Invest in Prime Commercial Office Space at Purva Gainz, Bangalore

Unlock the potential for lucrative returns with Purva Gainz, a groundbreaking commercial office space offering in Bangalore by Puravankara Projects Ltd. Now open for sale, Purva Gainz presents a unique investment opportunity for those seeking Grade-A IT/ITES office spaces with the added benefit of earning rental income.

Key Features:

  • Undivided spaces [non-demarcated] starting from 550 Sq ft and multiples thereof.
  • Each 550 Sq. Ft. block comes with a designated Car Park space.
  • Ideal for investors looking to generate rental income; not suitable for self-occupancy or individual leasing.
  • Leasing options available through Puravankara Projects Ltd, ensuring hassle-free tenant arrangements.

Rental Income Distribution:

  • Rentals received will be shared proportionately among all owners on the floor.
  • Property management fee of 10% by PPL and applicable taxes will be deducted before distribution.

Attached Documents:

  • Cost sheet with Payment Schedule
  • Commercial Application Form (mandatory for application)

Bank Details for RTGS:

  • Bank: HDFC Bank Ltd.
  • Account No.: 05230350005842
  • MICR Code: 560240022
  • Bank Address: No. 8/24, Salco Center, Richmond Road, Bangalore – 560 025

Cost Breakup:

  • A. Super Built-up Area in Sq Ft (UDS): 550
  • B. Base Rate: Rs. 5,949 per Sq Ft (Agreement Value: Rs. 3,271,950)
  • C. Warm Shell Charges: Rs. 300 per Sq Ft (Rs. 165,000)
  • D. Provision of Infrastructure: Rs. 425,000
  • E. Advance Maintenance for 24 Months: Rs. 132,000
  • F. Service Tax on Advance Maintenance: Rs. 19,800
  • G. Total Cost Excl SD & Regn: Rs. 4,013,750

Payment Schedule:

  • Booking Amount: Rs. 3,00,000
  • 15 days from booking (minus booking amount): 15%
  • 45 days from booking: 85%
  • 100%

Additional Information:

  • Stamp Duty (SD) and Registration will be charged at actuals during registration.
  • Advance Maintenance & SD payable upon possession.
  • Statutory charges and government levies will be charged at actuals when applicable.
  • Service Tax breakup: Service tax 14%, Swachh Bharat cess 0.5%, Krishi Kalyan cess 0.5%.
  • Each 550 Sq foot of Super Built-up Area is entitled to one car parking space, at the developer’s discretion.

Seize this Investment Opportunity at Purva Gainz! Book with a minimal booking amount of Rs. 3,00,000 and explore the potential for substantial returns. Secure your space and witness the growth of your asset.