Is building 20 rooms in residential area commerical?

Ganesh K (Querist) 23 January 2024 This query is : Resolved
I have a property in Karnataka in which I am planning to build 20 rooms which I am planning to give to students on per person rent basis or per room rent basis. The property is in the residential area. I don't provide any other services like meal or anything. They just get to stay there. Will this be treated as commercial building?

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The discussion clarifies whether building 20 rooms in a residential area in Karnataka to rent out to students constitutes a commercial property. The consensus is that if the rooms are solely for residential purposes without additional services like meals, it remains classified as residential. Letting these rooms to students for study purposes is not considered a commercial activity and the building's nature will remain residential.

kavksatyanarayana (Expert) 23 January 2024
It will not come under commercial building when you will give only for residential purposes.

T. Kalaiselvan, Advocate (Expert) 23 January 2024
It is not a commercial activity.
It is a normal tenancy

Advocate Bhartesh goyal (Expert) 24 January 2024
Letting building situated on residential areato students for study purpose does not come under commercial activity and it's nature will be remained residential.

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