Be sure that you check the floor plan thoroughly and get the help of a qualified architect to further evaluate and ensure that your house has good ventilation, and it receives plenty of natural light. Indiranagar: Upmarket locality with a vibrant social scene and well-planned residential areas. For excellent return on investment, one should consider the location, upcoming infrastructure, and employment hubs nearby. In addition to this, the area is witnessing tremendous growth with various infrastructure projects both undergoing and proposed. However, if you own two cars, you will be allotted one parking space, and you might have to pay extra for the other. Besides, new entrants foray into the market from time to time. The city provides better living conditions as well as greater career chances. With a wide range of 1, 2, 2.5, and 3-bed apartments, this property offers you expansive living spaces, world renowned quality and grand gardens. Without this, the previous owner will continue to be considered the owner of the property. Yet another factor that propels the growth of high-end residential projects in Bangalore is the constant demand from NRIs. Luxury Residential Apartments in Bangalore. These homes are targeted at the mid-income home buyers. Due to the pandemic, the entire economy had slowed down, and businesses were at a standstill. Sobha Sentosa | Panathur Road | Bangalore | Location | Price The property market in Bangalore in general and the luxury segment in particular have been registering high year-on-year growth steadily, indicating that the future is bright. Located in Bengaluru's elite residential hub, these homes are crafted for the discerning few. Replicating the famed Brooklyn Bridge and Domino Park, among others, this is a world within a world. Sale deed Well-planned layouts mitigate pollution, giving you cleaner air to breathe. The Pradhan Mantri Awas Yojana scheme has been set up to make buying a house more affordable. At SOBHA Insignia, experience the perfect proportions of luxury and technology. Athena, the goddess of craft, is the inspiration behind many a marvel in ancient Greece. 12. A space that lets you enjoy a balanced living. Located on Whitefield-Hoskote Road near Kannamangala, SOBHA Galera is in close proximity to the upcoming Peripheral Ring Road and the Satellite Town Ring Road. According to data, the average price of a square foot of real estate in Bengaluru was Rs 4,894 in 2018 and rose to Rs 5,570 in 2022. The couple decided to seek help from their friend Tara, who had only recently found her new home in SOBHA Lifestyle Legacy and was now reaping benefits from several sections under the Income Tax Act after availing a house loan. The RERA Registration No. Buying a house involves quite a lot of procedures and attracts a slew of statutory charges. In addition to amenities, leveraging technology for comfort and convenience is another attribute of a luxury residence. These include the Phase 2-B metro line and the 73-kilometre Peripheral Ring Road. Sobha Gateway of Dreams is a project by Sobha Developers located in Panathur, Bangalore, offering skilful and thoughtfully designed currently under construction 1 BHK and 2 BHK apartments. It is simple the more amenities you have, the more you pay. If the property is financed, you pay EMIs to the bank. The amenities at SOBHA Sentosa include Supertree Park, Jogging Track, The Broad Walk, Visitors Parking, Gazebo Deck, Moonlight Theatre, Events Corner, The Happiness Club, Orchard Way, Merlion Pool, Skating Rink, Fortune Plaza, Fountain of Wealth, Marina Bay Sands (Kids Play), The Courtyard, Futsal Court, Basketball Court, Fitness Park, Pet Park, Organic Farm, Botanical Garden, Reflexology Trail & Seniors Gazebo, Cricket Pitch. Devanahalli: Known for its proximity to the airport and upcoming residential projects. As per the area plan, units are in the size of 1205.0 sq.ft.. You may also discover a world of individual villas or beautifully themed apartments with numerous amenities and high-end facilities, amidst verdant surroundings. In most states, Women, in comparison to men, pay a lesser stamp duty roughly 2% lesser than men. These houses are designed using advanced precast technology that embodies beauty and value. Register your interest now and be the first to know more about the project. Numerous upcoming residential projects are suggestive of the ever-growing demand in the real estate industry. In addition to that, the amenities like swimming pool, gymnasium, tennis court, clubhouse and playground will help you unwind and relax after a long day at work. Bangalore is well-connected to other parts of the country via rail, road, and air. The address of Sobha Dream Acres is Panathur Main Road, Varthur. The properties are easily accessible to schools, colleges, hospitals and shopping centres, making them convenient places to live. Furthermore, the state government will levy registration charges at 1% of the property value, amounting to Rs 80,000. SOBHA flats in Bangalore are spacious, airy with ample flow of natural light. Living here is a statement the one that differentiates you. Contact Agent. No wonder the final landmark of SOBHA City is named after her. 17. Homeowners end up shelling out more than just the cost of the apartment for other aspects. In conclusion, Sobha Limited is a world-class real estate developer that has established a reputation for delivering exceptional properties across India. Rajaji Nagar: Well-established residential area with good connectivity and amenities. Attention all homeowners and property enthusiasts! var str2 = document.getElementById("phone1").value; This project is one of SOBHAs latest projects in North Bengaluru featuring a host of amenities like swimming pool, multi-purpose hall, childrens play area, gym, and a senior citizens meditation hall. * Table Tennis and Pool Table to stimulate mental alertness and concentration. The social and civic infrastructure of Banashankari is well developed, and there is plenty of greenery. However, do keep in mind that the under-construction flats come with a 1% GST on affordable housing and a 5% GST on non-affordable housing. For plots, the sq. Unit Type Super Built-Up Area Carpet Area Price Properties; 2 BHK Apartment: Here, we cover all the additional expenses that you may incur when buying your ideal home: A 2 BHK apartment in Bengaluru may have been purchased by you and a friend. Starting from Kempegowda International Airport, the route includes Devanahalli, Yelahanka, Hebbal, KR Puram, and further connects to Marathahalli, Bellandur, and Silk Board. The company uses advanced construction technologies and materials to ensure that its projects are not only beautiful but also environmentally sustainable. With expansive views of the lake below and pleasant chirps of birds all around, this is where tranquility resides. Lets take a look at some of the most important ones among them. If you are a senior citizen, youve reasons to cheer while buying a house. When purchasing a ready-to-move-in property, the buyer must mobilise large sums of money that include stamp duty, registration fees, and other miscellaneous costs. Additionally, there are several other specialized institutes in areas such as design and hospitality that attract students from across the country. A smart way to get a high return on investment (ROI) in Bangalore is to buy a flat under construction so that when the construction is completed, the prices of ready-to-move apartments will rise. Living in ones own apartment is a dream for most people. One doesnt need a lot of reasons to buy a home. While inspecting the apartment will give you a fair idea about your future house, its not enough for a fool-proof evaluation. The master plan, without fail, showcases even the minutest detail regarding the infrastructure around the property you intend to purchase. The grand structures at SOBHA Windsor cross your way and entice you to the erstwhile regency days. Launched in January 2014, Sobha Dream Acres is slated for possession in Nov, 2020. Always confirm with the builder that they will provide the amenities listed out in their advertisements. Various reports suggest that on an average, NRIs stand to earn a return in the range of 6% to 8% on such homes. var res = '+' + str1.concat(str2); Bangalore is a leading IT hub that has attracted some of the best IT professionals from around the world. Bengaluru, commonly referred to as the Silicon Valley of India, featured as one of the most preferred cities to live in, according to the Ease of Living Index, 2021. Sobha Rain Forest in Balagere, Bangalore: Price, Brochure - MagicBricks Koramangala: Cosmopolitan neighborhood with a mix of residential and commercial spaces. An ideal floor plan, however, will come in handy in this regard as it will have every detail including the design and measurement of the property. With tech parks just a stones throw away, you can now enjoy a smooth work-life balance. Loaded with features and amenities, each house is meticulously planned to satiate even the most discerning of homebuyers. Price: 1.6 Cr Onwards Possession: May 2023 Check Now Get Details Banashankari, Bangalore | Upcoming Sobha Royal Crest Unit Type: 3 & 4 BHK Apts Size: 1853 sq.ft. 14. Sobha Limited has a strong focus on green building practices, and many of its projects are certified by leading green building organizations such as LEED (Leadership in Energy and Environmental Design). There could be builders who make numerous promises regarding the infrastructure and amenities theyre providing within society. Property for Sale Luxury Residence. The real estate market has many players, both established and new. This could include the bank loan inspection charges that are part of the home loan amount which you will have to bear as part of the loan repayment, or it could be the expense incurred from hiring packers and movers, etc. }); SOBHA Limited Copyright 2023 All rights reserved, Terms of Use | Privacy Policy |Disclaimer | RERA Disclaimer | Sitemap | Blog. A home is where you feel the most secured. The company's interior design division offers a range of services, including space planning, furniture design, and project management. Whats more, for under-construction homes that dont come under affordable housing, GST rate is 5%. Lets delve into the details of what documents you need to check before buying a house. However, since the implementation of RERA, homebuyers can freely select an under-construction property as long as it has a valid RERA number and is being developed by a reputable developer. Furthermore, they are well-maintained and offer a plethora of amenities for all age groups. Set amidst lush green gardens and sprawling across 36 acres, SOBHA City is a breathtaking enclave. That can be done when an individual avails a 90% loan on a property valued at Rs 45 lakh for 20 years. However, in ready-to-move-in apartments, these amenities may have been used by several people before you and may have worn out or been subjected to several rounds of maintenance, as well. Ulsoor: Central location with a mix of old-world charm and modern residential options. * Childrens Play Area that will allow them to take a break from the digital gadgets. If your house has a swimming pool, library, gym or even elevators, you will have to spend more money on stamp duty. of Units : 6500 Apartments. Gated communities offer a sense of safety and security, where residents feel comfortable letting their children play outdoors or go on walks alone. var str1 = str1.split('+')[1]; 1 crore, which is Rs. Getting a home loan has been made easy and will also offer several tax benefits. Old world charm with modern amenities and ascthetics. If youre looking at an apartments as an investment, considering prime localities will ensure you a good income in terms of rent. Be prepared to pay a higher sum as stamp duty. Hence, the moment youve decided to invest in your house, you could start working towards saving more so that you can make an easy down payment. 12 crore and beyond. This can range anywhere between Rs. Reputed builders provide homes that are par excellence in quality and lifestyle. Stamp Duty and Registration Charges ensure that the property is legally transferred to you. Strategically located on Thanisandra Main Road, SOBHA Athena is an easy drive from Bengaluru International Airport, Manyata Tech Park, and Aerospace SEZ. var res = '+' + str1.concat(str2); in the same list. ft. A maintenance cost deposit is collected by the builders to create a corpus fund. If you're on the lookout for your dream home in Bangalore, then we've got an exci Read More, Sobha Limited is known for launching iconic projects across India, and their latest offering, Sobha Plots, is yet another legendary property from Bangalore's top real estate developers. In general, high-quality homes are more expensive, but this means fewer repairs and reconstructions over time. The property is managed efficiently which not only sustains the property rate, but also maintains high returns on investment in the form of rental income and property appreciation. Wish to know more about SOBHA Windsor? 35 lakh 3% Living in an apartment instils a sense of unity and aids communal harmony. Section 80EE of the Income Tax Act of 1961 allows taxpayers to claim an additional tax deduction of Rs.50,000 on home loan interest paid after the Section 24B limit has been reached. With close to three decades of developing high-end residential projects in Bangalore as well as other cities across India, SOBHA has raised the bar in the segment. Bangalore has some of the finest residential projects that set the bar up high. Sobha Projects Bangalore | Flats in Bangalore | Luxury Apartments Section 80C of the Income Tax Act of 1961: Section 80C provides an under-construction property tax benefit of up to Rs.1.5 lakh per financial year. Where sunlit lanes lead to gates that used to protect delightful old cottages, flowers cascaded over brick walls, and trees were laden with fruits. The impact of Covid-19 outbreak has been devastating. Under this section of the Income Tax Act, you can claim a tax deduction of Rs 1.5 lakh from the taxable income on the principal repayment for both self-occupied and let-out properties. 22 billion company based out of Bangalore and having projects spread across 13 states and 24 cities.Sobha Limited is primarily focused on the development of residential and contractual projects. Our lives are filled with milestones some that we achieve effortlessly such as entering adulthood, and some others that we create for ourselves, such as owning a home or a car. SOBHA is known for its Architectural Theme based Apartment Projects in Bangalore. SOBHA Windsor relives the old world in a new way. With round-the-clock security, apartments, villas, and gated communities offer a sense of safety and privacy. Dont hesitate to ask questions and clarify your doubts. Choose yours based on your lifestyle and requirements. A majority of them are first-time home buyers. Starting from 87 lakh onwards, SOBHA Arena offers 2 and 3 BHK apartments in a location that has schools, hospitals and IT parks in close vicinity. var str1 = str1.split('+')[1]; Tara explained to them that the Central government has put in place several benefits under various sections of the Income Tax Act to help new house buyers. Sobha Panathur has configuration of Apartments which offers 1 BHK 3 BHK Apartments. Its the most important of all the documents. Has the layout been approved by the relevant authorities such as Bangalore Development Authority, Bangalore Metropolitan Region Development Authority or Bangalore International Airport Area Planning Authority? It's a Rs. 2 lakh on a property worth Rs. Sobha Oakshire Devanahalli, Bangalore - 4 BHK picturesque tudor homes Clear titles, approvals and authorisations are critical when it comes to buying an apartment. Save up to Rs7* Lakh on Tax Deductions on Housing Loans in Bangalore, Stamp Duty & Registration Charges in Bangalore A Quick Reckoner for House Buyers. From IT parks to educational institutions, the locale has everything you need nearby, and is well-connected to all parts of Bengaluru. It was then decided that the stamp duty rate on houses costing between INR 35 and INR 45 lakhs will be reduced from 5% to 3%. Even if you sell the house in just two years, the returns will be profitable. Clearly, with their focus on affordability, comfort and luxury, they will drive the demand for affordable luxury homes. These 4-bedroom duplex and triplex row houses are created to provide you with extraordinary luxury and unrivalled convenience. Verifying land records is easier now, thanks to the Digital India Land Record Modernisation Programme (DILRMP) launched by the government of India in 2008. 58 Lac onward. Asking for an NOC is a matter of critical importance before you make any payment towards the purchase of your house. Stamp duty and registration charges vary from state to state. More importantly, these charges make your house costlier. Find Floor Plans, Master Plan, Amenities . Automation features have been integrated into the living room, bedroom, and kitchen, giving you control over every aspect of your home. Above Rs. Designed using advanced precast technology, the homes exude brilliance in terms of beauty and value. Moreover, the co-working space is designed to help you work without any distractions. Buying an apartment is the right decision you can make. SOBHA Clovelly is situated across 3.5 acres of land, giving you enough space to explore while being within the premises. With a range of state-of-the-art amenities, SOBHA Forest Edge, a super-luxury apartment welcomes you to start a lifestyle that is elegant and refined. Sobha Oakshire By Sobha Limited in Devanahalli. Super built-up area is considered for calculation for multistorey apartments Sobha Oakshire offers distinct cottage style houses with tudor architecture. As per the Economic Survey 20-21, the V-shaped economic recovery is supported by the initiation of a mega vaccination drive with hopes of a robust recovery in the services sector and prospects for robust growth in consumption and investment., Like everything else, Covid-19 outbreak too has its set of blessings in disguise. 21 & Rs. On the other hand, under-construction properties demand only the payment of a booking fee which is around 10-15% of the total cost. Thoughtfully designed and rich in amenities, nearly 80% of the community space in SOBHA Royal Crest is traffic free. Its the state government that decides and fixes all charges that are collected towards stamp duty and registration. A circle rate is the price of property or land in a region that is published and regulated by the State Government. As workers moved back to their hometowns and prospective purchasers held off on purchases, the real estate market in all the major cities weakened. In this article, we will explore in detail why Bangalore is the perfect place to invest in an apartment. As a result, they are not only aware of the trends in the housing market but also acquainted with the international lifestyle standards. 44,186 per month at an interest rate of 8.75% for a period of 20 years. Mind you, this is one of the most important financial decisions in your life. Always weigh the potential of the property for appreciation as well as its resale value. These exclusive properties come equipped with top-of-the-line amenities such as sports facilities, clubhouses, swimming pools, spas, and more. Sobha Oakshire, a premium apartment complex with contemporary amenities and a tranquil living environment, is situated in a prominent location of Bangalore.<br><br>Visit - https://www.sobhanewlaunch.com/sobha-oakshire Uploaded on Mar 09, 2023 Sobha Oakshire Download Presentation Sobha Oakshire: A Luxury Residence In Bangalore, India Not only does Bangalore have exceptional academic programs for higher education, but it also has numerous quality schools for primary and secondary education, making it an ideal place to grow up for those focused on pursuing their academic interests. Head to our experience center to get a first-hand feel of the quality and craftsmanship of a SOBHA home. To fulfill their aspirations of buying a home replete with amenities, home buyers like Amit are increasingly looking at a rapidly growing segment of affordable luxury homes. However, they can still have a higher value even if they were well maintained over the years. Newer properties usually fetch a higher price. Nestled amidst serenity, these 4 BHK row houses feature gabled steep roofs, timber & brick work, and ornate windows. Launched: Nov-2021. of Floors 2BG17Available Unit Variants 1 BHK 689 694 Sft3 BHK 1507 1800 SftPossession Date 2026Legal Approval BBMP. Modifying an under-construction flat to suit ones needs can be an excellent option for those looking to make their home as unique as possible while also getting the best value for their money. Sobha Neopolis, Panathur, Bangalore 1.7 Cr EMI starts at 84.40 K 10.43 K/sq.ft Contact Seller Share Save + 7 more 1630 sq.ft Build Up Area 10.43 K/sq.ft Avg. Regardless of what property you buy, the returns are going to be rewarding. Both RERA and GST have a significant role to play in this change. With rare native trees like mango, silver oak and teak, SOBHA HRC Pristine is truly a lush green heaven! Determine the layout and available space first while customising an under-construction flat. If the interest amount is exhausted, the tenant will be charged a maintenance charge for the following month based on the apartment SBA. 2) Maintenance of records You pay registration charges so that the Government keeps a record of the property. The locality is accessible to most parts of the city via public transport, including Namma Metro. Title documents of the landowner (in case of land purchase) As you enter, you cant help casting admiring glances at the Majestic Entrance Plaza with a grand archway and cobblestone pavers. Launched: May-2023. Inspired by the magnificent Bangalore Palace, one of Bangalores most iconic landmarks, SOBHA Royal Crest is a tribute to the rich heritage of Bangalore an emotion that resonates with the times past, a place that also keeps pace with the future. The citys robust IT industry and global presence have significantly accelerated its growth trajectory. 2. In a city like Bangalore, finding the right apartment that suits your budget, requirements and lifestyle may seem like a daunting task. Hosur Road, especially areas near Electronic City, are also turning into a residential hotspot. Make sure that you check the land use certificate from your builder thoroughly for any discrepancies to ensure that your purchase is valid and trouble-free. var str1 = document.getElementById("country_code11").value; An urban 3 BHK luxury apartment nestled on Panathur Main Road, Bangalore. Before going ahead, meet people who live in the neighbourhood, or those who reside in the project complex if youre buying a ready-to-move-in home. You will find some of the finest properties crafted by SOBHA amidst the pleasant climate and seamless connectivity. Maintaining a property regularly can also add value. APARTMENTS IN BANGALORE: A NEW PERSPECTIVE TO LIVE & GROW! Devanahalli, Bangalore; 3441 sq.ft. In other words, the USP of this segment is its competitive pricing for premium facilities. In order to register the property under your name, the state government charges stamp duty, which is approximately 5-7% of the property value. Techies and entrepreneurs across India flock to the Silicon Valley of India with dreams in their eyes to make it big. In a city like Bangalore, buying your own home is a sure-shot way to secure a better future. Designed keeping in mind the changing climatic conditions, here is a place where utmost care has been taken to retain the micro-climate of this amazingly pristine property and its unique topography. It is this fact that has made the area one of the most preferred destinations for row houses and villa developments in the last 15 years. Buying a house, of course, is a nuanced procedure and documents are integral to it. Key Documents to Check before Buying a House in Bangalore A Handy Guide! But with the right information at your fingertips, the whole process can be made a lot simpler and easier. Comprising luxury row houses and apartments, SOBHA Victoria Park recreates the everlasting appeal of Victorian architecture, right here in Bengaluru. With the citys current population estimate of 11,644,000 people , there is a growing demand for real estate in Bengaluru. Sobha Gateway of Dreams in Panathur, Bangalore: Price, Brochure, Floor The pandemic has highlighted the importance of owning a home, and with work from home being embraced by corporates, there is no better time to buy your own ideal home than now. Choosing a reputed builder gives you peace of mind and guarantees higher rent and resale value. Bangalore - Sobha Limited - New Launch Luxury Apartments In Bangalore Make sure that you do your research thoroughly before buying your house. The benefits that you can get from buying a luxury flats in Bangalore are great views, spacious living, prime location, prompt maintenance, full-fledged amenities and security. Home ; Overview; Amenities; Price / Floor Plan; View Phone Number; Toggle navigation x. . While we have touched upon a few factors that contribute to a homes luxury quotient, lets delve deeper now and analyse each attribute of a luxury home in Bangalore. New Launch 1.75 (Crore)* . The amenities including a bio-pond, a meandering stream, reflexology trail park and birds nest coves, make this property a treasure trove of amazing experiences.
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