JP Nagar 2nd Phase 40×60 East-Facing House + Site for Sale – ₹36,000/sq.ft

A prime 2400 sq ft east-facing property with an old house is available for sale near JP Nagar Cultural Club in JP Nagar 2nd Phase. Priced at ₹36,000 per sq ft, this property is located in a posh residential pocket with wide roads and excellent infrastructure.

This offering presents a strong opportunity for boutique apartment development or construction of a premium independent bungalow in one of South Bangalore’s most in-demand residential areas.

Quick Property Snapshot

1. JP Nagar 2nd Phase – Premium Residential Micro-Market

JP Nagar 2nd Phase is one of South Bangalore’s most premium and well-established localities, known for its wide roads, organized layout, and high-end residential environment.

Key Location Advantages

Connectivity

• Close to Jayanagar & Banashankari
• Easy access to Outer Ring Road
• Seamless connectivity to Bannerghatta Road
• Metro connectivity within short distance

Lifestyle Infrastructure

• Proximity to JP Nagar Cultural Club
• Top schools and educational institutions
• Multi-specialty hospitals
• Premium restaurants and retail hubs

Compared to newer developments, JP Nagar 2nd Phase offers superior livability and consistent demand from high-end buyers.

2. Pricing Analysis – ₹36,000/sq.ft

For 2400 sq ft:

2400 × ₹36,000 = ₹8.64 Crore (Approx.)

What Drives This Pricing

• Prime JP Nagar 2nd Phase location
• East-facing orientation (high buyer preference)
• Wide road access and posh surroundings
• Strong redevelopment potential

This pricing reflects the premium nature of the locality and its limited availability of large plots.

3. Redevelopment Potential & Site Strength

A 40×60 plot offers excellent flexibility for:

• Boutique apartment construction
• Luxury independent bungalow
• Duplex or multi-level residence

Why East-Facing Matters

East-facing plots are highly preferred due to:

• Strong vastu alignment
• High resale demand
• Better market liquidity

Development Advantages

• Standard plot size for efficient planning
• Wide road access improves design flexibility
• Strong demand for redeveloped units

4. Existing Structure Advantage

The old house provides:

• Immediate possession
• Interim rental income potential
• Flexibility for phased redevelopment
• Lower holding cost during planning phase

5. Ideal Buyer Profile

End-Users

• Families building luxury independent homes
• Buyers upgrading from premium apartments
• Those seeking prime South Bangalore living

Developers & Investors

• Boutique apartment developers
• High-value land investors
• Buyers targeting premium resale segment

Frequently Asked Questions

1. What is the plot size?
   The property measures 40×60 (2400 sq ft).
2. What is the price?
   ₹36,000 per sq ft, totaling approximately ₹8.64 Crore.
3. Is the property east-facing?
   Yes, it is east-facing.
4. Is there an existing house?
   Yes, an old house is present.
5. Is this suitable for redevelopment?
   Yes, it is ideal for boutique apartments or luxury bungalow construction.
6. Is JP Nagar 2nd Phase a good investment?
   Yes, it is a premium and high-demand residential locality.

Conclusion

This 40×60 east-facing house + redevelopment site in JP Nagar 2nd Phase offers a rare opportunity to acquire land in a posh and well-established South Bangalore neighborhood.

Top Highlights:

• Premium 2400 sq ft plot
• Highly preferred east-facing orientation
• Located near JP Nagar Cultural Club
• Strong redevelopment and appreciation potential

For buyers seeking a prime residential address with long-term value and flexibility, this property stands out as a strong 2026 investment opportunity.

Address

City: Bangalore
State/county: Karnataka
Area: JP Nagar 2nd Phase
Country: India

Details

Updated on: May 2026
Price: ₹36,000/sq.ft
Property Size: 2400
Type: House + Redevelopment Site
Property Status: For Sale