Sobha Neopolis 3 BHK Price

Sobha Neopolis offers large and opulent 3 BHK homes on a sprawling expanse of 25 acres at Panathur Road and has 1181 elegant 3 BHK apartments. It has 14 big 3 BHK flats with study rooms. All the apartments in the project are over 19 towers, each with 18 floors.

The prices of the apartments here vary depending on the location, size, and amenities offered. There are 3 BHK flats of different sizes, and the price differs with the size. It also varies with the placement of the apartments in the project.

Sobha Neopolis 3 BHK Price is from Rs. 2.3 Crores to 2.72 Crores. Besides the budget-friendly price, the flats are airy and well-designed, keeping in mind the requirements of home seekers. The 3 BHK apartments are available in different sizes, ranging from 1611 sq ft to 1915 sq ft.

The brand value of Sobha Limited is a factor that influences the price of the apartments. This property is sure to bring you a lot of prosperity, peace, and well-being. The brand value adds to the premium pricing of Sobha Neopolis 3BHK apartments.

The 3 BHK flats are big with additional space, and it is for big families where numerous persons are part of a household. A 3 BHK flat in the project has

• 3 bedrooms,
• A big living room,
• 3 bathrooms,
• A kitchen and
• 2 or 3 balconies.

The project has 3 big BHK flats of diverse sizes that need privacy. It also has 3.5 BHK flats with an extra study room.

Advantages of 3 BHK apartments in Sobha Neopolis

A 3 BHK flat is the better option for a family, especially for big families. The rooms and a larger area will give enough space to enjoy together. There are 3 BHK flats with study rooms too, which gives additional space for the families. Some advantages of 3 BHK apartments in Sobha Neopolis are

Great Luxury

Big 3 BHK flats contain a generous living area with all the conveniences necessary for a happy life. The extra space can be used as office space, too.

Big Living space

One of the benefits of investing in a 3 BHK flat here is it will provide adequate space for a big family. Finding big homes with sufficient space can be challenging, but the 3 BHK flats in this project have enough room for everyone with better privacy.

Good Investment

Investing in a 3 BHK flat can benefit long-term as it is a good investment. 3 BHK apartments are generally in higher demand than small apartments, which means they can be sold for more money in the future. So, it is a better investment opportunity and will give good returns. By the time of possession, the value will increase, giving good resale value.

Cost Sheet of 3 BHK flats in Sobha Neopolis

The cost sheet of Sobha Neopolis is a statement that shows the various components of the cost for a product, and it shows previous data for comparison. The Cost Sheet of the 3 BHK apartments presents the breakdown of costs, which includes Charges for Development, GST, Basic Costs, and other Maintenance Costs. The other charges include registration fees, stamp duty charges, etc. You can deduce the selling price of the units based on the cost sheet.

A cost sheet document can be prepared by using historical costs or by referring to estimated costs. There are two types of 3 BHK flats in Sobha Neopolis based on sizes – 1611 sq ft and 1915 sq ft. The cost sheet of a 3 BHK flat of 1611 sq ft size in Sobha Neopolis is as follows

Unit Number	P4 - 12051
Type of Unit	3BHK+2T
Wing	12
Floor	05
Carpet Area in sft (C)	1,131.51
SBA (S) in sft	1,611.33
Classification	ELITE
Basic Value in ` (BV)	20,549,291
Development and Infrastructure Works in `	6 20,362
Total Value excluding GST (V = BV + AC)	2 1,169,654
Goods and Services Tax @ 5% on V in ` (GST)	1 ,058,483
Basic Value with GST in ` (A = V + GST)	2 2,228,136
Maintenance Deposit in `	3 22,266
Total Deposits in ` (B)	322,266
Total Value excluding Registration & Stamp Duty in ` (D = A+B)	22,550,402

Another 3 BHK flat in the project ranges from 1915 sq ft. The cost sheet has all the details including additional costs, maintenance deposit and other details. The cost sheet of 3 BHK flat of 1915 sq ft size in Sobha Neopolis is as follows

Unit Number	F3 - 12052
Type of Unit	3 BHK
Wing	12
Floor	05
Carpet Area in sft (C)	1,240.55
SBA (S) in sft	1,915.04
Classification	GRANDE
Basic Value in ` (BV)	24,805,513
Development and Infrastructure Works in `	7 37,290
Total Value excluding GST (V = BV + AC)	2 5,542,804
Goods and Services Tax @ 5% on V in ` (GST)	1 ,277,140
Basic Value with GST in ` (A = V + GST)	2 6,819,944
Maintenance Deposit in `	3 83,008
Total Deposits in ` (B)	383,008
Total Value excluding Registration & Stamp Duty in ` (D = A+B)	27,202,952

Payment Schedule of Sobha Neopolis 3 BHK flats

Sobha Neopolis 3 BHK Price offers a once-in-a-lifetime deal. Its prices and excellent listings are reasonable compared to the developed area and the other buildings. The Payment Schedule of 3 BHK flats here offers a convenient plan for simple installments based on the size. The buyer can pay 10% on the booking day and 10% within 30 days of the booking. The rest of the amount will get paid based on the building stages.

The payment schedule for 3 BHK flats of 1611 sq ft size in Sobha Neopolis is as follows

Booking Amount in	2,222,814
Payable in 30 days from Booking Date in	2,222,814
On Completion of Foundation Works in	1,111,407
On Completion of Low Basement Roof Slab in	1,111,407
On Completion of the Ground Floor Roof Slab in	1,555,970
On Completion of the Third Floor Roof Slab in	1,555,970
On Completion of the Third Floor Roof Slab in	1,555,970
On Completion of Sixth Floor Roof Slab	1,555,970
On Completion of Ninth Floor Roof Slab in	1,555,970
On Completion of Twelfth Floor Roof Slab in	1,555,970
On Completion of the Fifteenth Floor Roof Slab in	1,555,970
On Completion of Terrace Slab in	1,555,970
On Completion of Internal Skim Coat in all the Apartments excl Balconies, Utilities, Common Area, Shafts, Ducts etc., in	1,778,251
On Completion of Internal Flooring in all the Apartments excl Balconies, Utilities, Common Area, Shafts, Ducts etc., in	1,778,251
On Final Payment Request Letter in	1,433,673
Total Value excluding Registration & Stamp Duty in	22,550,402

The project has 3 BHK flat in other different sizes too. It has 1915 sq ft size which is bigger with all needed features. The payment schedule of 3 BHK flat of 1915 sq ft size in Sobha Neopolis is as follows

Booking Amount in	2,681,994
Payable in 30 days from Booking Date in	2,681,994
On Completion of Foundation Works in	1,340,997
On Completion of Low Basement Roof Slab in	1,340,997
On Completion of the Ground Floor Roof Slab in	1,877,396
On Completion of the Third Floor Roof Slab in	1,555,970
On Completion of the Third Floor Roof Slab in	1,877,396
On Completion of Sixth Floor Roof Slab	1,877,396
On Completion of Ninth Floor Roof Slab in	1,877,396
On Completion of Twelfth Floor Roof Slab in	1,877,396
On Completion of the Fifteenth Floor Roof Slab in	1,877,396
On Completion of Terrace Slab in	1,877,396
On Completion of Internal Skim Coat in all the Apartments excl Balconies, Utilities, Common Area, Shafts, Ducts etc., in	2,145,595
On Completion of Internal Flooring in all the Apartments excl Balconies, Utilities, Common Area, Shafts, Ducts etc., in	2,145,595
On Final Payment Request Letter in	1,724,005
Total Value excluding Registration & Stamp Duty in	27,202,952

The other charges to be paid to the Government include

• Stamp Duty Charges @ 0.1% of the Agreement shall be paid as per the t government norms.
• Registration and Stamp duty charges are to be paid at the time of execution of the sale deed.
• 1% TDS is to be deducted by the clients and paid to the Income Tax Department
• GST is as per the usual rates and subject to change.
• Other statutory charges will also be payable by the customers.
• Deposit / Charges payable towards Electricity Connection
• Deposit / Charges payable to the authorities towards Water and Sewage Connections
• The electricity consumption Deposit will be collected along with the Final Payment Request.
• In addition to the above Pricing, Advance Maintenance Charges along with the Final Payment Request Letter, including applicable taxes.
• Delayed payment interest charged would attract applicable GST.
• The demand note for payment will be on the basis of the completion of the milestone in which the above apartment is located.
• 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 one of the most promising locations in East Bangalore, a preferred residential zone with large IT hubs. The area connects various schools, malls, shopping, and IT hubs. The location is preferred for rental housing due to its nearness to IT hubs.

The project's price is reasonable, and as it is in a prime area, the prices will increase fast, giving good returns in the future. Sobha Neopolis 3 BHK apartments, being a part of a gated community, are apt to settle down with the family or can be an investment option for better prospects in the future.