G+6 hostel building for sale in Nanakramguda, Gachibowli, 200 sq yd plot, 48 rooms

A new G+6 building suited to a hostel is for sale in Nanakramguda, Gachibowli, Hyderabad, next to the Wave Rock building and near Google's own building and the Financial District. The asking price is ₹8.75 crore, and the seller says it is slightly negotiable (about ₹4.38 lakh per sq yard). The booking amount is ₹5 lakh. Plot: 200 sq yards (36 x 50 ft), west facing, on a 30 ft road. Built up area is about 11,500 sq ft, with 8 rooms on each of the 6 floors, so 48 rooms in all. It has a 63 kVA transformer. Expected rent is ₹7 lakh to ₹7.30 lakh a month. The surroundings are fully commercial high rise buildings. The Wave Rock building is only 750 m away and the ORR is 900 m away. The page lists the building as semi furnished (fans, geysers and lights) and ready to move in. It was due to be finished on 30 June 2026, with one month of grace period. Please note the GHMC permission is for stilt plus 2 floors, and the remaining floors were regularised when the BRS scheme came. Check the approvals and papers yourself before you pay anything. The picture shown is a computer-made image of the building, not a photo of the finished building.