Residential Plot For Sale in Hennur Road- Bangalore
Located in the rapidly growing area of Hennur, this residential property presents a fantastic investment opportunity for those looking to build their dream home in one of Bangalore’s thriving locales. The plot is strategically placed in a sought-after neighborhood with excellent connectivity and infrastructure. With a total area of 2,210 square feet per plot, the property comprises two adjoining plots, each offering ample space for a variety of residential options. Let’s dive into the specifics and advantages of this property.
Location: Hennur
Hennur is one of the most desirable locations in North Bangalore, thanks to its accessibility, rapid urban development, and close proximity to essential amenities. Situated near key areas like Kalyan Nagar, HRBR Layout, and the Outer Ring Road, Hennur offers a balanced mix of serenity and connectivity, making it a perfect location for residential development.
In addition, Hennur has excellent road connectivity to other parts of the city, and major commercial hubs are just a short drive away. As the area continues to develop, properties in Hennur are likely to see a steady appreciation in value, making it an ideal location for both homebuyers and real estate investors.
Type of Property: Individual Plot
This property is an individual plot, meaning it is not part of a larger gated community. The advantage of purchasing an individual plot is the level of autonomy it offers in terms of design and construction. Buyers can build their home exactly how they envision it, without any restrictions often found in gated communities.
An individual plot can be a more flexible and customizable option, allowing homeowners to focus on their specific needs and preferences. It also ensures greater privacy and freedom when it comes to choosing neighbors, thus allowing the property owner to develop a space suited to their lifestyle.
Residential Zoning and Katha Status: E-Khata and B-Khata DC Converted
This property is classified as a residential plot, which makes it suitable for constructing residential buildings such as independent houses, villas, or even multi-family homes. The presence of both E-Khata and B-Khata statuses adds to the property’s appeal.
The E-Khata indicates that the property is legally recognized and compliant with the city’s regulations. This is important for ensuring smooth dealings when it comes to property taxes and legal approvals. The B-Khata status also ensures the property is listed for tax purposes by the BBMP (Bruhat Bengaluru Mahanagara Palike).
Furthermore, the property is DC converted, which means that it has been approved for non-agricultural use by the local government. This conversion from agricultural land to residential land is a key consideration for residential construction, as it confirms that the land is legally eligible for building homes or other structures.
Plot Dimensions: 74×30 (2 Plots)
The property consists of two plots, each measuring 74 feet in length and 30 feet in width, totaling 2,210 square feet per plot. With a combined area of 4,420 square feet, this space offers a variety of possibilities for construction. The size of the plot provides enough space for a large, comfortable residence, as well as additional outdoor features such as gardens, parking areas, or even recreational spaces.
For developers, the two adjoining plots offer the potential for multiple construction options, such as building two independent homes or one large residential building. The well-proportioned dimensions of each plot ensure that there is ample room for creativity and personalization when designing a home.
Plot Orientation: South-East Facing
The property is south-east facing, a direction that is generally considered auspicious in Vastu Shastra, the traditional Indian architectural system. A south-east facing plot is known to allow natural sunlight to enter the home during the morning hours, which is believed to promote positive energy and health for the residents.
South-east facing homes are typically thought to enhance the prosperity and well-being of the inhabitants. This makes the property even more attractive to potential buyers who follow Vastu principles when designing their living spaces.
Approach Road Size: 30 Feet
The property is accessed via a 30-foot wide approach road, which offers excellent connectivity and accessibility. A wide road ensures that vehicles can easily move in and out of the property, providing both convenience and safety for the residents. A 30-foot road is also considered an ideal size for maintaining smooth traffic flow, which can help in managing congestion as the area continues to develop.
The presence of a well-maintained approach road also adds to the value of the property, as it signifies good infrastructure in the surrounding area. This can be a key factor for buyers who are looking for easy access to transportation and other essential services.
Water Source: Cauvery
The property’s water supply is sourced from Cauvery, which is one of the most reliable and widely used water sources in Bangalore. Cauvery water is treated and supplied by the Bangalore Water Supply and Sewerage Board (BWSSB), ensuring a consistent and safe water supply for the property.
Having Cauvery water as the primary source means that the property is well-equipped for daily needs without the worry of water scarcity. This is a significant advantage, especially in areas where borewells may not provide adequate water supply or where water quality may be a concern.
Boundary Wall Status: Boundary Wall Completed
One of the benefits of this property is that the boundary wall has already been constructed. The boundary wall ensures privacy and security for the property and demarcates the land clearly, preventing encroachments. The completed boundary wall also means that the buyer does not need to invest time or additional money in constructing it, offering immediate peace of mind regarding property security.
The presence of a strong and well-built boundary wall adds to the overall value of the property, as it enhances its safety and ensures that the property is well-defined.
Residential Plot For Sale in Hennur Road- Bangalore
The asking price for this property is ₹7,500 per square foot, which is competitive for a prime location like Hennur. Considering the property’s size and its strategic position, the total price for the two plots amounts to ₹1.66 Crore (1.66CR).
While the price per square foot is on the higher side, the location, dimensions, and development potential of the property justify the price. As Hennur continues to grow in popularity and real estate values continue to rise in the area, this property is likely to appreciate over time, offering long-term value for investors.
Negotiability of Price
Another appealing aspect of this deal is the negotiability of the price. The flexibility in pricing gives potential buyers an opportunity to discuss terms with the seller and potentially reach a more agreeable amount. This negotiability can provide additional value for buyers who are working with a set budget or are looking for a deal that aligns more closely with their financial plans.
Conclusion
In summary, this residential property located in Hennur offers a compelling opportunity for anyone looking to invest in a prime location in Bangalore. With its advantageous features, such as a favorable south-east facing plot, reliable water supply from Cauvery, and a solid boundary wall, this property stands out in the market.
The plot dimensions, totaling 4,420 square feet, offer ample space for constructing a comfortable and expansive home, while its status as DC converted land ensures that buyers can legally develop the property without additional complications. The asking price of ₹1.66 Crore is reasonable given the area’s ongoing growth and development, and the negotiability of the price adds a further level of flexibility for potential buyers.
For those seeking an individual plot that offers autonomy, convenience, and value in a fast-developing part of Bangalore, this property in Hennur is an excellent choice.
