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Building for Working Professional’s Hostel

Landmark: near Papa Bakery

scheme 94 hostel feature

Building for Working Professional’s Hostel

Purpose: For Sale

Property Type: Hostel Building

Price Demand: 2.60 cr

Updated on:

Description

Finding fully furnished and budget-friendly accommodation can be a daunting task for employees who frequently move due to their job requirements, much like students searching for hostels in Indore. However, this presents a lucrative opportunity for real estate investors in India.

We’re excited to offer an excellent property situated in the fast-developing area of Scheme 94, near World Cup Square and Scheme 140 – a popular residential area. With 7 large rooms complete with washrooms, a little investment of time and money can transform this property into a prime destination for working professionals in the IT and other industries in and around Indore. We’re confident that this property will meet all your expectations and more.

Transforming a property like this into a hostel for working professionals involves some requirements apart from government approvals, aimed at creating a conducive, comfortable, and functional living space for individuals who are likely to have different needs and expectations compared to students or travellers typically associated with hostels.

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ABOUT This Property

Facing

East

Dimension

30x60

Super Built-up

5000 s.f.

Built Year

2018

Floor Levels

3

Bathrooms

7

Bedrooms

7

Possession

Ready To Move

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Property Details

Area

Scheme 140

City

Indore

Pincode

452016

Water Sources

Narmada connection

Furnishing

Unfurnished

Condition

Minor repairing required

Storage Space

Yes

Covered Parking

Yes

Special Features, if any

Property suitable for hostel of working professional

Features

Balcony: Yes

Lift: No

A.C.: No

Cooler: No

Geaser: No

Modular Kitchen: No

Dishwasher: No

24x7 Water Supply: Yes

CCTV Camera: Yes

Fire Fighting Systems: No

Gated Community: No

Pet Facility: No

Solar System: No

Solar Water Heater: No

Clubhouse: No

Gym: No

Swimming Pool: No

Kids Playarea: No

Deal Terms

Advance/Token

20%

Payment Period

3 months

Possession

Ready to move

Other Details

MPEB Charges

No

Parking Charges

No

Upfront Maintenance Charges

No

Sinking Fund Charges

No

Existing Loan

No

Guideline Value

Yet to update

Registry Cost

Yet to update

Registrar Office

Yet to update

Legal Status

Clear title, no past or present litigation

Bank Funding

upto 80%

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Top nearby landmarks

World Cup Square - 200 mtr

New District Court - 1 km

A.B. Road - 2.8 km

Palasia Square - 4.4 km

Bhanwarkua Square - 5.8 km

Crystal IT Park - 6.5 km

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