Commercial Plot For Sale in Arkavathy 15th Block- Bangalore

Commercial Property for Sale in Arkavathy 15th Block – Prime Location for Business Ventures

If you are looking for a prime commercial property in one of Bangalore’s fast-developing neighborhoods, this individual plot in Arkavathy 15th Block is an excellent opportunity. This well-located 2400 square feet commercial plot is perfect for building a wide range of commercial establishments, including offices, retail outlets, or showrooms. With its strategic location, legal clearances, and competitive pricing, this plot is poised to become a valuable asset for any business venture.

Location Overview: Arkavathy 15th Block

Arkavathy 15th Block is located in one of Bangalore’s emerging and rapidly growing commercial areas. The plot’s location in the 15th Block makes it a prime spot for businesses looking to cater to the city’s growing demand for retail, office, and service space. The area offers a peaceful residential environment while still being close to key commercial hubs and major transportation routes.

As Bangalore continues to expand, areas like Arkavathy 15th Block are becoming increasingly sought-after due to their proximity to central locations, growing infrastructure, and availability of essential services. With easy access to nearby roads, educational institutions, hospitals, and other commercial hubs, this area is becoming an attractive option for those looking to establish businesses in a well-connected, emerging locality.

Plot Specifications and Features

• Plot Type: The plot is an individual commercial property, offering more flexibility than a property within a gated community. The individual property type allows for greater customization, ideal for buyers looking to set up a unique business environment. Whether you are considering a retail outlet, office space, or any other commercial venture, this plot gives you the freedom to build as you see fit.
• Plot Dimensions: The dimensions of the plot are 40 feet by 60 feet (40×60), providing a total area of 2400 square feet. These dimensions are ideal for a variety of commercial establishments, offering ample space for construction, parking, and even outdoor signage or branding. The size of the plot is perfect for businesses that require both foot traffic and a spacious setup, ensuring versatility in design and usage.
• Total Plot Area: With a total area of 2400 square feet, this commercial property provides enough space to accommodate a large building, parking facilities, and landscaping, while leaving room for future expansion. The plot is large enough to host multiple floors, catering to businesses that require several levels of commercial space. The expansive area also gives you the flexibility to divide the plot into sections for different business units, maximizing its utility and revenue potential.
• Facing: The plot faces west, which is an advantageous feature for commercial properties. A west-facing property can receive a good amount of sunlight in the evening, making it a desirable location for retail shops, restaurants, or offices. The facing direction is crucial for establishing the ambiance of the business, as it impacts the natural lighting and visibility of the property during different times of the day.
• Approach Road Size: The plot is accessible via a 30-foot wide road, which ensures easy accessibility and good traffic flow. A 30-foot road is ideal for commercial properties as it allows smooth movement of vehicles and customers, ensuring convenience for both business owners and clients. With a wide approach road, businesses can also expect better visibility and higher foot traffic, especially for retail or service-oriented establishments.
• Water Source: The property is equipped with a borewell for water supply, providing a reliable and independent water source for commercial purposes. While the water supply from a borewell is commonly used in areas with adequate groundwater, it is essential to verify the water table in the area for long-term sustainability. However, the presence of a borewell ensures that the property is not dependent on municipal water supply, making it a self-sufficient property for commercial usage.
• Boundary Wall: The property already has a boundary wall constructed, ensuring that the plot is secure and well-defined. The boundary wall adds to the overall privacy and safety of the commercial establishment, which is an important factor for businesses that require restricted access. Having the boundary wall already done also saves the buyer time and money, ensuring that the property is ready for immediate use.

Legal Compliance and Documentation

• BDA Katha: The property comes with BDA (Bangalore Development Authority) Katha, a legal certificate issued by the Bangalore Development Authority that confirms the property is recognized under Bangalore’s development regulations. Having BDA Katha ensures that the property is free from legal disputes and is compliant with all local zoning regulations. This makes the property a safe investment, with clear legal ownership and authorization for commercial use.
• DC Conversion: The plot is not DC (District Collector) converted. While DC conversion is typically required for agricultural land to be used for residential or commercial purposes, its absence does not affect the eligibility of this property for development in a well-established area like Arkavathy 15th Block. As this property is part of a developed urban area with BDA Katha, it is already designated for commercial purposes, ensuring that the lack of DC conversion does not impact the property’s ability to be used for business purposes.

Pricing and Negotiability

• Price per Square Foot: The property is priced at Rs. 10,200 per square foot, which is a competitive price for a commercial property of this size and location. Considering the area’s development potential and growing commercial demand, the price per square foot offers significant value for businesses looking to set up a presence in the area.
• Total Price: The total cost of the 2400 square feet plot is Rs. 2.45 Crore. For buyers looking to invest in a commercial space with excellent growth potential, this price is reasonable given the strategic location of the plot in Arkavathy 15th Block. The price offers excellent value when compared to similar properties in other commercial areas of Bangalore.
• Negotiability: The price of the property is negotiable, offering buyers the flexibility to discuss terms and secure a deal that works within their budget. The negotiable aspect makes this property even more attractive for investors and businesses looking to make a profitable investment. Potential buyers are encouraged to engage in discussions with the seller to explore possible adjustments to the price.

Investment Potential and Growth

Arkavathy 15th Block is a rapidly developing area that is gaining significant attention from both residential and commercial buyers. With its proximity to major transportation routes, retail hubs, and business districts, the area is expected to experience continued appreciation in property values. As businesses flock to the area in search of space, the demand for commercial properties will continue to rise, making this plot a highly attractive investment.

Several factors contribute to the growing potential of Arkavathy 15th Block:

1. Infrastructure Development: Ongoing improvements in road networks, public transport, and utilities are set to increase the area’s accessibility and desirability. As connectivity improves, more businesses will seek commercial space in the area.
2. Commercial Demand: With an increasing number of businesses looking for space in well-connected parts of the city, Arkavathy 15th Block is becoming a hotspot for new commercial ventures, including retail outlets, offices, and service centers.
3. Future Growth: As Bangalore expands outward, areas like Arkavathy 15th Block will see a steady rise in property values, offering investors long-term capital appreciation.

Ideal for a Variety of Commercial Ventures

The size and location of this plot make it ideal for a range of commercial ventures. With 2400 square feet of space, there is ample room to develop multi-story commercial buildings, office spaces, retail outlets, or even a mixed-use development. The plot’s west-facing direction ensures visibility during the evening, making it perfect for businesses that rely on foot traffic, such as restaurants, showrooms, and retail stores.

Conclusion: A Sound Investment for Commercial Ventures

This individual commercial plot in Arkavathy 15th Block offers an ideal opportunity for businesses looking to establish themselves in a growing, well-connected area. With a competitive price, strategic location, legal clarity, and the potential for future growth, this property is a smart investment for entrepreneurs, investors, and businesses.

Whether you are looking to build a new commercial space or expand your existing business, this plot provides the flexibility and space required to meet your needs. The negotiable price, along with its prime location and legal status, makes it an attractive prospect for anyone seeking commercial real estate in Bangalore. Don’t miss out on the opportunity to invest in this thriving neighborhood – contact us today to explore this exciting offer further.