Description

C79

Premium 10,198 Sq. Ft. Land for Sale / Joint Development in Horamavu Agara

Corner Property | 40-Ft Main Road | A-Khata | DC Converted | 2 Borewells | High-Demand School Zone | ₹10,000/Sq. Ft.

A rare opportunity to acquire a large 10,198 sq. ft. land parcel in Horamavu Agara, strategically positioned on a 40-feet main road approach and offering the additional advantage of being a corner property. Located in a high-demand residential corridor of North-East Bengaluru, this property is particularly attractive for investors, developers, builders, and landowners looking for a Joint Development (JD) opportunity.

The property is stated to be A-Khata and DC Converted, offering important documentation advantages for prospective buyers and development partners. The site also comes with two borewells, approximately 1,600 feet and 1,000 feet deep, providing an additional water-resource advantage for the property.

The asking rate for an outright sale is ₹10,000 per sq. ft. Based on the stated land area of 10,198 sq. ft., the indicative total value works out to approximately ₹10.20 crore, excluding registration charges, taxes, and other applicable transaction expenses.

For developers interested in a Joint Development arrangement, the proposed terms are ₹1 crore goodwill, ₹1 crore advance, and a 50:50 sharing ratio, subject to detailed discussion, feasibility, legal due diligence, and mutually agreed development terms.

Prime Horamavu Agara Location

Horamavu Agara is a well-established and rapidly developing residential locality in North-East Bengaluru. Its strategic position provides access to several important neighbourhoods, including Horamavu, Kalyan Nagar, Hennur, Kothanur, Banaswadi, Ramamurthy Nagar, Thanisandra, Nagawara, and Hebbal.

The area has evolved significantly with the development of apartment communities, gated layouts, independent homes, schools, hospitals, retail establishments, restaurants, supermarkets, and commercial centres.

This property benefits from being located on a 40-feet main road approach, making it attractive not only for residential development but also for projects where road accessibility and ease of entry are important.

Corner Property Advantage

The property is a corner site, providing greater visibility and potential access advantages compared with an interior parcel.

A corner location can offer additional flexibility for planning entrances, internal circulation, parking, building frontage, and overall site utilisation, subject to applicable development regulations.

Combined with the 40-feet road, the corner positioning can make the property particularly attractive for developers considering a larger residential project.

The actual development potential should be established through a professional feasibility study based on the current master plan, zoning, road width, setbacks, FAR, TDR provisions, height restrictions, parking requirements, and applicable BBMP/BDA regulations.

10,198 Sq. Ft. Development Opportunity

With approximately 10,198 sq. ft. of land, this is significantly larger than a typical residential plot.

The size provides developers with an opportunity to explore a more substantial project rather than a single independent residence.

Potential development concepts may include premium apartments, residential units, villas, or other permitted developments, depending on zoning and approvals.

The property’s location in an established residential catchment further strengthens its development potential.

For a developer, the combination of land size, corner positioning, road access, and surrounding demand can make this a property worth evaluating for a residential development project.

A-Khata and DC Converted

The property is stated to be A-Khata and DC Converted, which are significant features when evaluating a development property.

A-Khata documentation can be an important consideration for buyers and developers, while DC conversion is relevant to the authorised use of converted land.

However, given the size and value of the property, prospective buyers and development partners should conduct comprehensive due diligence.

This should include verification of title documents, DC conversion order, A-Khata records, RTC/revenue records where applicable, encumbrance certificate, tax-paid receipts, survey sketch, boundaries, road alignment, land-use classification, conversion conditions, development rights, and any existing liens or encumbrances.

Developers should also obtain a professional legal opinion and architectural feasibility report before finalising the transaction.

Two Borewells Available

Another notable feature is the presence of two borewells, stated to be approximately 1,600 feet and 1,000 feet deep.

Water availability is an important consideration for any sizeable development. Having two existing borewells can provide an additional water source during the development and operational stages, subject to yield, water quality, groundwater regulations, and applicable permissions.

For a development of this scale, the borewell yield and water quality should be professionally tested before relying on them as the primary water source.

High-Demand International School Zone

A major selling point highlighted for this property is its location within a high-demand educational zone, with 15+ international schools in the surrounding region.

The Horamavu–Hennur–Kothanur–Thanisandra belt has become a popular residential destination for families because of its concentration of schools and educational institutions.

Schools in the broader region include NPS Kothanur, National Public School Kalyan Nagar, Legacy School Bangalore, VIBGYOR High School, and several other established schools and international-school options.

The concentration of educational institutions supports strong demand for family-oriented housing, particularly apartments, villas, and gated residential communities.

For developers, proximity to schools can be a significant factor when positioning a residential project toward families.

Nearby Hospitals and Healthcare Facilities

The property also benefits from access to healthcare facilities across Horamavu, Hennur, Kalyan Nagar, Banaswadi, and North Bengaluru.

The broader region has hospitals, speciality clinics, diagnostic centres, pharmacies, dental clinics, and medical centres.

Healthcare facilities in the wider area include Ovum Hospitals, Cratis Hospital, Chinmaya Mission Hospital, and Bangalore Baptist Hospital.

Aster CMI Hospital is also accessible from the wider North Bengaluru region.

The availability of healthcare infrastructure adds to the area’s residential appeal and provides essential support for families living in the surrounding neighbourhoods.

Nearby Malls, Shopping and Entertainment

The location is also connected to several shopping and lifestyle destinations.

Elements Mall at Nagawara is one of the prominent shopping and entertainment destinations in the wider North Bengaluru region.

Residents of Horamavu Agara can also access shopping, restaurants, cafés, supermarkets, banks, pharmacies, fitness centres, salons, and other lifestyle facilities in Kalyan Nagar, HRBR Layout, Hennur, Banaswadi, Thanisandra, and Nagawara.

This established social infrastructure makes the surrounding area suitable for large residential developments.

Excellent Connectivity

Horamavu Agara enjoys strategic connectivity to several major parts of Bengaluru.

The location provides access toward Hennur, Kothanur, Banaswadi, Kalyan Nagar, Ramamurthy Nagar, Kasturi Nagar, Thanisandra, Nagawara, Hebbal, and Yelahanka.

The property is also within the broader catchment of Manyata Tech Park, one of North Bengaluru’s major employment and technology hubs.

Manyata Tech Park attracts a large professional workforce, creating strong demand for quality residential properties in surrounding neighbourhoods.

Connectivity toward Kempegowda International Airport is another important advantage of this North-East Bengaluru corridor.

Maximum FAR/TDR Development Potential

The property is being marketed with potential for maximum FAR/TDR loading due to the 40-feet road.

This is an important point for developers, but the exact permissible FAR, TDR loading, setbacks, building height, parking requirements, and development potential must be confirmed through a current architectural and statutory feasibility study.

The combination of a 40-feet road, corner property, and 10,198 sq. ft. land area provides a strong starting point for exploring higher-density development.

A developer should obtain written confirmation from the relevant authorities and professionals before calculating the final saleable or built-up area.

Joint Development Opportunity

For builders and developers who are interested in a Joint Development Agreement, the owner has proposed the following commercial terms:

• Goodwill: ₹1 Crore
• Advance: ₹1 Crore
• Sharing Ratio: 50:50
• Location: Horamavu Agara
• Land Area: 10,198 Sq. Ft.
• Road: 40-Ft Main Road
• Property: Corner Site
• Legal Status: A-Khata / DC Converted

These terms are subject to detailed negotiation, legal documentation, project feasibility, construction cost evaluation, approval requirements, and a mutually executed Joint Development Agreement.

For a developer, the opportunity should be evaluated based on projected construction costs, achievable saleable area, current market values, approval timelines, finance requirements, and the proposed 50:50 sharing structure.

Outright Sale Opportunity

For buyers interested in purchasing the entire property, the stated outright-sale price is ₹10,000 per sq. ft.

For 10,198 sq. ft., this translates to approximately ₹10.198 crore, or approximately ₹10.20 crore.

The large land parcel and strategic location make this particularly relevant for investors and developers seeking a sizeable landholding rather than a conventional residential plot.

Property Highlights

• Location: Horamavu Agara, North-East Bengaluru
• Total Land Area: 10,198 sq. ft.
• Property Type: Development Land / Corner Property
• Road: 40-Ft Main Road Approach
• Position: Corner Property
• Legal Status: A-Khata
• Conversion: DC Converted
• Water: 2 Borewells – approximately 1,600 ft. and 1,000 ft.
• Educational Zone: Surrounded by 15+ international schools in the broader area
• Development Potential: FAR/TDR feasibility due to 40-ft road, subject to applicable regulations
• Outright Sale Rate: ₹10,000 per sq. ft.
• Indicative Outright Value: Approximately ₹10.20 Crore
• JD Goodwill: ₹1 Crore
• JD Advance: ₹1 Crore
• JD Sharing: 50:50
• Nearby Areas: Horamavu, Hennur, Kothanur, Kalyan Nagar, Banaswadi, Ramamurthy Nagar, Thanisandra and Nagawara
• Nearby Facilities: International schools, hospitals, malls, supermarkets, restaurants and commercial establishments
• Major Employment Hub: Manyata Tech Park
• Ideal For: Developers, investors, residential development and Joint Development

Why This Property Is Worth Considering

This 10,198 sq. ft. corner property in Horamavu Agara presents a strong opportunity for developers and investors seeking a substantial land parcel in North-East Bengaluru.

The combination of 40-feet main-road access, corner positioning, A-Khata, DC conversion, two borewells, and proximity to a large concentration of educational institutions makes the property particularly attractive for residential development.

The surrounding ecosystem of schools, hospitals, malls, restaurants, supermarkets, employment hubs, and residential communities provides a strong foundation for continued demand.

For developers, the proposed 50:50 Joint Development arrangement, along with ₹1 crore goodwill and ₹1 crore advance, creates an opportunity to explore a sizeable residential project without purchasing the entire land outright, subject to mutually agreed terms and comprehensive feasibility.

For investors looking for an outright purchase, the ₹10,000 per sq. ft. asking rate represents an opportunity to acquire a large 10,198 sq. ft. land parcel in an established and growing Bengaluru corridor.

Key Selling Points

Horamavu Agara | 10,198 Sq. Ft. | Corner Property | 40-Ft Main Road | A-Khata | DC Converted | 2 Borewells | 15+ International Schools Nearby | FAR/TDR Development Potential | ₹10,000/Sq. Ft. | Approx. ₹10.20 Crore | JD Available | ₹1 Cr Goodwill + ₹1 Cr Advance | 50:50 Sharing

A substantial development opportunity in Horamavu Agara, ideal for builders, investors, and developers looking for a strategically located residential project or Joint Development opportunity in North-East Bengaluru.

Contact us today to arrange a site visit and learn more about this exceptional property.

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