Sobha Dream Acres – Overview

Sobha Dream Acres brand new residential apartment project by Sobha Developers in the rapidly expanding neighbourhood of Panathur Road, Bangalore.

The residential enclave, Sobha Dream Acres features the very best in Sobha Developers Group affordable segment. The project offers spacious Apartments with luxurious features.

Beautiful landscapes all around Sobha Dream Acres makes it more special & Elite.

The builder is guaranteed to bring a quality living experience to the community of Panathur Road with brilliant architecture and equivalent lifestyle in Sobha Dream Acres.

Sobha Dream Acres Location has excellent connectivity & it is located at the heart of Panathur Road.

Amenities at Sobha Dream Acres include a fully equipped clubhouse, landscaped gardens, gymnasium, swimming pool, recreation rooms, outdoor sports courts, children’s play area, party hall, and meticulously planned with utmost importance to state-of-the-art 24/7 securities.

Sobha Dream Acres Configuration

location-map

Project Location

Panathur
development

No. of Towers & Floors

50 Blocks
2B + G + 13 Floors
total-land-area

Total Land Area

81 Acres
types-of-units

Unit Variants

1, 2 BHK
no-of-units

No. of Units

6000 Units
possession

Possession Date

2019 Onwards
Unit TypeSize in Sq.Ft
1 BHK645
1 BHK656
1 BHK661
1 BHK745
1 BHK936
2 BHK1007
2 BHK1012
2 BHK1210

Sobha Dream Acres Specifications

structure-specifications-homznspace

Structure

  • Basement + Ground + 13 storied R C C structure with pre-cast technology.

floorings-specifications-homznspace

Flooring

  • Superior quality vitrified/Ceramic tile flooring and skirting.
  • Superior quality anti-skid ceramic tile flooring.

doors-specifications-homznspace

Doors

  • Main door and Bedroom doors of both sides laminate, with timber frame & architraves
  • Aluminium windows made from specially designed and manufactured sections.

plumbing-specifications-homznspace

Plumbing & Sanitary

  • Sanitary fixtures of reputed make in all toilets.
  • Chromium plated fittings of reputed make in all toilets.
  • Rainwater Harvesting drain pipes included.

security-specifications-homznspace

Security

  • Total 2 no of lifts of reputed make in each wing.
  • Advanced security system
  • CCTV Camera at all vantage points.

electrical-specifications-homznspace

Electrical

  • Modular switches
  • Copper electrical wiring all throughout via concealed conduits
  • Standby power of 1 KW for apartments and 100% power backup for common area facilities.

Sobha Dream Acres Amenities

gym-amenities

Fully Equipped Gym

club-amenities

Clubhouse

swimming-pool-amenities

Swimming Pool

tennis-amenities

Tennis Courts

amphitheatre-amenities

Amphitheater

walking-jogging-amenities

Jogging Track

badminton-amenities

Badminton Courts

basketball-court-amenities

Basketball Courts

gardens-amenities

Landscape Gardens

play-area-amenities

Kids Play Area

squash-amenities

Squash Court

supermarket-amenities

Retail Space

Sobha Dream Acres Price Details

Components considered in the below mentioned Approx. All Inclusive Price are :

Basic Unit Cost, GST, Car Parking Charges, Legal Charges, Club House Charges
Maintenance Deposit, BWSSB & BESCOM Charges
*Floor Raise Charges & Preferred Location Charges Additional
*Franking Charges, Stamp duty & Property Registration Charges Extra as per Govt Norms.
TypeSize in Sq.ftApprox. All Inclusive Price
1 BHK645Rs. 41 Lacs Onwards
2 BHK1007Rs. 63 Lacs Onwards
2 BHK1012Rs. 66 Lacs Onwards
2 BHK1210Rs. 78 Lacs Onwards

Call – 9590171171 for Detailed Cost Breakup

Expert Reviews on Sobha Dream Acres

  • checked

    Sobha Developers are arguably one of the best builders in the country

  • checked

    Major location advantage with close proximity to all the IT hubs in East Bangalore

  • checked

    Sobha Dream Acres is a true value for money project boasting a huge number of apartments

  • checked

    Project is Ideally suited to the requirements of the nuclear families

  • exclamation-mark

    Connectivity to the airport from the location is difficult

  • exclamation-mark

    Traffic woes are highly prevalent in the area while accessing Marathalli & Whitefield

About the Builder – Sobha Developers

sobha-developers-logoFounded in the year 1995, Sobha Limited is one of the largest real estate development company in India. It is a Rs. 22 billion company headquartered in Bangalore, having projects spread across 13 states and 24 cities.

Sobha Limited is primarily focused on development of residential and contractual projects. The residential projects include villas, row houses, plotted development, presidential apartments, luxury and super luxury apartments equipped with all amenities such as shopping complex, clubhouse and swimming pool.

Presently, over 35 residential projects are under construction aggregating to 27.32 million sq. ft. of space under development, 18.90 million sq. ft. of saleable space and ongoing contractual projects adding up to 9.50 million square feet of area.

Sobha has constructed wide array of structures for prestigious corporate clients namely Dell, Institute of Public Enterprises (IPE), Taj Group, Hotel Leela Ventures, Infosys, Bosch, HP, Biocon, Timken and more.

How to Book in Sobha Dream Acres?

Sobha Dream Acres Reviews

Sobha Dream Acres Reviews

Summary
recipe image
Project Name
Sobha Dream Acres
Last Updated On
Reviews
3.51star1star1star1stargray Based on 43 Review(s)
Harish Achar is the Founder of Homz n Space. He's a Passionate Real Estate Professional Harish is a MBA from IFIM in Marketing & IT. He has served industry's most Top-line companies like, DLF, Ajmera, Indian Express, Etc. After serving to multiple real estate firms, Harish identifies that; there is a huge gap in addressing homebuyer’s quires, consulting to home buyers & a Market Place for property seekers. So, as a team he decided to start of new online to offline platform - Homz N Space in the year 2011 along with his friends who has similar work experience & with the same vision. Today, as a company, We are proud that, we are the most trusted real estate platform for property seekers & we posses highest number of user reviews along with live discussions. We are Handling 500 + Real Estate Investors portfolios & We have helped 70,000 + Home Buyers to identify their dream home though our free consulting Model.

132 Comments on "Sobha Dream Acres in Panathur Road Bangalore | Price | Reviews | Offers"

newest oldest
Verified
anoop slathia

Hi Harish,
Is there any issue that Sobha Dream Acres (Rain forest wing 1-6) is facing because of NGT? I think BBMP is not giving OC to the builder.

Verified
shwetha kamath

Hi,

Have few queries.

1. What will be the rental income we can expect from 2 BHK apartment in Sobha dream acres project
2. What will be ROI value if I sell Sobha apartment after 10 years

Verified
Rosalin Pradhan

Hello Sir,

Thank you for sharing the valuable information …. can you please help on the following queries ?

1. I am planning to take Sobha 1000SFT for investment purpose .How much return we can expect after 5 years ?

2. Do you see any challege w.r.t huge inventory as lot of apartments will come up in few years. Will it create problem to sell my unit in short time ?

3. Varthur road expansion is also on hold .. will it be futher delayed?

4. Railway underpass is with center govt .. what is the expected timeline

5. any water suppy issue for this project as crowd will be high.

6. For quick sell , shall i need to choose Vastu compliant flat in Sobha .What kind of flats can be sold faster?

7. Will it be over crowded i.e. we will hardly get oppertunity to use Gym etc..

8. Is 1000 SFT very small .. so people might not easily convinced to buy ?

9. Which project is good for investment and quick liquidity after 5 years ?

Verified
Kshitish Pradhan

Hello Harish Sir,

Can you please clarify the following ?

1. Is there any impact of high tension wire for tower 1 to tower 6 . What is the voltage 33 KV ?

2. Due to bigger space .. maintenace cost might be higher . How much maintenace cost is expected for 1000 SFT flat

3. Is it possible to provide power backup for such a large community

4. Will it be over crowded ? does it create any incovinince while using amenities ?

5. Railway underpass might not be expanded .. do you see any possibility ?

6. Does BBMP confirm to shift the garbage location to some other area ?

7. When all 7000 flats will be completed ..till now they just completed 3100.. I think they are selling 300 to 500 flats per year ..

8. Huge inventory in this area .. so price might not be appreciated and easy rental might not be possible.. Please confirm .Even Sobha has not increased the price much.

9. do you suggest this for investment cum end use ( i have max budget of 60 L ). when the flat will be appreciated ? We don;t see the possibility for road construction before election . Once GOVT is changed , then things might change.

10. All having common wall .. do you see any possibility noise pass.

Verified
Sandeep Parmar

There is BIG GARBAGE DUMP YARD along with wall of Sobha Dream Acres. with smell and health issue this project will be worst.

prabhat kumar
Contributor
prabhat kumar

do not book in sobha dream acres the diffrent issues are 1. approach road is not good very narrow road 2.the corridor passage is 1.3 mt only it is horrible .3. do not take a risk of booking by the words of clever marketing people if you book and cancel your money is gone 4.the quality of work is not so good if sobha builders name is concerned.5. sobha dream acre people will torture by not responding once you booked.and their startegy is to get your loan sanction delayed so that you will pay daily interest to them.6.the plan is not good it is just like a hotel with narrow corridor.7.think 1000 times before booking once you book you are trapped.

Verified
Sachin Ahuja

Thanks Dude.. it helped..

Verified
deepak nayak

Learn that the marketing team mentions an earlier date for pocession,than what’s on the sale agreement .Wouldn’t have mind if it was a few months,but looks like it’s beyond a year.Should be straightforward for a reputed company like Sobha to commit to the date in the paperwork,that their marketing team mentions during property walkthrough.

Nirmal
Contributor
Nirmal

I had a very bad experience with SOBHA. do not believe any sales person from SOBHA. They may tell you 1% cash back from CP at the time of booking, you will not get that.
But once booking amount given they will never pick your phone, even they will not reply to your mail. Finally you have to accept that you did mistake by booking property.
My CRM was Mr. Pradipta (from orisa ) do not believe him at all. I hope he dont know any rule of SOBHA he may say any thing only to get the bookings. even do not believe addressofchoice.com

Kinshuk
Contributor
Kinshuk

Hi Harish Sir,

In which part Bangalore is growing rapidly ?

East Or North ??

1. when all 6800 apartment will be completed ?
2. There is a road in between this project and PLV … where this road will connect in ORR .Do you know the planned date of completion .

3. What is the carpet area in this SD project ?
4. Do you think 6800 will be huge crowd , so lot of noise and disturbance in the campus .Any such big project in Bangalore ?
5. Is Sobha planning any commercial separately near by ?
6. What about the bottle neck of Railway under passage .. Road will expanded to 60 FT .. not sure about this bottleneck , any information on this ..
7. as per the size .. is it overprice ?? how much price is increased since first prelaunch @ 2015 ..
8. Any Graveyard in this project ?

Kinshuk
Contributor
Kinshuk

Hi Harish,
Thank you ..My requirement is for self use + Good appreciation .Means I want to stay till I am in Bangalore , if i am shifting to another city then i should be able to sell faster or get good rental income without much wait or struggle.

As of now i have the following shortlists ..

1. Sobha Dream ( around 60 lakhs )
2. Assetz Cosmos ( around 60 lakhs )
3. Sumdhura eden garden ( we might get bigger room with less price )

Which one will be best for my requirement.

Here is my analysis.
– Better to go for Cat A developer’s project, so in this case Sobha and Assetz.
I am worried for more crowd ..

Though Sobha’s size is 83 acres , but 6800 apartment .. ( per flat = 0.0123 acres ), looks like we can enjoy with in the big campus , what do you feel ? Is there any such big project in Bangalore or India .. we can see the real-time situation.

Even in Assetz also 384 flat in 3 arces ( per flat 0.0078125 which seems to be lesser than Sobha ) . Since the area is small ..no much options for crowd dispersement ) . Will it be more congested ? More 1Bhk and studio .. i am not sure if family will stay in these flats , might be more bachelors . Quality is lesser than Sobha etc , not sure about the reputation in Banglore market , whether they gave OC on time etc..

If ITPL sorrounding has still good rental or new house demands then we can get bigger size (2.5 bhk) with 55 lakhs..

Could you please share your valuable thoughts considering my requirement ?

Thanks

Kinshuk
Contributor
Kinshuk

Hi Harish Sir,

Could you please help me with the queries in my last post ?

Thanks a lot for your support and help …. Also I am thinking the below approach , do you think will this be possible ..

Make a group with like minded people and make a group house or apartment so that cost will be less .. not sure if this will work .. please let me know if anyone has executed like this earlier.

Regards

Ajit
Contributor
Ajit

Hello Harish,

I have confusion about Shobha Dream Acres and rohan iksha 3rd phase ?

Can you suggest me which one will be better ?

Ajit

dipika
Contributor
dipika

what about the dumpyard?? Also Sobha had told car parking would charge 2.5 lakhs to 3 lakhs. Now they are saying the price is at 4.5lakhs. Yet I have not been allocated CAR parking and the price can increase based on Customer demand

Verified
Sandeep Parmar

Hi Harish, You should inform people about BIG GARBAGE DUMP Yard alongwith Sobha Dream acres wall. Buildling 7,8,9,10,11,12,13,14,15 will be HEAVLY affected with this. Resident will have health issues in this project. You should have included this also to all reviewers.

Shubho
Contributor
Shubho

Hi All,
I have booked a flat in wing 13 in sobha dream acres. Please contact me if anyone of you has bought a flat in wing 13, I am planning to form a community for ease of discussion.

Bini
Contributor
Bini

I have seen their modem flat of 1200 sq ft . When asked the actual carpet area that we will get the sales person were to shy to say it. The house looks pretty small. Actual carpet area is around 60% only. Also the complex looks claustrophobic . Not a good layout .

Verified
Arpitha Venugopal

Most of the time, it’s a compromise in a city like Bangalore. The apartments are congested with no open spaces around. I came across Sobha Dream Acres recently, a project which is spread across an area of 81 acres. With 80% open spaces, this surely is a project worth its money.

prabhat kumar
Contributor
prabhat kumar

IT IS JUST WORST PLAN BUCWAS PROJECT

Verified
Harsh Jain

On Sobha Dream Acres website, it was written that they are fully backward integrated. I did not know what it meant. To know backward integration properly, I visited the Sobha Dream Acres precast factory. They explained, saying, all the elements needed for a home were being manufactured by them. This gave them better control over the quality of their project.

Verified
Harsh Jain

In all the major cities, the common problem I have faced is living in congested apartments. It is different in Bangalore though, as Sobha Dream Acres is providing 80% of open spaces.

Verified
Hemanth Gowda

In all the major cities, the common problem I have faced is living in congested apartments. It is different in Bangalore though, as Sobha Dream Acres is providing 80% of open spaces.

Verified
Hemanth Gowda

The project is set back from the main roads and so makes for nice, calm surroundings. It is close to everything and so very convenient. This project is just ten minutes away from Sarjapur-Marathahalli ORR, and Whitefield. Forum Value Mall and Central Mall too are just around the corner.

Verified
Arpitha Venugopal

Recently, I read an article on the internet which stated that construction companies in India are switching to precast technology. After a little research, I came to know that Sobha Dream Acres has adopted precast technology for their entire project. I got in touch with them and learnt that there are a number of benefits for homebuyers from precast homes, both financially and structurally. So my wife and I went ahead and invested them with.

Verified
Hemanth Gowda

I was looking for a good home close to Whitefield. Upon my friend’s recommendation, I landed up on Sobha Dream Acres website and had a chat with their team. I then visited their office near Varthur. We had a very good discussion. I decided to invest with them, because I had found a good home which is both close to my children’s school and to my office in Whitefield.

Anonymous
Contributor
Anonymous

They are handing over one phase in 2019, but they have taken almost more > 50% amount from me for that. They ask for payment request checks many times in a month, out of that if you try to pay first installment before its due date and lets say bank somehow because of holidays or some confusion or for any other reason payment gets delayed by bank even for a day than due date, then Sobha calculates interest on whole amount (where there are still 15 days for second installment due date and Soba calculates interest on both installments even for a day also and add it as debit amount from your account calculations). And they keep asking checks multiple times in a month. Think before you invest in Sobha! Big name is not always the RIGHT!

Dinesh
Contributor
Dinesh

Hello Harish,

I am stuck between Shobha Dream Acres and Bren Champions Square. Which is the better alternative?

Dineshotham Khambhammettu
Contributor
Dineshotham Khambhammettu

Hello Harish,
I am in a fix between Shobha Dream Acres and 2BHK at Bren Champions Square which is due for possession only in 2019. Could you share which would be better option?

ragavendra
Contributor
ragavendra

There is a secondary rajakaluve (storm water drain) passing through the property. Some wings are built in its buffer zone (as per new NGT rule). Although BBMP approved the plan, as experienced in the recent demolitions, there is a clear risk in future

Kumari
Contributor
Kumari

I have been a part of Sobha family for a while now. There hasn’t been any issues from their side. Great customer support service as well.

Sarma
Contributor
Sarma

Could any one please throw light on the GRAVEYARD near by Sobha Dream Acres.
I have booked a flat a week back and was not aware of this.
Also, could someone please share the info on the water table.

Sobha Dream Acres
Contributor
Sobha Dream Acres

One of the most positive thing for this project is it’s affordability. Sobha dream acres suitable project for middle class nuclear families with affordability in mind. Good accessibility project to all majors IT corridors in Bangalore east with nice amenities and lots of open space.

Amit
Contributor
Amit

Hi Harish,

Planning to buy a 2bhk of 1000 sq ft. But heard that possession date is in 2020 June. But marketing guys are saying that it will be delivered a year before the agreement date as they have precast technology n work is in full swing. Please advise that is it true or possible that they deliver early or did that happen in earlier project of Sobha where they used precast.

Thank you,
Amit

Kumar Nayak
Contributor
Kumar Nayak

Hi Amit, My friend too had the same doubt regarding the delivery of the project. Before booking, we had visited their site and had seen their precast technology. Its an amazing technology and this has already been used in many countries.The work is really moving at a fast pace. And we too, were satisfied with their work. After a good amount of time spend on research, my friend finally booked his apartment. And now he is really happy with his decision

Abhishek
Contributor
Abhishek

Hello Harish,

I have lot of questions about the Sobha Dream Acres project. I have already booked an apartment in phase-1 and now I am skeptical.

1) Approaching road is very narrow and crosses under the railway bridge. They have told that the CBD plan is there and they are making a road next to Croma which will join the other railway underpass. Is this true?

2) Storm water drain or Nala is passing near the phase-1 wings. I went on Gandhi Jayanti and foul smell is coming. In the project this is the most highlighted area in all videos and pictures. Sales team confirmed that the landscape will be created and this is most greener and open space in the project. Is this true?

3) Space between the 2 flats in a building is very narrow aroung 4.2 ft.

Ashfaque Khan
Contributor
Ashfaque Khan

Hi Harish, I booked 1BHK( 745 sqft – 5294/sqft ) in Sobha rain forest project . After booking I heard lots of bad reviews about this project. Now I am feeling skeptical about it.
I need an expert advice whether to go for remaining payments or not. I dont have much time in hand.

Nikhita Sharma
Contributor
Nikhita Sharma

Hi, I have been a customer of Sobha Projects for a long time, I never had problem after booking. What they promised, they will deliver. So what I could say is you can trust the brand Sobha.

Kiran
Contributor
Kiran

Harish,
Would you suggest between Sobha Dream acres and Assetz Marq and SNN Green Bay ….each at different locations in the city .
Investment purpose

Bhabani
Contributor
Bhabani

DId any one booked other apartments in that area, I checked out few they were much less than Sobha but they are not that reputed though.

DM
Contributor
DM

I booked in Samruddhi Winter Green in the same area (much before sobha towards ORR)

Customer
Contributor
Customer

I recently heard that they are telling customers that they are giving less space outside (corridor 4.2 ft) so that they can give you more space inside, so I took my paper and pen and found that they are giving less than 69% carpet area.. most of the people do not do the calculation and accept marketing team words. reality is they are giving less corridor to make more flats, even 100 EXTRA flats will give them profit. govt put restriction on FAR(FLOOR AREA RATIO), Govt say in this much land you can do max this much construction area…whether that area is used for corridor or for some more extra flats is up to builder.

Below is the calculation.(this calculation is for 1205.47 sqft flat)
1205.47 sqft is equal to 111991827.6 sqmm. (since Sobha specify area in MM hence I am doing calculation in MM)

kitchen= 7650000 sqmm
balcony= 8362800 sqmm
living= 25398000 sqmm
Bothy Toliet= 7200000 sqmm
kids Bedroom = 10404000 sqmm
master Bedroom = 14314000 sqmm
passage (1050×3600) = 3780000 sqmm

Total is 77108800 sqmm

1205.47 sqft is equal to 111991827.6 sqmm and 69% of it is 77274361.044 … means they are not giving even 69% carpet area and saying that we are giving less space outside so that we can give more space inside.

Prabhu
Contributor
Prabhu

The definition of Carpet Area as per builders is different than what we presume:

http://www.credai.org/code-conduct
“Carpet Area, as per CREDAI definition, shall mean the area arrived at by deducting the areas of core thickness (i.e unplastered thickness) of all the outer walls from the above defined Built Up Area.”

Carpet Area = Area of the apartment – Area of exterior walls of the apartment
= Area of all rooms, between walls + Area occupied by interior walls.

Lakshmi
Contributor
Lakshmi

I think the reason is because there goal might be to provide maximum space inside to feel more comfortable. I prefer more space inside than outer space

Cheated
Contributor
Cheated

In the name of Sobha they are giving Corridor of 4.2 feet… before booking get a measuring tape and measure the corridor width. ask yourself if you have seen a corridor width of this small space in any apartment till date.
7 000 flats will make the space really crowded… not a good floor plan too..
i want to sell my 2 bhk (1205 sqft)…if anybody is interested then please please reply here.

Anil KV
Contributor
Anil KV

Hey, I get what your talking about, I have seen many other projects like this, others will give specific corridor space, the corridor space you have mentioned in your comment, I believe it is very spacious and comfortable space.

Ankit Nagpal
Contributor
Ankit Nagpal

Hello I’m planning to buy 2bhk. Can you please contact me on my number. I’m planning to buy it anyhow
Mobile 7259886533. Ankit nagpal.

Ankit Nagpal
Contributor
Ankit Nagpal

I’m planning to buy 2bhk
Could you please me: 7259886533

Verified
Kshitish Pradhan

Please call me @9945062559

suchithra
Contributor
suchithra

hi harish, I also booked a flat in sobha but after reading reviews about narrow road and a a varathur lake condition iam totally upset in my decision.what about ur opinion is there will be a positive change , sobha team said there will be a road from the backside of the project to horizon college through prestige sunny side is it correct? if so how it will help us without crossing varathur lake.is varathur lake water will effect underground water of shobha dream acres I think it is only 2kms away from this project please help me to clear my queries

Anil KV
Contributor
Anil KV

My first investment was in a flat built by them a few years ago, after my cousin’s Suggested Sobha to me. To be honest, I have never had any kind of issues with Sobha, be it on- time delivery, quality promised or their pricing.So Suchithra, all your doubts can be put to rest , as any pending issues will be solvedbefore delivery.

SV
Contributor
SV

Hi Harish,
I have been evaluating Sobha dreamacres vs Prestige Lakeside Habitat. I am considering it for a self use and investment. Kindly help by providing an objective view on which project is worth our hard earned money?
Thanks!

jitesh
Contributor
jitesh

sobha is a brand name, sobha halcyon is the one of the best projects compare to all projects, i wanted to book one flat but cost is too much, how you feel about the area, also there is a narrow road infrount of the project, is there any appreciation after completion ? and how much rate after 3 years ?

jitesh
Contributor
jitesh

sir, I wanted to know about sobha halcyon, everything is good, but the project is bifericated in two parts, is there any problems recidents facing ?

Prasad
Contributor
Prasad

Hi Harish. This is very informative. I have one query regarding water there.

Location doesn’t look to have BWSSB water supply yet, I understand that is still developing.

Areas in vicinity are also not having water connections like Panathur.

In case you know, could you let know if BWSSB is planning to provide water supply considering the volume of families going to live/no of projects in that area by 2019.

SamJ
Contributor
SamJ

Below statement found in this review is the joke of the CENTURY!!!

In terms of the water table, Varthur has an excellent supply of water thanks to the lake it is home to.

Ritesh
Contributor
Ritesh

Hi Harish… What are the best projects in Bangalore based on only ROI?

vijay
Contributor
vijay

I have heard there is a graveyard nearby. Is it tru

Bala
Contributor
Bala

Yes Thats what I heard and people saw a lot around that area looks like mostly they are razed down

Sanjay
Contributor
Sanjay

Hi Harish…. We had got the project in Thanisandra Provident Harmony as investment… We got a nice appreciation for the price we had bought ….Now planning to sell it and invest in Sobha aspiartional homes….The posssesion of Provident Harmony is within 4 months and will start yielding rental income….whereas Sobha would take atleast 4 years from now…. what according to you would be a wise idea to keep Provident or to sell it and buy in Sobha dreamacres from purely investment point of view. Thanks.

Gomtesh
Contributor
Gomtesh

i was also looking for any houses within this range and that also offer 2 balconys..Any suggestions?

Gomtesh
Contributor
Gomtesh

Is this still available..and when is the construction starting..and you mentioned that the occupancy is beginning 2019?
i was looking for a decent 2BHK and this seems to be pretty good one.>Can you suggest any good options in this range which is within the city’s vicinity like this?

Bhuwan
Contributor
Bhuwan

Hi Harish.. I have been following your website for quite a long time. I must say you are doing a commendable job. I am half minded in investing for this project. This would be only for investment purpose or good rental income if I am not reselling it. I have been to the site yesterday & met the Sobha team. The price for a 2BHK large comes about 70L incl registration. That makes it around 5785 psft. ( 7000000/1210). My point is that as per you if we are getting 6000-6500 in 2018/19 for this this does not seems to be a good ROI i.e 72.6 to 78.6..

What are you thoughts on this

Ayyappa
Contributor
Ayyappa

Hi Achar/Bhuwan,

Profit you said 1220 ? by 2018/2019. But if you calculate Rate of Interest that you already started paying from booking time to possesion of your total amount will be more than your profit 🙁 In this case where is the profit ? it’s all like business and likely of individual decision. Nobody telling when the road completion will over. In site they showing basic price budgetable, where the final cost looks like premium cost.

Smriti
Contributor
Smriti

Hi Harish…By when is the road expected to be widened, though the approvals are there but any idea by when widening is expected to be completed.
Secondly, five phases which are there planned in the project, how long it will actually take for the builder to complete. Also if there is dip in demand, project may go slow and will it not create trouble for people who will start living there after possesion is given in 2019, like the way it is happening in Adarsh project wherein even after 7 years all the phases are not complete and the residents who have started living in initial phases are facing problems because of construction going on in the campus.

Hari
Contributor
Hari

Hi Harish…can you please suggest the best project out of ROW, PLH and Sobha Aspirational Homes? or any other as an investment option? Thanks..

Debashis Mallik
Contributor
Debashis Mallik

Hi..I have given 1 flat as option to book under expression of interest .But I noticed that my flat will be facing towards the high voltage electric polls.So will it be a problem for me in near future.If yes ,any idea when the booking in other phases will be started,so that I can wait for the same .

Dev
Contributor
Dev

Why is it that the name of the project being changed multiple times by Sobha? Earlier it was Sobha Green acres, then changed to Sobha Aspirational Homes and now it seems again changed to Sobha Rainforest. Or these are different project at a same location?

chiranjeevi
Contributor
chiranjeevi

Completion of the phase 1 called Rain forest will be completed in 3.5 Years. Other phases which total 5 phases will be completed in one year later respectively.

Expected Appreciation 6500 in 3.5 Years.

Parag
Contributor
Parag

Hi Harish,

What is the tentative time of completion of this project. I have hear about the completion time of 4 years? would the entire project(6k Units) be completed in 4 year time?Is it a good project to go for from investment as well as living perspective?Thanks.

Parag

rohit
Contributor
rohit

Hi Harish,

I have heard a lot of positive reviews about this project. Can you please suggest if Its a good bet for investment?

Thanks,
Rohit