Commercial Plot For Sale in Hegde Nagar- Agrahara Main Road
Situated in one of the most strategic and developing areas of Bangalore, this commercial plot is an excellent investment opportunity for those looking to capitalize on the thriving business environment. Located on Hegde Nagar, Agrahara Main Road, this individual commercial plot offers immense potential for various commercial developments. Whether you are planning to build an office complex, retail store, or mixed-use development, this property provides the ideal foundation.
Below is a detailed breakdown of the plot, its features, and why it could be the perfect location for your next commercial project.
Property Overview
- Location: Hegde Nagar, Agrahara Main Road, Bangalore
- Individual/Gated Community: Individual
- Residential/Commercial: Commercial Plot
- Plot Dimension: 50 feet x 200 feet
- Total Plot Area: 10,000 sq. ft.
- Facing of Plot: North
- Approach Road Size: 30 Feet
- Water Source: Borewell
- Boundary Wall Status: Not Done
- Price Per Sq. Ft.: ₹8,500
- Total Price: ₹8.5 Crore
- Negotiable: Yes
1. Strategic Location in Hegde Nagar, Agrahara Main Road
The plot is located in Hegde Nagar, a rapidly developing area in the northern part of Bangalore. Situated along the bustling Agrahara Main Road, this location benefits from excellent connectivity and visibility. The area is witnessing increased demand for commercial spaces due to its proximity to key IT hubs, residential areas, and well-established infrastructure.
With Bangalore being a leading tech city, areas like Hegde Nagar are becoming prime spots for businesses ranging from retail outlets to corporate offices. This is a high-traffic area, which means your business will have great exposure, making it an ideal location for commercial ventures.
In addition to its accessibility to major roads and highways, the plot is in close proximity to key landmarks like educational institutions, hospitals, shopping malls, and entertainment centers, which ensures a steady stream of customers and clients.
2. Ideal Dimensions for Commercial Development
The plot offers a total area of 10,000 square feet, with dimensions of 50 feet by 200 feet. This ample space is perfect for developing a variety of commercial projects such as:
- Office Complexes: Ideal for setting up a multi-story office building.
- Retail Outlets: The size is suitable for a large showroom, retail stores, or even a chain outlet.
- Mixed-Use Development: With its size and dimensions, the plot is also ideal for a mixed-use development featuring commercial offices, retail space, and even residential units.
The north-facing orientation further enhances the plot’s appeal as it ensures optimal sunlight and ventilation, a crucial factor for any commercial property. Whether you’re building a high-rise office tower or a large commercial complex, the north-facing plot will provide natural lighting and a welcoming atmosphere.
3. Accessibility and Approach Road
One of the key advantages of this commercial plot is its 30-foot wide approach road. A wide access road is a vital factor for commercial properties as it ensures ease of movement for employees, clients, and goods. Whether you plan to build a retail store, an office space, or a restaurant, a wide approach road ensures smooth traffic flow and accessibility, especially for delivery trucks or customer vehicles.
Additionally, the plot’s location along Agrahara Main Road ensures direct access to major city roads, enhancing connectivity to other parts of Bangalore. With proximity to key arterial roads and public transport hubs, the plot is well-suited for businesses that need to cater to large customer bases or connect with other businesses.
4. Water Source: Borewell
The availability of borewell water is a significant advantage for the property. Water supply can sometimes be a challenge in urban areas, but the presence of a borewell ensures a continuous, reliable water source. For businesses such as restaurants, showrooms, offices, or any commercial establishment that relies on a stable water supply, this is a key benefit.
Additionally, the borewell offers long-term sustainability in terms of water availability, particularly in a city like Bangalore where infrastructure development is progressing rapidly. The presence of a borewell can also lower operational costs for the property owner, as you won’t have to rely on external water suppliers or municipal systems.
5. Flexibility in Design and Development
With no boundary wall constructed yet, the plot offers the new owner the flexibility to customize the property according to their needs. Whether you wish to build a single-storey retail space or a multi-story commercial complex, you have the liberty to design and construct the boundary wall and access points as per your vision.
The absence of a boundary wall is also an advantage for buyers looking to integrate the plot into larger development projects or who may want to integrate the plot into adjacent properties for a more extensive commercial development.
6. Competitive Pricing and Investment Potential
At ₹8,500 per square foot, this property is competitively priced for a commercial plot in one of Bangalore’s developing areas. With a total price of ₹8.5 crore, it represents an excellent opportunity for investors and businesses looking to secure a high-value property in a city known for its booming real estate market.
The negotiable pricing adds an additional advantage, as potential buyers can enter into discussions to arrive at a price that aligns with their budget and investment strategy. This flexibility in pricing ensures that the property is an attractive option for both individual investors and commercial developers.
Bangalore’s real estate market continues to witness steady growth, and with the rapid urbanization of areas like Hegde Nagar, this plot is poised to appreciate in value over time. Investing in commercial real estate in Bangalore is considered a secure and lucrative option, especially with the city’s thriving economy and strong demand for office space, retail, and commercial establishments.
7. Benefits of Commercial Real Estate in Bangalore
Investing in commercial real estate in Bangalore provides several advantages, including:
- High Demand for Commercial Spaces: Bangalore is a hub for IT, retail, education, and healthcare, all of which generate constant demand for commercial spaces.
- High Rental Yields: Commercial properties in Bangalore have historically offered good rental yields, making them an attractive investment for long-term income.
- Capital Appreciation: Due to the city’s expanding infrastructure, commercial properties typically experience strong capital appreciation over time.
- Diverse Business Potential: The plot’s size and location open up various options for businesses, from retail to corporate offices, making it a versatile asset.
8. Why Choose This Plot in Hegde Nagar?
- Strategic Location: Located along the high-traffic Agrahara Main Road, the plot enjoys excellent visibility and connectivity to key parts of Bangalore.
- Ideal Dimensions: The 50×200 feet dimension provides ample space for a variety of commercial developments.
- Water Supply: Borewell ensures a reliable water source for businesses operating on-site.
- Flexibility: The plot is free from boundary walls, allowing you to design and customize the property as per your requirements.
- Great Investment Opportunity: With competitive pricing and a growing area, this plot offers tremendous potential for appreciation.
Conclusion
This 10,000 sq. ft. commercial plot in Hegde Nagar, Agrahara Main Road, presents an exceptional opportunity for businesses and investors looking to develop a commercial property in one of Bangalore’s prime areas. Whether you’re looking to build an office, retail complex, or mixed-use space, this plot offers the space, connectivity, and growth potential that make it an attractive investment.
With its strategic location, ample space, and competitive pricing, this commercial plot is an opportunity that should not be missed. For more details or to schedule a site visit, feel free to contact us.