Sobha Meadows is a new launch comprising of residential plots in New Electronic City, Mysuru. The plotted development is coming from one of the most trusted brands in the real estate market, the Sobha Group. Known for its remarkable architectural masterpieces, the developer has hosted some of their prominent projects across south and north India, such as SOBHA Palladian, SOBHA Dream Acres, SOBHA City, SOBHA The Park and The Plaza to name a few.
Advantages of plotted development
Plotted development comprises of a large number of various sized plots. It has been dubbed as a wise investment option owing to a number of reasons, in favour of both- the builder as well as the buyer. The monetization of land and sales pace is faster for plots than apartments. The projects can be completed in much lesser time than what will be required by an apartment or villa project. Plotted developments offer better internal rate of return for developers. There are also limited risks in project execution and approvals come along faster.
From the buyer’s side too, there is a higher investor demand in line with the fact that owning a land is a dream of a sizeable population of our country. The land can be owned individually or jointly along with family members or friends, promoting individual housing. There is also freedom and flexibility to design and personalize the space due to limited ownership.
Sobha Meadows: Location
Sobha Meadows at New Electronic City is located at an accessible distance from major transport nodes- Mysuru Railway Station being 7.8 KM away and Mysuru Central Bus Station being 9.6 KM away.
Sobha Meadows: Plot Size and Prices
Sobha Meadows will be developed over 5.92 acres of land parcel, with 86 units as a part of the project. The configurations of the plots range between 9:00 MT X 15:00 MT (30 FT : 50 FT) and 9:00 MT X 12:00 MT (30 FT : 40 FT). The prices of these plots start at Rs.22.99 Lakhs.
Sobha Meadows: Social Infrastructure
The development is located close to necessary social infrastructure such as schools, colleges, hospitals and recreational areas. Schools and Colleges located close-by are: JSS English Medium High School – 3.1 KM, Elegant International School – 6.2 KM and Podar International School – 6.8 KM. Hospitals are at an accessible distance too, such as Columbia Asia Hospital – 6.4 KM, Apollo BGS Hospitals – 10 KM, St Joseph’s Hospital, Bangalore – 8 KM and Narayana Multispeciality Hospital – 10.4 KM. Recreational and leisure areas such as B M Habitat Mall, Gokulam Main Road – 6.6 KM, Mall of Mysore – 11.3 KM, Forum Centre City Mall – 9.4 KM and GRS Fantasy Park – 3.7 KM are also located close to the project.
Sobha Meadows is also located close to major employment hubs and IT Parks such as Infosys – 3.3 KM, Wipro – 4.8 KM and Hebbal Industrial Area – 3 KM.