Residential Plot For Sale Arkavathy 16th Block- Bangalore– A Prime Investment Opportunity
Arkavathy 16th Block, located in one of Bangalore’s emerging neighborhoods, presents an incredible opportunity for homebuyers and investors seeking to own a residential plot in a fast-developing area. This gated community plot, which spans 1200 square feet, offers a perfect blend of comfort, accessibility, and security. With an attractive pricing structure and a strategic location, this plot is ideal for constructing a dream home that promises both comfort and value.
Location Overview: Arkavathy 16th Block
Arkavathy 16th Block is situated in a thriving part of Bangalore that has experienced steady growth over the years. The locality is well connected to major roads and essential services, ensuring that future residents can enjoy both tranquility and convenience. With the city’s rapid urbanization and infrastructure development, this area is poised to become one of the most desirable residential neighborhoods in the city.
The plot’s prime east-facing direction makes it particularly advantageous for vastu-conscious buyers. The neighborhood is a peaceful and well-maintained area, providing the perfect setting for a serene lifestyle, yet close enough to bustling commercial and social hubs to ensure that all amenities are within easy reach.
Plot Specifications and Features
- Plot Type: The plot is part of a gated community, offering a secure and private environment that enhances the sense of community. Gated communities are increasingly popular due to the added security features they provide, such as surveillance cameras, security guards, and restricted access, ensuring a peaceful and safe living experience.
- Plot Dimensions: The plot has dimensions of 30 feet by 40 feet (30×40), totaling 1200 square feet. These dimensions are ideal for constructing a compact yet comfortable home. The area is large enough to create a spacious independent house with modern amenities, yet it remains manageable for those looking for a more intimate living space.
- Total Plot Area: With a total area of 1200 square feet, this plot offers the perfect balance between space and convenience. It is large enough to build a family home with a garden, parking space, and other amenities, without requiring extensive upkeep.
- Facing: The plot is east-facing, which is considered auspicious for residential properties. An east-facing plot is favorable for maximizing natural light and ventilation in the home, creating a harmonious environment according to vastu principles.
- Approach Road: The property is located on a 30-foot wide road, which provides easy access and ensures smooth traffic flow. A 30-foot road is a key feature for residential plots, as it adds value to the property by making it accessible and suitable for all types of vehicles.
- Water Source: The plot is equipped with a borewell, ensuring a reliable source of water for daily needs. While borewell water is a common source in many areas, it is important to note that it is often subject to local water table conditions, making it vital for buyers to check the water availability in the long term. However, the borewell here is functional, offering a consistent water supply for the immediate future.
- Boundary Wall: The property already has a boundary wall constructed around the perimeter. This is an important feature as it ensures privacy, security, and protection from any external disturbances. The completed boundary wall also saves the buyer the time and cost involved in constructing it themselves.
Legal Compliance and Documentation
- BDA Katha: The property comes with BDA Katha, a crucial legal document issued by the Bangalore Development Authority. This certification ensures that the property is legally recognized for residential purposes. The BDA Katha also confirms that the land is free from encumbrances, making it a secure investment for potential buyers.
- DC Conversion: While this plot is not DC (District Collector) converted, it is important to clarify that the absence of DC conversion does not affect the legality of the property for residential construction in this particular locality. Buyers are advised to consult local authorities to confirm any specific zoning regulations, but in general, plots with BDA Katha and situated in developed localities like Arkavathy 16th Block are typically eligible for residential construction.
Pricing and Negotiability
- Price per Square Foot: The plot is priced at Rs. 9,300 per square foot. Considering the area’s growth potential and its prime location, this price is highly competitive. This price point offers significant value for those seeking a residential property in a developing area, making it an ideal investment opportunity.
- Total Price: The total cost for the 1200 square feet plot comes to Rs. 1.20 Crore. Given the price per square foot and the neighborhood’s future prospects, this is a reasonable price for a residential plot in a gated community. The price reflects the value of the plot in the context of current market trends and its location in a rapidly growing area.
- Negotiability: The price for the property is negotiable, allowing potential buyers to discuss the price and reach a mutually agreeable deal. Negotiability adds flexibility and makes the property more accessible for buyers looking to get the best deal for their budget. It is advisable for interested parties to initiate discussions and explore the possibility of securing a more favorable price.
Investment Potential and Growth
Arkavathy 16th Block is located in a fast-developing area that has witnessed steady appreciation in property values. With ongoing infrastructure development and the expansion of the city’s commercial and residential sectors, the area is poised for significant growth in the coming years. The plot’s location within a gated community adds to its appeal, offering a secure and desirable living environment that is increasingly sought after in Bangalore.
Real estate in this area is expected to continue appreciating due to several factors:
- Proximity to Major Hubs: The plot is strategically located with easy access to major roads, retail centers, educational institutions, hospitals, and other essential services.
- Development in Infrastructure: Continuous improvement in infrastructure, such as roads, public transport, and utilities, will only increase the desirability of this area.
- Demand for Residential Properties: As more people migrate to Bangalore for work, education, and lifestyle choices, the demand for quality residential plots in gated communities is bound to rise.
Investing in this plot offers long-term benefits, with the potential for significant returns as the area’s real estate market matures and develops further.
Ideal for Dream Homes
The plot’s size and location make it perfect for building a personalized home. The 30×40 dimensions are ideal for constructing a two-story house with a garden, parking space, and modern amenities. Whether you envision a traditional home or a contemporary design, the plot provides ample space to create a living space that reflects your unique style and preferences.
Given the east-facing orientation, homes built on this plot will benefit from natural sunlight throughout the day, contributing to energy efficiency and a positive ambiance. The plot’s positioning within a gated community also ensures that future residents enjoy privacy, security, and a sense of community.
Conclusion: A Prime Opportunity
This residential plot in Arkavathy 16th Block offers an excellent opportunity for buyers looking to build their dream home in a prime location. With a reasonable price per square foot, a total area of 1200 square feet, and the convenience of being part of a secure, gated community, this plot presents a valuable investment.
The plot’s legal compliance with BDA Katha and its prime location make it a sound choice for anyone looking to invest in Bangalore’s thriving real estate market. Whether you are looking to create your dream home or seeking a high-potential investment opportunity, this property offers both security and growth potential in an increasingly popular area.
Don’t miss out on the chance to own this beautiful piece of real estate in one of Bangalore’s most promising neighborhoods. Reach out today to discuss this exciting opportunity further and secure your investment in Arkavathy 16th Block.