Description

Prime Commercial Plot With Residential Flexibility In Cambridge Layout

For investors seeking strategic property acquisitions with capital gains tax optimization, this is an exceptional opportunity.

Located on the highly desirable Sai Baba Temple Road in Cambridge Layout, this property offers a unique blend of residential registration potential and prime commercial development prospects.

Key Features:

• Strategic Location: Situated on a 50-foot wide road, ensuring excellent visibility and accessibility.
• BDA Plot: Spanning a generous 5000 sq ft (50 ft x 100 ft), providing ample space for development.
• High FAR: Benefit from a Floor Area Ratio (FAR) of 2.75, allowing for significant vertical expansion.
• Residential Registration Advantage: The existing old house on the plot can be registered as a residential property, enabling you to fulfill capital gains tax requirements.
• Future Commercial Potential: After the mandatory holding period (typically 3 years), the property can be seamlessly converted into a high-yielding commercial space.
• Rental Income Potential:
  • Ground Floor and First Floor: Estimated rental yield of ₹175 per sq ft.
  • Second to Fourth Floor: Estimated rental yield of ₹70 per sq ft.

Capital Gains Tax Optimization:

This property's unique feature lies in its ability to be registered as a residential property initially. This allows you to utilize the provisions related to reinvesting capital gains from the sale of another property into a residential asset. This can significantly reduce or eliminate your capital gains tax liability.

Commercial Development Opportunity:

Cambridge Layout is a thriving commercial hub, making this plot ideal for a variety of commercial developments. The high FAR allows for substantial construction, maximizing your return on investment.

Investment Highlights:

Prime location with excellent connectivity.

Significant development potential with a high FAR.

Opportunity to optimize capital gains tax.

Strong rental income potential.

Reasonable and negotiable pricing.

This is a rare opportunity to acquire a prime commercial plot with the added advantage of residential registration for capital gains tax planning. Contact us today to schedule a viewing and explore this exceptional investment prospect.

BDA Site, North Facing, Site Dimension 50 × 100, Site Area 5000 Sq.Ft, 50ft Wide Road.

Price Rs.19 Crores (Rs.38,000/- Psft) Negotiable.

Brokerage 1%. ☎ 'Realty Corp' 9886025027