Purva Aerocity Rent
Purva Aerocity offers 2, 3, and 3.5 BHK apartments for rent at an affordable price in Chikkajala, Devanahalli, Bangalore. The average rent of apartments in Chikkajala starts from INR 16000. This project is a new launch residential enclave spread over 7.5 acres. There are 300 units, and the sizes of the housing units are between 1187 to 2040 Sq Ft.
Purva Aerocity Rent allows people to rent the apartments of Purva Aerocity without having to buy them. Renters can enjoy the luxury of the project along with the amenities without paying a huge amount to live there.
Purva Aerocity Project Highlights
| Project Name | Purva Aerocity |
| Location | Chikkajala, Bangalore North |
| Total land in Acres | 7.5 Acres |
| RERA NO | Awaiting |
| Total No. of Apartments | 300 |
| Bedrooms | 2, 3 & 3.5 BHK |
| Size Range | 1187 - 2040 Sq Ft |
| Possession | Dec 2028 Onwards |
| Starting Price | 1.72 Crores Onwards |
| Launch Date | 2024 |
| Completion | December - 2028 |
The rent of a property refers to the money owners take from their tenants. The amount of rent should be between 2.5% to 3.5% of the market value of the property. It is basically the sum up amount of all charges. An owner can rent the flat after purchasing it as an investment. As this project is in the ongoing stage, investors can give it for rent after possession.
| Unit types | Unit configurations |
| Townhouse | 435 - 799 sq ft |
| Villa | 800 - 1350 sq ft |
| Bungalow | 1351 - 1650 sq ft |
| Mansion | 1651 - 2000 sq ft |
| Estate | 2001 - 4800 sq ft |
Let's look at the probable rental value of the project!
Investment Potential: A flat or home is a huge asset that provides extra money on the capital investment. This project offers great investment potential due to the location and facilities. Sarajpur Road is a prime area of the city that has great connectivity. Moreover, it is a project by Puravankara Group, an eminent real estate dealer. So, all over it will give more value above the initial capital. One can get a good rental income after buying a unit from this residential enclave.
Economic Growth: Bangalore is seeing real estate growth and attracting more people each year. Many areas are growing in this city, including Sarjapur. This project is RERA-approved & the project location has demands for the properties. These things show economic growth is on the positive side for giving flats on rent.
Infrastructure: The connectivity and features of the project location are good. The area is near to schools, colleges, IT Hubs, Hospitals and Mall. Thus, it is clear that an owner of a unit in the property will get a generous rental amount. Roads and transport are easy to access, which positively impacts the value of this project.
Amenities: Amenities of this project include senior citizens' decks, kids' play areas, a pool, a gym, a garden, etc. Due to the facilities, it will attract tenants to take flats for rent.
The above things make it a potential investment for individual use or rental. After launch in January 2024, this project is expected to start the possession by 2028. The RERA approval process is still awaited. Get your new home at exclusive rates to avail extra rental income.
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