Yelachagere, Nelamangala Town

8-Acre Land for JD and Outrate @Nelamangala Town

Location: Yelachagere, Nelamangala Town, North-West Bengaluru
Road Access: Nelamangala–Tumkur Road (NH-48)
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Property Details
• Total Extent: 8 Acres
• Zoning:
• 4 Acres – Residential Zone (ready for development)
• 4 Acres – Agricultural Zone (future conversion / land bank)
• Advantage: Close proximity to Nelamangala Town
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Transaction Options

Option A – Outright Sale
• Rate: ₹5.8 Cr per Acre
• Total Value: ₹46.4 Crore

Option B – Joint Development (JD)
• Advance: ₹60 Lakhs
• Goodwill: ₹60 Lakhs
• Sharing Ratio:
• Landowner – 65%
• Developer – 35%
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Nearby Landmark
• Rashi Gateway Township
• 117 Acres | RERA Approved
• Premium gated community with 1,200+ units
• Strong price benchmark for the micro-market
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Connectivity & Infrastructure (Within 5 km)
• NH-48 Bangalore–Nelamangala Expressway
• Green Line Metro Extension (Madavara/BIEC)
• Proposed Suburban Rail
• Bangalore–Mumbai Economic Corridor
• Dabaspet Industrial Area nearby
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Social Infrastructure
• Schools: Harsha International, Emerald International, Vagdevi Vilas
• Hospitals: VP Magnus Hospital, Amrutha Superspeciality Hospital
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Investment Highlights
• Dual zoning: immediate development + future appreciation
• Located in a designated Satellite Town
• High JD sharing ratio with low upfront investment
• Strong residential demand due to industrial growth