Price is often the first—and sometimes the only—factor people consider when buying land. But smart buyers know it’s not about the cheapest plot. It’s about what you get for what you pay. That’s why understanding the Lagos by Bricks & Milestones Prices requires more than just a square foot rate.
This blog walks you through what’s included, what’s extra, and what you should really expect when investing in a villa plot at Lagos near Doddaballapur, Bangalore.
Current Market Positioning
Lagos is positioned as a premium plotted development—not ultra-luxury, but clearly a step above budget or unregulated layouts. That means:
Gated access and 24/7 security
Internal infrastructure like roads, drainage, water and electricity lines
Recreational and wellness amenities
Plots with clear titles and legal approvals
The price you pay reflects this quality—while still staying competitive within the North Bangalore market.
What’s the Base Price?
As of the latest updates, Lagos plots are priced between ₹4,000 to ₹5,500 per sq.ft, depending on the plot size, location within the layout, facing direction, and corner advantages.
Here’s a basic example for reference:
30x40 (1,200 sq.ft) = ₹77 Lakhs
30x50 (1,500 sq.ft) = ₹95 Lakhs
40x60 (2,400 sq.ft) = ₹96–132 Lakhs
Note: These are indicative numbers. Always consult the developer for the latest pricing and availability.
Factors That Influence Plot Price
Several elements can cause variation in price per square foot:
Facing Direction: East and North-facing plots typically carry a small premium
Corner Plots: Added privacy and space often make these more expensive
Proximity to Amenities: Plots near parks, clubhouses, or main roads may be priced slightly higher
Vastu Compliance: Buyers looking for specific orientation may be willing to pay more
Availability: Early-phase plots tend to be priced lower; as inventory reduces, prices rise
Lagos offers a variety of plot sizes to cater to different buyer types, from young professionals to large families and NRIs looking for long-term investments.
What’s Included in the Base Price?
The base price at Lagos generally includes:
Cost of the land (per sq.ft)
Basic infrastructure such as roads, electricity, sewage lines, and water pipelines
Internal amenities like parks, jogging tracks, and common areas
Layout development charges
This gives you a fully demarcated, legally approved, and infrastructure-ready plot.
What Additional Costs Should You Expect?
No real estate purchase is complete without a few add-ons. Here’s what you might need to budget for on top of the base plot price:
1. Registration & Stamp Duty
Typically around 5–6% of the plot cost in Karnataka. This goes directly to the government and is mandatory for title transfer.
2. GST (if applicable)
Most plotted developments are GST-exempt if sold as land. However, if any part of the infrastructure or construction is bundled in, 5% GST may apply.
3. Maintenance Charges
These vary but usually range between ₹1.5–₹2.5 per sq.ft per month for the upkeep of common areas, security, lighting, etc.
4. Clubhouse/Corpus Fund
A one-time contribution toward the development and future upkeep of shared amenities like the clubhouse, landscaping, and water treatment plants.
5. Legal/Documentation Charges
Nominal fees for processing sale deeds, legal vetting, and documentation.
Is Financing Available?
Yes. Since Lagos by Bricks & Milestones Prices are backed by RERA and clear title documentation, several banks and NBFCs offer plot loans for this development.
You can typically finance up to:
70–75% of the plot cost
Loan tenure up to 15 years
EMI options based on floating or fixed interest rates
Pro tip: If you're planning to build soon, go for a composite loan that covers both land and construction. It’s more efficient and gets better rates.
Investment ROI: Is It Worth It?
Now that we’ve talked about cost—let’s talk about value.
Here’s why Lagos holds strong future potential:
North Bangalore Growth Corridor: Ongoing development of STRR, Aerospace SEZ, and tech hubs are turning this region into the next big zone.
Airport Proximity: Plots within 25–30 minutes of an international airport tend to appreciate faster and attract both end-users and rental demand.
Developer Track Record: Projects from Bricks & Milestones are known for delivering what’s promised—reducing buyer risk and adding resale confidence.
Community-Led Layout: Unlike open or fragmented plots, Lagos is built for long-term living. That increases both demand and perceived value.
Expected appreciation: 8–12% annually over the next 5 years, depending on infrastructure rollout and area saturation.
Tips to Get the Best Deal
Book early in the phase. Prices usually rise after initial inventory clears.
Ask for corner plot availability if privacy is a priority. It's worth the slight premium.
Choose east/north facing if you're looking for Vastu compliance.
Negotiate for bundled offers, such as waived maintenance for a year or lower documentation fees.
Bottom Line
Buying a plot isn’t just about the sticker price. It’s about the quality of the development, legal clarity, infrastructure in place, and future potential. Lagos by Bricks & Milestones Prices reflect a plotted project that delivers genuine value—not just empty promises.
With rising demand in North Bangalore and infrastructure moving fast, a villa plot here is less of a gamble—and more of a grounded, future-facing decision.