R
Rishabh Pant
posted on 17 MaySobha Dream Gardens: Is 2027 too far for 86 Lakh?
Anyone else see that video about Sobha Dream Gardens in Thanisandra? I'm looking at their 1BHKs, they're starting at 86 Lakh. That's a good chunk for a 1BHK, even from Sobha. But the completion date is Dec 2027, which feels like ages away. I'm wondering if the wait and price are justified for that area. What do you guys think about the project or Thanisandra generally?
Comments
It's a tough call, to be honest. On one hand, it's Sobha, so you're generally assured of quality and appreciation in the long run, especially in an area like Thanisandra which has good connectivity and infrastructure development. But on the other hand, 86 Lakh for a 1BHK, even if it's a premium builder, is a significant amount, and waiting till 2027 (or even later, as U5 mentioned) means your money is locked up for a very long time. You need to weigh if the potential appreciation justifies the opportunity cost and the risk of delays. Maybe look at ready-to-move options or projects with closer possession dates, even if it's from a slightly less premium builder, to avoid the uncertainty.
That's a very balanced take. I'm wondering, for Thanisandra, kya rental yield justify karta hai itna EMI
Sahi kaha, quality toh hai Sobha ki, but itni price mein aur itna wait... confusion ho jaata hai.
Dekho bhai, Sobha ka naam hai, quality bhi achhi hai, but possession dates ka bahut panga rehta hai. Mere ek friend ne Akshayanagar mein Sobha ka project book kiya tha, bola tha 2020 mein milega, abhi tak mila nahi hai. They keep extending. So 2027 for Dream Gardens could easily become 2029 or 2030. Be prepared for that mental toll.
Bhai, are you sure you're looking at the right project? The Sobha Windsor Phase 4 Wing 9 10 And 11 project in Thanisandra, which is also by Sobha, has a price range of ₹1.8 Cr – ₹3.3 Cr and possession date of March 2028. RERA number is PRM/KA/RERA/1251/446/PR/210219/003938. Your 86 Lakh for a 1BHK and Dec 2027 sounds like a different project or maybe a very old, unupdated price. Sobha's 1BHKs are usually much higher, especially for a new launch. Double check the details, yaar. Thanisandra is good, but Sobha is generally premium.
U4, you're spot on about the Windsor details. I checked that RERA number and the prices are indeed in that 1.8 Cr range. If 'Dream Gardens' is a separate project, then 86 Lakh for a 1BHK in Thanisandra by Sobha still seems a bit low for a new launch, unless it's a very small unit or some older inventory. Both projects are in Thanisandra, which is a developing area but the property values have skyrocketed. For that budget, you might find better 2BHK options in areas like Adigara Kallahalli or even some resale flats in Akshayanagar.
Exactly, U7! The original poster mentioned 'Sobha Dream Gardens', but U4 has brought up 'Sobha Windsor'. Builders often have so many projects with similar names in the same area, it's easy to get confused. I think the original poster's info might be for an older phase or a different project altogether, because 86L for a new Sobha 1BHK is highly unlikely now.
Haan, exactly! Mujhe bhi confusion ho raha hai. Toh yeh Windsor ki baat ho rahi hai ya Dream Gardens? Original post Dream Gardens ka tha.
Totally agree with the sentiment. Price toh bahut zyada lag raha hai. Wait bhi itna lamba. Itna budget hai toh shayad 2BHK dekhna chahiye kisi aur area mein.
Honestly, 86 Lakh for a 1BHK is a stretch, even if it's Sobha. And 2027 is super far. By then, who knows what the market will be like? Thanisandra has grown a lot, but is it *that* premium yet for a 1BHK at this price point? I'm also a first-time buyer, and this kind of pricing makes me nervous.