Residential Plot For Sale in Hennur Road- Bangalore
1. Location: Hennur Road
- Hennur Road, situated in North Bangalore, is a rapidly developing area known for its accessibility to major parts of the city and proximity to important infrastructures like tech parks, educational institutions, hospitals, and shopping centers. Over the years, Hennur Road has transformed into a popular residential hub, attracting a mix of working professionals and families. The area’s connectivity to the Kempegowda International Airport and key neighborhoods like Hebbal, Manyata Tech Park, and Outer Ring Road makes it highly desirable for property investment.
2. Community Type: Gated Community
- This plot is located within a gated community, which brings a layer of security and exclusivity. Living in a gated community has numerous advantages, such as controlled access, surveillance, and a well-maintained environment. Gated communities often feature additional amenities like parks, walking tracks, and playgrounds, fostering a close-knit neighborhood environment. For families and individuals looking for safety and a peaceful lifestyle, a gated community can be an excellent choice, offering privacy and a sense of belonging.
3. Property Use Type: Residential
- This plot is designated for residential use, ideal for building a personal home or investment property. Residential plots within gated communities provide a tranquil living environment, away from the city’s hustle and bustle, while still ensuring easy access to necessary conveniences. Investing in residential land in fast-developing areas like Hennur Road often yields good returns, as the demand for housing continues to rise. This property offers an excellent opportunity to build a custom home that aligns with one’s lifestyle preferences.
4. Katha Type: B-Khata
- The property is classified as B-Khata. B-Khata properties refer to land parcels that are yet to be fully regularized under municipal regulations, often due to pending formalities or documentation updates. B-Khata properties may require additional procedures for conversion into A-Khata if the owner wishes to facilitate further legal flexibility, such as obtaining bank loans. Potential buyers should consult with a legal expert to understand the implications of a B-Khata classification and assess any required documentation or compliance with local laws.
5. Plot Dimensions: 40×60 Feet
- The plot dimensions are 40 feet by 60 feet, offering ample space for a spacious home design. With a total area of 2400 square feet, this plot can accommodate a sizeable residence with multiple rooms, gardens, parking, and other amenities as per the owner’s requirements. A larger plot like this provides the flexibility to plan a well-ventilated home with an open design, allowing for the inclusion of amenities like a garden, backyard, and dedicated parking space, enhancing the overall living experience.
6. Total Plot Area: 2400 Square Feet
- Spanning 2400 square feet, this plot offers generous space for constructing a large, comfortable home. This area is substantial enough to build a multi-level house, making it an excellent choice for families who prefer a spacious residence. The larger area also provides room for adding luxury elements such as outdoor seating, landscaping, or even a private swimming pool, depending on one’s preferences and needs.
- Residential Plot For Sale in Hennur Road- Bangalore
7. Facing of Plot: North-West Corner Plot
- The plot is a North-West corner plot, which is highly desirable among homebuyers for its aesthetic appeal, natural light, and ventilation advantages. Corner plots generally have better access to sunlight and breeze, as they are bordered by roads on two sides, allowing for a more open feel. Many people believe that corner plots offer enhanced privacy and greater design flexibility. North-West facing plots are also popular according to traditional vastu principles, as they are thought to bring good fortune and prosperity.
8. Approach Road Size: 30 Feet
- The approach road leading to the plot is 30 feet wide, ensuring convenient accessibility for vehicles and providing a spacious entrance. A wider road can accommodate larger vehicles and offers a smoother traffic flow, adding to the convenience for residents. This is especially advantageous in a residential setting, as it minimizes congestion and enhances the ease of movement. For property investors, wider roads can also positively impact the property’s value over time.
9. Water Source: Borewell
- The property’s water source is a borewell, a common and reliable solution in areas where municipal water supply may be limited. Borewells provide an independent water source, though it’s recommended to have water quality and availability tested to ensure sustainable use. In Bangalore, borewell water is a widely accepted solution, especially in developing areas. Prospective buyers should consider implementing efficient water management systems to maximize the utility of this water source.
10. Boundary Wall Status: Not Constructed
- Currently, the property does not have a boundary wall, giving potential buyers the flexibility to design and construct a wall that suits their aesthetic and security needs. A boundary wall not only defines the plot limits but also enhances security, privacy, and curb appeal. Many gated communities mandate the construction of boundary walls to maintain uniformity and a cohesive look. Prospective buyers might want to consider budgeting for a boundary wall to safeguard the property.
11. Price per Square Foot: ₹6,500
- The asking rate for this property is ₹6,500 per square foot, which aligns with current market trends for residential plots in gated communities along Hennur Road. This price per square foot reflects the area’s demand and the amenities offered within the gated community. For buyers, it’s advisable to compare this rate with other properties in the locality to assess its competitiveness and potential for appreciation.
12. Total Price: ₹1.56 Crore
- The total price for the plot is ₹1.56 Crore, calculated based on the per square foot rate and the total plot area of 2400 square feet. This investment reflects the potential of the property in a rapidly developing locality with significant infrastructure and urban development projects. Buyers should consider this price in the context of future returns, as land values in Bangalore’s northern belt have consistently risen, driven by infrastructural growth and increased demand.
13. Negotiable Pricing
- The price for this plot is negotiable, which offers buyers an opportunity to discuss and potentially secure a lower price within a reasonable range. Negotiable pricing is advantageous, as it provides flexibility for both the buyer and seller to reach a mutually agreeable rate. Buyers are encouraged to leverage this aspect during negotiations to secure the best possible deal, keeping in mind the property’s prime location and amenities.
Investment Potential and Summary
This North-West corner plot on Hennur Road represents a valuable investment opportunity in a growing area of Bangalore. With 2400 square feet of space, the plot is ideal for building a spacious residence within a gated community, offering privacy, security, and community living. The area’s development trajectory, coupled with ongoing infrastructure projects, indicates promising appreciation in property values, making this plot a strategic choice for investors and homebuilders alike.
Prospective buyers can appreciate the flexibility offered by the B-Khata classification, the option to construct a boundary wall, and the potential for price negotiation. Given the area’s connectivity and amenities, this property is well-suited for those seeking a blend of urban convenience and residential tranquility. Whether used as a personal residence or as a long-term investment, this plot provides the foundation for creating a comfortable, high-quality living space in one of Bangalore’s prominent neighborhoods.
