Prestige Avon offers strong rental yield potential, making it an ideal choice for investors seeking steady income and long-term value appreciation. Located in the fast-growing residential hub of Thanisandra Road, North Bangalore, this luxury project by Prestige Group attracts working professionals, expatriates, and high-income tenants, ensuring consistent rental returns.
Why Prestige Avon is a Strong Rental Yield Investment?
- Proximity to IT & Business Hubs – Located near Manyata Tech Park, Kirloskar Business Park, and Outer Ring Road, ensuring high rental demand.
- Growing Corporate Workforce – Increasing number of IT professionals and business executives seeking premium residences.
- Limited Supply of Luxury Rentals – High-end gated communities like Prestige Avon enjoy better rental appreciation.
- Prestige Brand Reputation – Prestige properties command premium rentals due to their quality, security, and amenities.
- Upcoming Metro Connectivity – The Nagawara Metro Station (Phase 2B) will further increase rental demand.
Rental Yield Potential at Prestige Avon
Rental yield refers to the percentage of returns investors earn from rental income relative to the property’s price.
| Apartment Type | Investment Cost (₹ Lakhs) | Expected Rent (₹/Month) | Annual Rental Yield (%) |
|---|---|---|---|
| 2 BHK (1200 – 1400 Sq. Ft.) | ₹1.2 – ₹1.5 Cr | ₹35,000 – ₹45,000 | 3.5 – 4.5% |
| 3 BHK (1600 – 1900 Sq. Ft.) | ₹1.8 – ₹2.3 Cr | ₹50,000 – ₹65,000 | 4.5 – 5.5% |
| 4 BHK (2200 – 2600 Sq. Ft.) | ₹2.8 – ₹3.5 Cr | ₹75,000 – ₹1,00,000 | 5 – 6% |
Rental Market Trends in Thanisandra Road
The Thanisandra Road real estate market has witnessed consistent rental growth due to its strategic location and corporate demand.
| Year | Average Rent for 2 BHK (₹/Month) | Growth (%) |
|---|---|---|
| 2020 | ₹28,000 | – |
| 2022 | ₹32,000 | +15% |
| 2024 | ₹38,000 | +18% |
| 2026 (Projected) | ₹45,000 | +20% |
How to Maximize Rental Yield at Prestige Avon?
- Furnish the Apartment – Fully-furnished homes fetch higher rental value and attract premium tenants.
- Target Corporate Leases – Leasing to MNCs and executives ensures higher rental prices and long-term tenants.
- Invest in Higher Floor Units – Apartments on higher floors with better views command premium rentals.
- Rent to NRIs & Expats – Prestige Avon’s luxury appeal attracts NRIs and foreign professionals, offering higher rents.
- Monitor Market Trends – Keeping track of rental demand fluctuations ensures optimal pricing strategy.
Impact of Connectivity on Rental Demand
Prestige Avon’s seamless connectivity makes it a top choice for renters:
- Nagawara Metro (Upcoming) – Enhances public transport convenience for working professionals.
- Close to Outer Ring Road & Bellary Road – Ensures fast access to IT parks, malls, and business districts.
- Proximity to Kempegowda International Airport – Ideal for corporate travelers and NRIs.
Conclusion
Prestige Avon offers strong rental yield potential, making it a profitable investment for passive income. Its prime location, high-end amenities, and connectivity advantages ensure consistent rental demand and value appreciation. Whether you’re looking for steady income or long-term growth, Prestige Avon is a high-return investment in Bangalore’s booming real estate market.