Hanumanth Nagar 40×60 North-Facing House + Site for Sale – ₹27,000/sq.ft

A 2400 sq ft north-facing property with a livable house is available for sale in Banashankari 1st Stage, Hanumanth Nagar. Priced at ₹27,000 per sq ft, this property presents a strong opportunity for redevelopment or luxury home renovation in one of South Bangalore’s most established residential areas.

Banashankari 1st Stage is a highly sought-after locality with limited land availability, making this offering particularly valuable for end-users and developers looking for prime central South Bangalore assets.

Quick Property Snapshot

1. Banashankari 1st Stage – Prime Established Locality

Banashankari 1st Stage and Hanumanth Nagar are among South Bangalore’s oldest and most premium residential zones, known for strong infrastructure and consistent demand.

Key Location Advantages

Connectivity

• Close to Basavanagudi & Jayanagar
• Easy access to KR Road & Lalbagh Road
• Seamless connectivity to major South Bangalore hubs
• Metro connectivity within short distance

Lifestyle Infrastructure

• Reputed schools and colleges
• Multi-specialty hospitals
• Parks, temples, and cultural landmarks
• Established retail and dining options

Compared to newer layouts, this area offers superior civic infrastructure and long-term residential stability.

2. Pricing Analysis – ₹27,000/sq.ft

For 2400 sq ft:

2400 × ₹27,000 = ₹6.48 Crore (Approx.)

What Drives This Pricing

• Prime BSK 1st Stage location
• North-facing orientation
• Standard 40×60 plot size
• Redevelopment potential

In core South Bangalore, land value dominates, especially in legacy neighborhoods like Hanumanth Nagar.

3. Redevelopment & Site Potential

A 40×60 plot is highly versatile for:

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

Why North-Facing Matters

North-facing plots are highly preferred in Bangalore’s residential market due to:

• Strong buyer demand
• Better resale liquidity
• Flexible architectural planning

Development Advantages

• Standard rectangular plot
• Efficient space utilization
• Strong resale positioning

4. Existing House Advantage

The livable house provides:

• Immediate usability
• Rental income potential
• Flexibility for phased redevelopment
• Lower holding cost

For buyers planning future construction, this allows time for approvals and design without urgency.

5. Ideal Buyer Profile

End-Users

• Families planning a custom luxury home
• Buyers upgrading from apartments
• Those seeking central South Bangalore living

Developers & Investors

• Boutique apartment developers
• Land banking investors
• Buyers targeting premium resale projects

Frequently Asked Questions

1. What is the plot size?
   The property measures 40×60 (2400 sq ft).
2. What is the price?
   ₹27,000 per sq ft, totaling approximately ₹6.48 Crore.
3. Is the property north-facing?
   Yes, it is a north-facing property.
4. Is there an existing house?
   Yes, a livable house is present.
5. Is this suitable for redevelopment?
   Yes, it is ideal for boutique apartments or luxury home construction.
6. Is Banashankari 1st Stage a good investment?
   Yes, it is a highly stable and premium residential locality.

Conclusion

This 40×60 north-facing house + site in Banashankari 1st Stage, Hanumanth Nagar offers a rare opportunity to acquire land in a prime, supply-constrained South Bangalore neighborhood.

Top Highlights:

• Premium 2400 sq ft plot
• North-facing orientation
• Livable existing structure
• Strong redevelopment potential

For buyers seeking central location, long-term value, and flexibility, this property is a strong 2026 investment opportunity.