Overview
METROPOLIS OakTown (Pre-Leased Apartment Building) SALE OFFER INFORMATION
Metropolis Properties Pvt. Ltd. is proud to present OakTown 2 BHK Apartments for sale located at upcoming IT hub of Sarjapura, Bangalore.
- Total land area of One Acre and Six Guntas (50,094 SFT) with Clear Title.
- Approved by BMRDA (Bangalore Metropolitan Regional Development Authority)-Anekal.
- OakTown is located at the intersection of 5 Roads (as per Master Plan – 150 feet wide roads).
- Located next to SABIC Company and surrounded by upcoming Azim Premji University (APU), WIPRO SEZ and InfoSys SEZ.
- Each block consists of basement/stilt parking and 5 upper floors with 35 Apartments ( Seven Apartments on each floor) and total of 3 blocks (105 apartments).
- At present, construction started for Central block with 35 apartments.
- Entire Central Block is PRE-LEASED to APU for their student hostel accommodation for FOUR years starting from June 2017 to May 2021. Each Apartment will get a guaranteed monthly rental income of Rs.14,000/- APU pays all the maintenance expenses.
- Good possibility of extending the lease by APU for a year or more. Since OakTown is surround by future growth area, it might have a better future appreciation.