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Sobha Neopolis 4 BHK Price


Sobha Neopolis 4 BHK Price

Sobha Neopolis is a remarkable residential project spanning over an impressive 25 acres of land. The project is on Panathur Road in Bangalore. The project has 1875 flats over 19 towers. There are 18 floors in each tower.

Sobha Neopolis 4 BHK Price is from Rs. 3.52 Crores. The pricing for 4 BHK apartments varies depending on the floor band and the configuration chosen. There are 4 BHK flats of different sizes ranging from 2481 sq ft. The price varies which is based on the size and its placement in the tower.

The 4 BHK flats are big with extra office space and suitable for big families. A 4 BHK flat in this project has

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

The 4 BHK apartments are perfect for large families or those who appreciate extra room for needs. The luxury and comfort here are beyond comparison, making it an excellent investment for anyone looking to upgrade their lifestyle. All the 4 BHK flats here are big with needed privacy. All these flats have big storage spaces and needed living spaces.

Owning a 4BHK apartment offers the luxury of open spaces, even living in the city's heart. Having sufficient space ensures privacy for members of the family and their favorite activities, so there is greater peace at home. There is space for everyone who needs privacy in big families. All 4 BHK flats will have a better outside view of the green area.

Advantages of investing in a 4 BHK apartment

  • A 4 BHK apartment has more living space, which can benefit large families or if you need dedicated rooms for various purposes like guest rooms, home offices, or entertainment areas.
  • It will be more comfortable as it will have a big place to live.
  • It is an asset for the future as it will give good returns.
  • The extra space can be used as office space or for business too.

All the 4 BHK flats here are of the best quality, and only high-quality materials are used for construction. The flat has a lot of green areas with a lot of modern amenities. All the units are big, with windows for better ventilation and light. There are eco-friendly features, and investing in the area will give better returns later.

Payment Schedule of Sobha Neopolis 4 BHK flats

The Payment Schedule for 4 BHK flats in the project offers a better Payment plan with simple installments based on the size. The buyer can pay 10% of the payment on the booking day and 10% of the amount within 30 days of the booking. The rest of the payment will be set based on the building stages.

The payment schedule is as follows

Booking Amount in 3,470,439
Payable within 30 days from Booking Date in 3,470,439
On Completion of Foundation Works in ` 1,735,219
On Completion of Lower Basement Roof Slab in ` 1,735,219
On Completion of the Ground Floor Roof Slab in ` 2,429,307
On Completion of Third Floor Roof Slab in ` 2,429,307
On Completion of Sixth Floor Roof Slab in ` 2,429,307
On Completion of Ninth Floor Roof Slab in 2,429,307
On Completion of Twelfth Floor Roof Slab in ` 2,429,307
On Completion of Fifteenth Floor Roof Slab in ` 2,429,307
On Completion of Terrace Slab in ` 2,429,307
On Completion of Internal Skim Coat in all the Apartments excl Balconies, Utilities, Common Area, Shafts, Ducts etc., in ` 2,776,351
On Completion of Internal Flooring in all the Apartments excl Balconies, Utilities, Common Area, Shafts, Ducts etc., in ` 2,776,351
On Final Payment Request Letter in ` 2,231,455
Total Value excluding Registration & Stamp Duty in ` 35,200,625

Cost sheet of 4 BHK flats in Sobha Neopolis

The Cost Sheet of the 4 BHK apartments presents the breakdown of flat costs, which includes Basic Costs, Extra Charges for Development, GST, and Maintenance Costs. Other charges, like registration fees, are subject to GST.

The cost sheet of 4 BHK flats in Sobha Neopolis is as follows

Unit Number A9 - 18051
Type of Unit 4 BHK
Wing 18
Floor 05
Carpet Area in sft (C) 1,617.83
SBA (S) in sft 2,481.18
Classification PRIME
Basic Value in ` (BV) 32,096,544
Development and Infrastructure Works in 9 55,254
Total Value excluding GST (V = BV + AC) 3 3,051,799
Goods and Services Tax @ 5% on V in ` (GST) 1 ,277,140
Goods and Services Tax @ 5% on V in ` (GST) 1 ,652,590
Basic Value with GST in ` (A = V + GST) 3 4,704,389
Maintenance Deposit in ` 4 96,236
Total Deposits in ` (B) 496,236
Total Value excluding Registration & Stamp Duty in ` (D = A+B) 35,200,625

The other charges include

  • Stamp duty charges, which is 0.1% of the agreement of sale to be paid to the Government
  • Registration and stamp duty charges
  • 1% TDS under Section 194 IA of the Income Tax
  • GST as per prevailing rates
  • Other Statutory charges that may be imposed in the future
  • Deposit / Charges payable to authorities towards Electricity Connection
  • Deposit / Charges payable to authorities towards water and sewage Connections
  • Electricity Consumption Deposit, as it is mentioned in the agreement
  • Advance Maintenance charges

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 4 BHK price of Sobha Neopolis is reasonable compared to other projects in the area. The quality of the project is great, and it will give a good interior and exterior look. All the rooms are big and spacious with all the needed features.

Renowned for its strategic location, the project offers easy access to several IT parks, colleges, schools, and shopping centers. The area has witnessed rapid development due to its proximity to employment hubs like Bellandur, ORR, and Whitefield. The project is in a prime area east of Bangalore with a good transport network to all city areas.

Investing in this project will give a higher Return on Investment as the value will increase with time. Even if you wish to sell it later, you will get a decent profit after some years of usage. Considering all the factors, it becomes evident that Sobha Neopolis 4 BHK is a good investment.

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