Sobha Limited is among the names that first come to anyone’s mind when considering or discussing about real estate in India. Sobha has, over the years, built an enviable reputation in this sector, owing to a number of factors such as the diversity of its offerings, the quality of its construction and the amazing reach it has across not just India, but also the Middle East.
Sobha boasts of some of the most impressive residential and commercial properties one can see such as Sobha City in Bangalore and the Infosys Global Training Centre in Mysore to name just a couple. Their construction quality is unparalleled, which arises from their being a backward integrated developer, hence having control over their material as well, their attention to detail and from their whole-hearted embrace of modern technologies such as Precast construction, which greatly reduces construction and hence, possession time. Sobha has, over the years, won numerous awards in various prestigious real estate ceremonies.
Sobha has always kept its customers at the forefront of its offerings. With the major developments of GST and RERA now a reality, the real estate sector is bouncing back, with reputed developers such as Sobha (who have taken a lead in registering under Karnataka RERA) in heavy demand. Following the success of their ‘Now or Never Sale’, Sobha is now coming up with the Freedom Sale on the 19th and 20th of August 2017 in Bangalore. Whether one is looking for 2, 3 or 4 BHK apartment or a villa or plot, one can simply walk-in to any of Sobha’s projects and get the information they seek and make bookings at the same time.
The following table is a listing of Sobha’s various projects with their names as under Karnataka RERA’s websites and their reference numbers:
Sobha Silicon Oasis Phase 7 Block 2 and 3 (Row house No. 1 to 8 & 11 to 17)
Sobha Silicon Oasis Phase 6 Block 2 and 3 (Row house No. 9, 10)
Sobha City – Casa Paradiso Block 4
Sobha Palm Court
Sobha Valley View – Heritage
Sobha 25 Richmond
Sobha Arena – The Park (Block 2)
Sobha Arena – The Plaza (Block 3)
Sobha Morzaria Grandeur 2 (W1)
For a discerning home buyer looking for their dream home by Sobha, this is as good a time as any to make a purchase. As part of the offer, Sobha is offering the best deals for properties ranging from Rs. 73 lakhs to Rs. 9 crores. It’s truly an opportunity one should look to take advantage of!
South Bangalore vs North Bangalore is a debate that never seems to reach a conclusion. While North may boast of the International Airport, the South is not far behind with its robust infrastructure facilities and the old-world charm of the city.
Paul Goldberger, an American architectural critic once said, “Infrastructure creates the form of a city and enables life to go on in a city, in a certain way.” Truly, the way infrastructure can catalyse the real estate growth of any region is nothing short of remarkable.
About two decades ago, South Bangalore was synonymous with old residential neighbourhoods and broad roads with trees adorning the lanes. Several traditional shopping centres and old factories could also be spotted back then. Today, however, the region displays a completely transformed landscape with huge residential catchments. Due to the establishment of IT corridors and manufacturing belts coupled with several infra upgrades; it did not take long for micro-markets in the southern region to become bourgeoning residential hotspots. With high demand from the tech professionals in the area, several residential areas sprouted over the last few years.
And with the Metro chugging into the south, localities in the region will now be well-connected with the CBD areas as well as the outskirts.
So, let’s delve deeper into the growth journey of South Bangalore realty market.
Constantly Improving Infrastructure
Both physical and social Infrastructure in South Bangalore have seen constant upgrades over the last few years. These include:
NICE Road: The NICE Road, which was designed to connect Bangalore and Mysore, has helped denizens to travel effortlessly through the peripheral areas in the south and west via Tumkur Road (NH4), Magadi Road, Mysore Road, the 9km link road connecting the city centre to the NICE Ring Road, Kanakapura Road, Bannerghatta Road and Hosur Road near Electronics City.
Hosur Road: The 10km Hosur Road Elevated Expressway connects micro-markets from Madivala right up to Electronic City.
Outer Ring Road (ORR): The signal-free ORR has connected the southern part of the city with the east and the north, linking the IT hubs and the international airport.
Namma Metro: The Green Line section of Namma Metro, connecting Mantri Square Sampige Road and Yelachenahalli, was recently thrown open to public. This 12km stretch will bring South Bangaloreans on board and will also allow commuters on the north-south and east-west corridors to switch lines at the Kempegowda-Majestic Interchange.
On the Anvil
Cauvery Water: The proposed Cauvery Water Supply Phase 3 project will ensure water supply for the region, a major problem faced by the fast-moving markets in the city.
Airport: Under the UDAN Scheme, TN government is planning to build a domestic airport in Hosur Aerodrome. If this becomes a reality, then residents of South and South-Central Bangalore will just take about half an hour to commute from Electronic City to Hosur as opposed to the two-hour to Devanahalli.
IT/ITeS & Manufacturing Hub
• Traditionally home to several manufacturing industries, South Bangalore gained prominence with the setup of its first MNC in Electronics City. Developed back in 1978 by KEONICS, Electronic City is one of the most popular IT/ITeS hubs in the city. In fact, the credit for the epithet of Silicon Valley of India to Bangalore largely be attributed to this 580-acre IT Park.
• As NICE Road allows people to bypass the city traffic, it has seen active interest from IT companies who are setting up their offices around the nodes. Around PES Institute of Technology, companies like Bosch and HP along with Velankani Tech Park have their presence.
• Mysore Road being a major manufacturing hub has also catalysed the demand for affordable projects in the satellite town of Kengeri.
Due to realistic property prices, the appreciation potential of South Bangalore is relatively higher than its counterparts. For instance, there has been an approximate, 40% rise over the last six years.
All these developments have increased the focus on South Bangalore with leading developers launching their projects especially along the Mysore Road, Kanakapura Road, and Banashankari. From unspoilt beauty of the forest to a sports themed project, Sobha Ltd.is building not just projects but homes that transform lives of people aspiring high.
Top Three Markets in South Bangalore
From a sleepy stretch to a residential hotspot, the metamorphosis of Kanakapura Road can be attributed to the NICE Road and Peripheral Ring Road (PRR). The stretch enjoys seamless connectivity to central areas of Bangalore, Mysore Road and Bannerghatta Road.
It also boasts of several eminent educational institutions including International Institute of Aerospace Engineering and Management, CREST, among others.Buoyed by these factors, renowned developer like Sobha has launched a few projects along the stretch including Forest View and The Park & The Plaza.
Another stretch that has carved a niche for itself in the southern region is Hosur Road. The presence of several IT/ITeS companies have attracted developers to launch their projects along the stretch. For instance, Sobha launched Silicon Oasis, which boasts of 4 acres of uninterrupted green space with units decked with home automation, luxury fixtures and latest amenities.
The growth story of South Bangalore is incomplete without Mysore Road. Proximity to various educational institutions coupled with industrial developments, and excellent connectivity from ORR and NICE Road have worked well in the favour of this stretch.
While there are several areas that fall along this road, Banashankari is quite popular being one of the oldest in the city. A residential project that is doing the rounds here is Sobha Heritage. A Juliet window to gaze from, gorgeous gazebos, a cascading pool, lobbies done in the baroque, rococo and neo-classical styles can truly be considered as the pinnacle of luxury living.
Sobha Clovelly is another project in the vicinity (Uttarahalli) that is making headlines for boutique living concept in the city. Decked with plush amenities, the project promises amazing views and complete privacy to its residents.
The details displayed on the website are for informational purposes only. Information regarding real estate projects including property/project details, floor area, location data has been sourced from multiple sources on best effort. Nothing contained herein shall be deemed to constitute legal advice, solicitations, marketing, offer for sale, invitation to acquire by the developer/builder or any other entity. You are hereby advised to visit the relevant RERA website before taking any decision based on the contents displayed on the website.
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