Independent House for Sale Near Mathikere Bus Stop, Bengaluru

Published: September 17, 2026 | Updated on: September 17, 2026 | By L K Monu Borkala, CEO & Founder, OneCity Property — 15 years of property consultancy experience and over 20 years in marketing and management at OneCity Technologies Pvt. Ltd.

This independent house near Mathikere Bus Stop sits on a 32 × 45 ft south-facing site — 1,440 sq ft of A-Khata land in one of central Bangalore's established residential pockets. The property has a ground-floor 2 BHK with car garage (currently rented at ₹25,000/month) and a first-floor duplex (previously rented at ₹40,000/month, currently vacant). At full occupancy, the combined rental potential is ₹65,000 per month. Priced at ₹2.20 Crore (negotiable), the property offers both rental income and significant land value in a locality where 1,400+ sq ft A-Khata sites are rare to find.

Property Highlights

• Location: Near Mathikere Bus Stop, Bengaluru
• Landmark: Apollo Pharmacy
• Site Size: 32 × 45 ft
• Site Area: 1,440 Sq. Ft.
• Facing: South Facing
• Main Doors: South Facing
• Khata: A-Khata
• Ground Floor: 2 BHK + Car Garage
• First Floor: Duplex House
• Construction: Older construction; duplex constructed in 2007
• Current Rental Income: ₹25,000/Month
• Previous Duplex Rent: ₹40,000/Month
• Duplex Status: Currently Vacant
• Price: ₹2.20 Crores, Negotiable

Location and Connectivity

Mathikere is a central Bangalore residential area bordered by Yeshwanthpur to the west, Sadashivanagar to the south and Sanjaynagar to the east. The locality sits within 3–4 km of multiple employment hubs — Yeshwanthpur Industrial Area, Rajajinagar commercial belt and the Malleswaram–Sadashivanagar corridor. The Namma Metro Green Line runs through Yeshwanthpur station, roughly 2 km away, connecting to Majestic, MG Road and the airport corridor.

Mathikere Bus Stop is a well-served BMTC hub with direct routes to Majestic, KR Market, Hebbal and Whitefield. MS Ramaiah Memorial Hospital and MS Ramaiah Institute of Technology are within 1.5 km. BEL factory and HMT layout are to the north. Schools, banks and grocery markets are concentrated along Mathikere Main Road, making this a self-contained residential pocket.

About the Property

The house on a 1,440 sq ft A-Khata site has two distinct living units. The ground floor is a 2 BHK with a car garage, currently tenanted at ₹25,000 per month. The first floor is a duplex house — a larger unit previously rented at ₹40,000 per month, now vacant and available for the buyer to either occupy or re-let. The duplex portion was constructed in 2007.

A-Khata status confirms the property is assessed by BBMP for property tax and has approved building plans. Verify the current Khata status through the BBMP e-Aasthi portal. The 32 × 45 ft site is larger than the standard 30 × 40 (1,200 sq ft) plots, giving 240 sq ft of additional land — significant in a central locality where land is priced by the square foot.

Rental Income and Investment

At full occupancy (₹25,000 ground floor + ₹40,000 duplex), the monthly rental income is ₹65,000 — approximately ₹7.8 lakh per year. Against the ₹2.20 Crore asking price, this gives a gross yield of about 3.5%, which is above the Bangalore residential average. The current yield with only the ground floor rented is ₹3 lakh per year (1.4%), but the vacant duplex represents an immediate income upside once re-let.

The buyer has multiple options: occupy the duplex and collect ground-floor rent; rent both portions for maximum yield; or plan future reconstruction into a G+3 or G+4 building to multiply the rental units. For any reconstruction, refer to the BBMP building plan approval process for FAR and setback norms on a 1,440 sq ft site. Rental income from both portions is taxable as "Income from House Property" with a 30% standard deduction. Draft the rental agreement to match Karnataka stamp duty norms.

Buyer Checklist

At ₹2.20 Crore, the buyer must deduct TDS at 1% (₹2.20 lakh) under Section 194IA. Verify the sale deed records the A-Khata number, site dimensions (32 × 45 ft) and construction details for both floors. After registration, complete the BBMP property tax name change. Use the BBMP property tax calculator to estimate annual tax for a multi-floor residential property. If planning a future sale, review capital gains tax rules for indexation benefits.

Who This Property Suits

Buyers looking for an independent house in central Bangalore with existing rental income. The duplex vacancy is an opportunity — the buyer can move in immediately or re-let for ₹40,000+ per month. Investors evaluating land appreciation will note that 1,440 sq ft A-Khata sites in Mathikere, a locality within 5 km of the city centre, carry a land-value floor that protects the investment. For a similar independent house listing in East Bangalore, see our duplex house in Hoyasala Nagar.

Frequently Asked Questions

What is the current rental income?

₹25,000 per month from the ground-floor 2 BHK. The first-floor duplex (previously ₹40,000/month) is currently vacant.

Is this an A-Khata property?

Yes. The property carries A-Khata status, assessed by BBMP.

What is the site size?

32 × 45 ft (1,440 sq ft) — larger than the standard 30 × 40 residential plot.

Can I reconstruct on this site?

Yes, subject to BBMP plan approval. A 1,440 sq ft A-Khata site allows multi-floor construction based on applicable FAR.

Is bank loan available?

Yes. A-Khata properties with clear title documentation are eligible for home loans from most banks.