannerghatta Road runs south from Jayadeva Circle toward Bannerghatta National Park. It is a major residential and commercial corridor in South Bengaluru.

Schools (DPS, Presidency), hospitals (Fortis, Apollo), malls (Meenakshi Mall) and connections to Electronic City, JP Nagar and BTM Layout make it well-served.

Connectivity and Nearby Landmarks

• Jayadeva Circle - varies
• JP Nagar - approximately 3 to 5 km
• BTM Layout - approximately 3 km
• Electronic City - approximately 10 km
• Silk Board - approximately 5 km
• Gottigere Metro (Green Line) - varies

Why Consider This Property

A furnished rental property on Bannerghatta Road benefits from strong tenant demand and the furnished rent advantage. Multi-unit buildings spread vacancy risk.

Bannerghatta Road has shown consistent appreciation and rental demand. Verify the rent roll and furnishing inventory before committing.

Stamp Duty and Registration Cost Estimate

At Rs 3.2 Cr, stamp duty at 5% and registration fee (1% or 2%, unconfirmed as of November 2026) plus cess and surcharge at about 0.6% apply. Use our stamp duty calculator for a detailed estimate.

For transactions above Rs 50 lakh, TDS at 1% must be deducted (Form 141 from April 2026). If buying as an investment, review capital gains tax implications.

What to Inspect During a Site Visit

Visit the property at least twice - once during the day and once in the evening. During the day, check the natural light in each room, ventilation through windows, road access width and neighbourhood activity. In the evening, check the street lighting, noise levels from nearby roads or commercial establishments, and the overall security of the area.

For buildings, inspect the external walls for cracks or water seepage marks, test the water pressure on each floor (especially the top floor), check the electrical wiring condition (look for exposed wires or old switchboards), and verify that all doors and windows open and close properly. Check the roof for leaks, the staircase width and condition, and whether the building has a proper rainwater drain. Ask the seller about the age of the building, any recent renovations, and the water source (Cauvery connection, borewell or tanker-dependent).

Legal Checklist Before Buying

• Verify the khata type (A-Khata preferred for bank loans)
• Get a 15-year encumbrance certificate from the sub-registrar office
• Check the registration process and stamp duty calculation
• Confirm property tax payment status
• For transactions above Rs 50 lakh, deduct TDS at 1% via Form 141 (from April 2026)
• Verify building plan approval and check for unauthorized construction
• Review all tenant agreements and rental payment records

What is the price?

Rs 3.2 Cr. Stamp duty and registration are additional.

Is it furnished?

Yes, fully furnished. Ask for the inventory of items included in each unit.

What is the rental income?

Not specified. Ask the seller for the rent roll.

Where on Bannerghatta Road?

Verify the exact location with the seller, as rents and values vary along the stretch.

Rental Yield Analysis

The gross rental yield is calculated by dividing the annual rental income by the purchase price. In Bengaluru, multi-unit residential buildings typically deliver 2.5% to 4% gross rental yield, with the net yield about 1% to 2% lower after property tax, maintenance, vacancy allowance and repairs. Higher yields are common in industrial corridor areas (Jigani, Peenya, Electronic City periphery) where compact units serve working professionals at affordable rents.

Key factors that affect rental yield include the number of units (more units spread vacancy risk), proximity to employment hubs (IT parks, industrial areas, hospitals, colleges), furnishing status (furnished units command 20% to 40% higher rent) and the condition of the building. Ask the seller for at least 12 months of rental payment records and the current tenant profile before making a decision.

Buyers should also consider the long-term appreciation of the land underneath the building. In growing Bengaluru corridors, the land value often appreciates faster than the rental income grows, making the total return (rent plus appreciation) more attractive than the rental yield alone suggests. However, older buildings may need periodic renovation investment to maintain tenant quality and rental rates.

Tenant Management Considerations

Managing multiple rental units requires attention to tenant selection, rent collection, maintenance requests and legal compliance. Key steps include: verify tenant identity with government-issued ID before renting; register every rental agreement at the sub-registrar office; collect rent via bank transfer for clear records; respond to maintenance requests within 48 hours to retain good tenants; and keep a reserve fund for unexpected repairs. Some owners hire property management companies that charge 5% to 8% of the monthly rent to handle day-to-day tenant issues.

Disclaimer: All details are based on information provided by the property owner. Verify independently before making a purchase decision. OneCity Property is not responsible for any discrepancies.