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PRICE COMPETITIVENESS
LOCATION QUALITY
BUILDER PROFILE
CONSTRUCTION QUALITY

Sobha Arena is a premium luxury apartment project from Sobha Limited. The Project Site is located just off Kanakapura Main Road, Talaghattapura, Bangalore, Karnataka, India. The Project Site is accessible through a 40ft wide which connects directly to Kanakapura Main Road. This road is also the access road to Vakil Garden City layout which shares the south boundary of the Project land. The Project is located behind Yashasvi International School.

Below table provides a snapshot of Sobha Arena:

Type of ProjectResidential
Developer NameSobha Group
Project LocationTalaghattapura, Off Kanakapura Main Road, Bangalore
Land Area 10.8 acres
No of Units 659
No of Towers / Blocks6 Blocks
Units Configuration 2 BHK - 1290 - 1322 sq. ft.
3 BHK – 1585 - 1695 sq. ft.
No of FloorsG+18
Completion Timeline Starting Dec 2018 tower wise

Price Rating: ABOUT AVERAGE

We have benchmarked Sobha Arena against other high-rise apartment projects on Kanakapura Main Road towards North within 5 Km. We found the price of the Project “Less” compared to prices of other competing projects on Kanakapura Main Road. The relatively lower price is because of the location which has minimal social infrastructure at present. All other competing projects are upwards of North closer to the city. However, for this location price of Sobha Arena appears to be expensive.

The arrival of Namma Metro has improved the connectivity of Kanakapura Main Road with the rest of City significantly. Prices have also shot up by over 15% on the Kanakapura Main Road in the last 2 years. Phase 2 of Namma Metro will make the stretch of Anjanapura – Puttenahalli operational and shall provide major fillip to demand for residential projects on this stretch. Talaghattapura metro station is opposite to the Project on Kanakapura Main Road.

Project NameDeveloper NameLocation Units Sizes Price Expected Completion
Sobha Arena (The Park and The Plaza)Sobha DevelopersTalaghattapura, Kanakapura Road1296 – 17065600Sep’19
The Magic Faraway Tree Phase IITotal EnvironmentTalaghattapura, Kanakapura Road589 – 44988600Aug’20
Mantri SerenityMantri DevelopersSubramanyapura, Kanakapura Road 661 – 17506190Dec’19 (Phase 2)
Prestige Falcon CityPrestige EstatesSrinivaspura, Kanakapura Road1204 – 28696500Dec’18
Nitesh Caesars PalaceNitesh EstatesMunicipal Corporation Layout, Kanakapura Road1199 – 23986000Completed
Prestige Lake RidgePrestige EstatesThurahallai Road, Subramanyapura1314 – 18904600Dec’17
Mantri TranquilMantri DevelopersGubballa Main Road, Subramanyapura1270 – 20005600Completed
Prestige Brooklyn HeightsPrestige EstatesJP Nagar 1st Phase, Kanakapura Main Road1875 – 35998500July’17
Shriram Southern CrestShriram PropertiesJP Nagar 1st Phase, Kanakapura Main Road1300 – 32357300Aug’18

*The quoted price is base price of the unit and does not include car parking, floor rise, club house, deposits & taxes.

NOTE: Price last updated on March 27, 2017.

Location Rating: ABOUT AVERAGE

Sobha Arena is located just off Kanakapura Main Road, Talaghattapura, Bangalore. The immediate neighborhood is an upcoming residential place having few residential apartment projects from top builders such as Nitesh Estates and Total Environment. The immediate locality has minimal social infrastructure without any recognized retail shop or healthcare facility; however it has good connectivity to schools, retail shops and hospitals that are more than 5 Km away from the Project.

With the arrival of Phase 2 of Namma Metro on Kanakapura Main road till Talaghattapura, connectivity of the Project with the rest of Bangalore shall increase multi-fold.

LOCATION HIGHLIGHTS

Immediate neighborhood

Few residential apartments projects with minimal social infrastructure such as schools, healthcare facilities and shops. There is a private layout Vakil Garden City next to the Project.
Landmarks nearby

Yashasvi International School is next to the Project. Talaghattapura Police Station is just 700 meters to its north.
Access Roads

Directly accessible from 40ft Vakil Garden City Road. Kanakapura Main Road is just 75 meters from the Project. NICE Road junction is just 1 Km from the Project.
Metro Rail

Nearest station is the proposed Talaghattapura Station on Kanakapura Main Road which is just 80 meters from the Project.
Train Stations

Bangalore City Railway Station (16 Km); Kengeri Railway Station (14 Km); Ye-shwantpur Railway Station (27 Km)
Airport

Kempegowda International Airport is 56 Kms away.

SOCIAL INFRASTRUCTURE

Builder Rating: AMONG THE BEST

Sobha Limited is one of the most admired real estate development companies in India with a pan India presence. Headquartered in Bangalore, Sobha is primarily focused on residential and contractual projects. The Company’s residential projects include presidential apartments, villas, row houses, luxury and super luxury apartments, plotted development. Since its inception Sobha has completed 116 real estate projects and 280 contractual projects covering about 84.96 million square feet of area. The Company has real estate projects in 9 cities such as Bangalore, Gurgaon, Chennai, Pune, Coimbatore, Thrissur, Calicut, Cochin and Mysore.

Sobha is probably the only backward integrated real estate player in the country and has its own construction vertical, interiors division, a metal works and glazing factory and a concrete products factory. The Company conforms to the ISO 9001, ISO 14001 and OHSAS 18001 certifications for its quality, safety and environment management systems. Sobha employs around 2,800 people directly.

Builder NameSobha Group
Flagship Company NameSobha Limited
Project Execution CompanyDevarabisanahalli, Bellandur Off Sarjapur - Marthahalli Outer Ring Road (ORR), Bangalore
Address1995
Year of EstablishmentJC Sharma
Managing Director116+
No. of Projects CompletedSobha Magnolia, Sobha Aster
Popular ProjectsBren Primus at Koramangala, Bren iPark at Whitefield
Company Website http://www.sobha.com

Construction Quality Rating: AMONG THE BEST

We found “Excellent” Quality of Construction in all its completed projects. The Company does all the construction related activities including project designs in-house. Being a backward integrated company allows Sobha to have complete control over cost as well as quality of work that it delivers to its clients.

The Project offers a wide range of amenities and sport facilities to its residents. The project is designed around the theme of sports & open spaces. However, we believe the project lacks some of the most prominent outdoor sports facilities for teens & adults such as Basket Ball Court & Tennis Court and outdoor amenities such as Senior Citizen’s Corner & Landscaped Gardens which are offered by almost all other competing projects.

Construction ContractorIn-house construction by Sobha Limited.
ArchitectIn-house team of Sobha Limited.
SpecificationsStandard specifications such as • Vitrified tiles in all rooms, living & dining areas.
• Ceramic tiles in Kitchen, Bathrooms & Balconies.
• Timber door frame for main door and bedroom doors.
• Aluminium glazed sliding windows.
• Branded Sanitary Fixtures and CP Fittings.
Expected CompletionStarting Dec 2018 tower wise

AMENITIES & LIFESTYLE

HEALTH & FITNESSGREEN ENVIRONMENTLIFESTYLE & DESIGNX - FACTOR
24,000 sq. ft. Club-house with Gym.

Indoor Games.

Pool / Billiards Table.

50 mts long 3 Lane

Swimming Pool.

25 mts Swimming Pool.

Kids Pool.

Multi Sports Ground.

Jogging Track.

Children Play area.

Kind’s Racing Bay.
Sewage Treatment Plant.

Organic Waste Convertor.

Rainwater harvesting system.

Picturesque Lake Promenade
Amphitheatre.

Multi-purpose Party Hall.

Skating Rink.

Pet Park.

Pool Side Party Hall.

Banquet Halls.

Provision for Depart-mental Store.

80% Open Area.
Outdoors Sports Amenities for Children.

Sobha Arena has received all required NOCs from concerned authorities and plan sanctions from BDA and BBMP. Though the Project is located next to a lake we believe there is no risk to it from the NGT ruling of May’16. This is because the project has received approvals before the NGT judgement of May’16.

Buyers are advised to conduct an independent legal and technical due-diligence before their investment.

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