17000 SQFT LAND FOR SALE -Walkable distance to Metro station

₹ 9,500 /Sqft
₹ 16,15,00,000

Overview

  • Updated On:
  • May 8, 2024
  • 17,000 ft2

Description

  1. Size: The land comprises 17,000 square feet, providing ample space for the construction of a multi-story apartment complex.
  2. Location: It is situated in a prime location, easily accessible from main roads and highways, offering convenience to residents.
  3. Zoning: The land is zoned for residential use, making it suitable for constructing apartment buildings. Zoning regulations may allow for multi-family dwellings, making it ideal for an apartment complex.
  4. Amenities: The surrounding area may offer various amenities such as schools, parks, shopping centers, and healthcare facilities, enhancing the appeal of the location for potential residents.
  5. Infrastructure: The land may already have essential infrastructure connections such as water, electricity, sewage, and road access, minimizing development costs and timelines.
  6. Development Potential: With its size and zoning, the land presents significant development potential, allowing for the construction of multiple apartment units to meet housing demand in the area.
  7. Investment Opportunity: Investing in this land presents a lucrative opportunity for developers and investors to capitalize on the growing demand for residential properties, particularly in urban or suburban areas.
  8. Architectural Flexibility: The spacious land allows for architectural flexibility in designing the apartment complex, accommodating various unit sizes and layouts to cater to different market segments.
  9. Scenic Views: Depending on its surroundings, the land may offer scenic views, such as city skylines, parks, or natural landscapes, adding aesthetic value to the apartment complex.
  10. Potential for Amenities: With sufficient space, there’s potential to incorporate amenities within the apartment complex, such as a gym, swimming pool, communal gardens, or recreational areas, enhancing the quality of life for residents.
  11. Accessibility: Proximity to public transportation hubs or major employment centers can increase the accessibility and desirability of the location for potential residents.
  12. Market Demand: Market research indicating a high demand for rental properties or apartments in the area further validates the investment potential of developing an apartment complex on this land.
  13. Future Growth: The area surrounding the land may be experiencing economic growth or urban development, indicating future appreciation in property value, making it a sound long-term investment.

Property Id : 23817
Price: ₹ 16,15,00,000
Price Info: ₹ 9,500 /Sqft
Property Size: 17,000 ft2
Facing
East Facing
Metro Proximity
1-2 KM from metro
Property Usage Type
Residential
Road Width
30 feet road
Other Features
Clear Titles

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