HL Villas – from Home Land Developers

Home Land Developers are developing a project called HL Villas on Kanakapura Road near Art of Living. As per the builders website HL Villas is approved by BMRDA. The project consists of over 100 sites with over majority in 30×40 dimensions and others in odd dimensions.

HL Villas Options

• 1800 sft built up villas on plots of size 1200 sft (30×40)
• 3600 sft built up villas on plots of size 2400 sft (60×40)

HL Villas Location

Off Kanakapura Road, 7 km from Art of Living, 10 km from Nice Road junction, Near Somanahalli Tank

HL Villas Price

• As of August the price was Rs. 48 lacs for 1800 sft villas ans 95 lacs for 3600 sft villas

Breakup for 1800 sft villa

• Rs. 16,80,000/- for the land coming to Rs. 1400 per sft
• Rs. 18,00,000/- for the construction coming to Rs. 1500/- per sft
• Club House & Amenities at Rs. 2,20,0000/-

HL Villas Concerns

• Home Land Builders is a new entrant to Bangalore Real Estate and there are no past projects
• Located about 10 km away from Nice Road junction on Kanakapura Road the area will take time to develop
• The last 0.5 km approach road, goes through a village
• Land price is on the higher end for the location
• During September there was a discount of Rs. 5 lacs, which gives you an idea of the true price

HL Villas Investment Plus Points

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HL Villas – Amenities (Proposed)

• Clubhouse + Swimming Pool
• Underground Electricity cabling
• Overhead Water Tank
• Meditation & Multipurpose Hall

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