108 Elevate
Viman Nagar
- Booking Amt - 100000*
Property Description
108 Elevate, Viman Nagar, Pune – Fully Furnished Pre-Leased Studio Apartments with Assured Rental Income
Invest in a Managed Rental Asset in One of Pune's Most Sought-After Locations!
Introducing 108 Elevate by Rohit Group, an investment opportunity in Viman Nagar, Pune, featuring thoughtfully designed, fully furnished studio apartments with a professionally managed, 10-year lease arrangement operated by Union Living.
Designed for investors seeking rental income without the day-to-day responsibilities of property management, 108 Elevate combines a strategic location, managed living spaces and a structured rental arrangement.
Property Highlights
Project: 108 Elevate
Developer: Rohit Group
Location: Viman Nagar, Pune
Property Type: Fully Furnished Pre-Leased Studio Apartments
Configuration: Studio Apartments
Carpet Area: 272–281 Sq. Ft. (as per availability)
Special Launch Price: Starting ₹58 Lakhs (subject to availability)
Rental Income: ₹25,000 per month as per the supplied offer; confirm applicable lease terms
Lease Tenure: 10 Years
Rental Escalation: 15% every 3 years
Average Gross Rental Yield: Approximately 7% over 10 years, as illustrated in the brochure
Property Management: Union Living
MahaRERA Registration: PM1260002502706
Why Invest in 108 Elevate?
1. Pre-Leased Investment Opportunity
Own a studio apartment with a managed lease arrangement, offering a structured rental income model without the usual hassle of finding and managing tenants yourself.
2. 10-Year Fixed Lease Arrangement
Benefit from a long-term lease structure operated by Union Living, with rental payments governed by the agreed lease terms.
3. Attractive Rental Escalation
The lease structure features a 15% rental increment every three years, helping improve rental income over the lease period.
4. Professional Property Management
Union Living manages the resident experience, property operations and shared facilities, offering investors a more convenient ownership experience.
5. Prime Viman Nagar Location
Located in one of East Pune's established residential and commercial destinations, with proximity to the airport, IT parks, educational institutions and lifestyle destinations.
Location Advantages – Viman Nagar, Pune
108 Elevate enjoys a strategic location in Viman Nagar, surrounded by employment hubs, educational institutions, shopping destinations and essential conveniences.
Key nearby destinations include:
Pune International Airport – Approximately 600 metres
Panchshil Business Park
Giga Space IT Park
Sky One Corporate Park
Symbiosis Viman Nagar Campus
Phoenix Marketcity
Wider Kharadi employment corridor
The combination of corporate offices, educational institutions and airport connectivity supports the area's appeal among working professionals and students.
Fully Furnished Studio Apartments
Designed for comfortable and convenient urban living, the studio apartments offer thoughtfully planned spaces.
Features include:
Twin-bed studio configuration
Kitchenette
Balcony
Furnished living spaces
Efficient space planning
Smart and convenient living experience
Lifestyle Amenities
Residents can enjoy thoughtfully planned shared amenities, including:
Fully equipped gym
Swimming pool
Pool-table lounge
Home theatre
Coworking pods
Community lounge
Amenities and images are indicative and subject to the developer's final specifications.
Professionally Managed by Union Living
Union Living brings professional expertise in managed accommodation for students and working professionals.
The brochure highlights its operational experience of 5,000 beds across 25 properties.
Key management advantages include:
Professionally managed resident experience
Tenant and operational management
Fixed rental payments as per agreed lease terms
Shared amenities and community spaces
Simplified ownership experience
Investment Snapshot – 10-Year Rental Structure
The brochure illustrates the following rental schedule:
| Lease Period | Annual Rental Income |
|---|---|
| Years 1–3 | ₹3,00,000 per year |
| Years 4–6 | ₹3,45,000 per year |
| Years 7–9 | ₹3,96,750 per year |
| Year 10 | ₹4,56,262 |
Total Illustrative Rental Income Over 10 Years: ₹35.82 Lakhs
Average annual gross rental income: Approximately ₹3.58 Lakhs.
All rental figures are illustrative gross amounts. Actual payments and applicable conditions are governed by the executed lease agreement. Rental yield does not represent a guaranteed investment return.
Project Address
Survey No. 228/5, Near Symbiosis International School, Beside Gera Foliage, MHADA Colony, Viman Nagar, Pune – 411014.
Book Your Investment at 108 Elevate Today!
Looking for a professionally managed rental property in Pune?
Explore fully furnished pre-leased studio apartments at 108 Elevate, Viman Nagar, and discover an investment opportunity combining location advantages, a structured 10-year lease and professional property management.
Contact Shelter Mentors for Pricing, Availability and Complete Investment Details.
Shelter Mentors Pvt. Ltd.
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Quick Summary
- SANCTIONED TYPE : Residential
- RERA POSSESSION : December 2027
- CARPET AREA : 272-281 Sq.Ft
- FULLY FURNISHED : Yes
- ROI : 7%
- LOCK-IN PERIOD : 5 Year
- LEASE PERIOD : 10 Year
- MONTHLY STARTING RENT : ₹25000
- PARKING : Yes
- PRICE : ₹59 Lacs
- MAINTENANCE : Born by Tenant
108 Elevate, Viman Nagar, Pune