Income-Generating PG for Sale Near Christ University, 8th Mile

Published: September 12, 2026 | Updated on: September 17, 2026 | By L K Monu Borkala

This income-generating PG property near Christ University, 8th Mile, is a turnkey rental investment on a high-demand student corridor. The G+5 building on a 1,790 sq ft east-facing plot houses 36 rooms with capacity for 80 occupants and currently generates ₹4.25 lakh in monthly rental income. Located just 400 metres from the university and 900 metres from Nagasandra Metro Station, the property's occupancy is anchored by one of Bangalore's largest private universities. Priced at ₹6 Crore (negotiable), it offers a gross rental yield of approximately 8.5% at current occupancy, with potential to reach around 14% at full capacity.

Property Highlights

• Location: 8th Mile, Near Christ University
• Landmark: 400 m from Christ University
• Metro: Approx. 900 m from Nagasandra Metro Station
• Plot Size: 1,790 Sq. Ft.
• Road Width: 30 Ft.
• Structure: G+5 Floors
• Facing: East Facing
• Age: 2 Years
• Rooms: 36
• Occupancy: Up to 80
• Current Rent: ₹4.25 Lakhs/Month
• Potential Revenue: Approx. ₹7 Lakhs/Month
• Lift: 8-Passenger
• Backup: Generator
• Water: Layout Water + Own Borewell
• Hot Water: Heat Pump
• Documentation: B Khata, BBMP Approved, E-Swathu, Approved Plan
• Price: ₹6 Crore, Negotiable

Location and Student Demand

The property's location is its primary asset. Christ University draws thousands of students across undergraduate and postgraduate programmes, creating consistent demand for nearby PG accommodation. At 400 metres from the gate, students walk to classes, a factor that drives occupancy year after year.

Nagasandra Metro Station, the northern terminus of the Namma Metro Green Line, is approximately 900 metres away. The metro connection adds a second demand layer: working professionals who commute along the Green Line also look for PG accommodation in this corridor. The property sits on a 30 ft road, providing adequate access for deliveries and tenant move-ins.

Building Specifications

The 2-year-old G+5 structure is built on a 1,790 sq ft east-facing plot. The ground floor accommodates parking, and the five upper floors house 36 furnished rooms. The building has an 8-passenger lift, generator backup, borewell plus layout water supply, and a heat pump for hot water across all floors.

These are operational necessities for a PG business. Generator backup keeps the building functional during power cuts. The heat pump system is more energy-efficient than individual geysers, reducing long-term operating costs across 36 rooms.

Revenue and Investment Returns

At ₹4.25 lakh per month, the current annual rental income is approximately ₹51 lakh. Against a purchase price of ₹6 Crore, this gives a gross rental yield of roughly 8.5%, significantly above the 2 to 4% typical for residential apartments in Bangalore.

At full occupancy and optimised pricing, potential revenue is estimated at around ₹7 lakh per month (₹84 lakh per annum), pushing gross yield to approximately 14%. Note: these projections are based on seller-stated figures and should be verified through independent occupancy and revenue due diligence.

For a transaction at ₹6 Crore, the buyer must deduct TDS under Section 194IA at 1% of total consideration. Investors should also review capital gains tax rules for Karnataka if planning to sell after appreciation. Use the BBMP property tax calculator to estimate annual tax obligations for a commercial-use building.

Documentation and Compliance

The property has B Khata with BBMP approval, E-Swathu registration and an approved building plan. Verify E-Swathu status through the e-Aasthi portal. The approved plan confirms the G+5 construction was sanctioned under BBMP building plan approval norms.

B Khata properties are common in newly developed areas of Bangalore. While B Khata limits some municipal services compared to A Khata, it does not prevent property transactions or rental operations. Confirm the sale deed clearly records all six floors, the approved plan number and any existing rental agreements with tenants.

Who This Property Suits

This property targets investors seeking regular monthly income with minimal vacancy risk. University-anchored demand makes this more predictable than a standalone residential building. Existing tenants mean the buyer can start earning from day one.

It also suits entrepreneurs looking to operate a PG business with an established tenant base. At 2 years old, major maintenance expenses are unlikely in the near term. For comparison, browse our listing for a rental income building in Hegde Nagar, a different rental investment format in North Bangalore.

Frequently Asked Questions

What is the current rental income?

The property generates ₹4.25 lakh per month from existing tenants, with potential to reach approximately ₹7 lakh per month at full capacity.

Is this property BBMP approved?

Yes. The building has BBMP approval with an approved building plan, B Khata and E-Swathu registration.

How far is it from Christ University?

Approximately 400 metres, within walking distance of the university campus.

Is bank loan available for this property?

Commercial PG properties with B Khata may have limited loan options compared to A Khata residential properties. Check with your bank based on the documentation available.

Can existing tenants continue after purchase?

This depends on the terms of existing rental agreements. Review all current agreements as part of due diligence before completing the purchase.