Sobha Neopolis in Bangalore is a residential project that offers houses in the most preferred area of Panathur Road in East Bangalore. The project has 1875 flats, and these flats are 19 high-rise towers. Each tower has 18 floors in it. The project has a total of 225 units, including one BHK flat.
Sobha Neopolis 1 BHK Price is from Rs. 89 Lakhs. The pricing for 1 BHK apartments varies depending on the placement in the tower and the size chosen. There are 1 BHK flats of different sizes ranging from 660 sq ft. All the units are of compact size that is suitable for bachelors.
The 1 BHK flat in this project is compact and small in size. It is suitable for small families where only a few people are a part of the household. The 1 BHK flat in this project has
The project has 1 BHK flats of different sizes in diverse budget ranges to suit the needs of all buyers. The prices of 1 BHK flats here in this project are more reasonable than other flats.
A 1 BHK apartment will be more accessible for you because you are not required to pay much maintenance, property tax, utility costs, upkeep, and the necessities needed, unlike other large homes or apartments. Some advantages of 1 BHK flats in Sobha Neopolis are
All the 1 BHK flats in the project are of good quality as the project uses quality materials for construction. All the units will have good ventilation with a lot of natural light. All units have big storage areas and will have a good finish.
The Payment Schedule for 1 BHK flat in the project offers a better Payment plan with installments based on the size. The buyer can pay 10% of the amount on the booking day and 10% of the payment within 30 days of the booking. The rest of the amount will be set based on the building stages. The Payment Schedule for Sobha Neopolis 1 BHK flats is as follows
|Booking Amount in||890,617|
|Payable within 30 days from Booking Date in||890,617|
|On Completion of Foundation Works in `||445,308|
|On Completion of the Low Basement Roof Slab in `||445,308|
|On Completion of Ground Floor Roof Slab in `||623,432|
|On Completion of the 3rd Floor Roof Slab in `||623,432|
|On Completion of Sixth Floor Roof Slab in `||623,432|
|On Completion of Ninth Floor Roof Slab in `||623,432|
|On Completion of Twelfth Floor Roof Slab in `||623,432|
|On Completion of the 15th Floor Roof Slab in `||623,432|
|On Completion of Terrace Slab in `||623,432|
|On Completion of Internal Skim Coat in all the Apartments excl Balconies, Utilities, Common Area, Shafts, Ducts etc., in`||712,494|
|On Completion of Internal Flooring in all the Apartments excl Balconies, Utilities, Common Area, Shafts, Ducts etc., in `||712,494|
|On Final Payment Request Letter in `||577,448|
|Total Value excluding Registration & Stamp Duty in `||9,038,310|
The Cost Sheet of the 1 BHK apartments presents the breakdown of the costs, which includes Basic Costs, Charges for Development, GST, and other Maintenance Costs. Other charges include registration fees, stamp duty charges, etc.
The cost sheet of 1 BHK flats in Sobha Neopolis is as follows
|Unit Number||R1 - 14051|
|Type of Unit||1 BHK|
|Carpet Area in sft (C)||435.73|
|SBA (S) in sft||660.70|
|Basic Value in ` (BV)||8 ,227,697|
|Development and Infrastructure Works in 9||2 54,370|
|Total Value excluding GST (V = BV + AC)||8,482,067|
|Goods and Services Tax @ 5% on V in ` (GST)||1 ,277,140|
|Goods and Services Tax @ 5% on V in ` (GST)||4 24,103|
|Basic Value with GST in ` (A = V + GST)||8,906,170|
|Maintenance Deposit in `||1 32,140|
|Total Value excluding Registration & Stamp Duty in ` (D = A+B)||9,038,310|
The other charges include
The demand note for payment will be on the basis of the completion of the milestone attributed to the particular Wing in the project in which the above apartment is located. The Basic Value is inclusive of One Car Parking Space for all 1 BHK, 3 BHK + 2T and 3 BHK units, and Double Car Parking Space for 3 BHK + HO and 4 BHK units.
The project is in a prime location with all the needed features nearby, and investing in the project is a wise decision as the single-bedroom costs are reasonable now, and it will give good returns in the future. 1 BHK apartments are cost-effective as the rents, utility costs, property tax, bills, maintenance charges, etc., are much less.
Sobha Neopolis appears to be a great township with affordable flats starting from Rs. 89 lacs for 1 BHK.
As we know, buying property is a major investment; it becomes extremely important when we invest in the right kind of property, and Sobha Neopolis 1 BHK price is affordable so that everyone can invest.