Hostel with multiple colleges nearby For Sale In Sitapur Road, Lucknow

Listing ID: SL009199
Posted By: Owner
Last Active: 1+ year ago
Verified User Information

Product / Service

Hostel Service.
Twin sharing 15 rooms

Clientele type

There are 7-8 colleges in the nearby area, most students are coming from there.


Premises is owned. The total carpet area of the premises is 3,000Sq Ft
In1,500Sq Ft hostel is constructed.
There are 13 rooms in total and each room has its separate washroom.
On the first floor, there are 6rooms and on the 2nd floor, there are 7 rooms
Each room is 10feet by 12feet.

Asking Price Includes

Entire business, Land and building.


Want to invest in another property

Other Details

It's a Good Business for Life long rental income, not only you will get rent Even your property rates will be doubled in the coming years so that your present investment will return within 2 years.
At present I each room we are accommodating only 2 persons, but can accommodate 3 as well.
INR3,000 rent we are getting from each room.
There are 7-8 colleges in the nearby area, most students are coming from there.
Within 500m there are many other hostels also.
Approximate per-month expenses of the hostel are INR15,000
Hostel Building is semi-furnished.
At present all the rooms of the hostel are equipped.


Business Tags

Central Location High Potential High ROI Large customer base Low Investment Prime Location Profitable Well-established

₹10 to ₹100 Cr

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