Buying Residential plots in South Bangalore always has a lot of advantages. You can invest less in these types of properties than in others. Buying Residential plots here is a great choice. In Residential plots, you can design and build homes based on your preferences. You can also save money while investing in these types of projects. You can buy it at reasonable prices, and it will never feel like a burden.
The Appreciation value of the land is much faster than the other type of properties. When the Plot is in a well-developed area, it has huge value. The residential plots also have a chance of getting a higher return. Whatever type of residential property you own, you need to pay tax for it. But compared to other types of properties, the tax for plots is lower. If it is vacant land, the property tax for Plot starts from INR 0.12/sq.ft to INR 0.50/sq.ft.
If you buy a residential plot, you don't have to deal with lots of paperwork and can keep your freedom. There are no hidden costs, and the process is completely open. In residential plots, everything is clear, including Purchases, Sales, and Market values.
Most people know South Bangalore for its social infrastructure. South Bangalore is a better choice for people who want to buy a home or invest. Even though it is the oldest part of Bangalore, property prices are increasing because the cities are developing quickly. It is easy to get to, and major roads connect it to MG Road and Hebbal. It is near several well-known schools, colleges, hospitals, restaurants, and other places. So, buying residential plots in South Bangalore is a good idea. The Average cost of Plots in South Bangalore starts from INR 3000 to INR 25000 per square foot.
Prestige Park Ridge is an upcoming residential project in Bannerghatta Road, South Bangalore. It features High Rise Apartments in different configurations. They offer well-lit, ventilated 2,3,4 BHK flats with no common walls. This project has more than 70% of land for open spaces. It was launched in 2023, and the completion period is 2027. The RERA Approval status for this project is in progress.
The 1 BHK Apartments are available in the size of 600 square feet. The 2 BHK Apartments are available in 1100 sq ft whereas 3 BHK Apartments are 1500 sq ft. This stunning project occupies more than 25 acres of land with 1119 units. It has 12 Towers of 17 and 18 floors, and these flats are designed to maximize space and natural light.
Provident Woodfields is a newly launched Residential Villa plots development in South Bangalore. It is located in Electronic city, Kachanayakanahalli. This project covers 23 acres of land with 340 units of the Plot. The unit variants of Provident Woodfields are 1200 sq ft and 2400 sq ft. The possession period of Provident Woodfields is December 2023.
The unit type 30*40 with a size of 1200 sq ft is available from INR 60 Lakhs, whereas unit type 30*50 is available from INR 70 Lakhs. The unit type 40*60 at 2400 sq ft is available from INR 1.16 crores. Provident Woodfields offers amenities such as Gym, Clubhouse, Swimming Pool, Games room, Retail spaces, Activity area, Health center, Party Hall, etc.
SLV Sri Krishna Gardens of SLV Housing Development Corporation is ready to register plotted development. It is on Kanakapura Road, South Bangalore. This project covers 25 acres of land with 321 units of plots. The Plot area of 1200 sq ft costs INR 31.80 Lakhs, whereas the plot area of 4000 sq ft costs INR 1.06 Crores. SLV Sri Krishna Gardens offers amenities such as a Garden, Water Supply, Power Backup, CCTV, Clubhouse, etc.