Honestly, buying for myself is harder than selling properties. Considering Sobha Neopolis (₹2.33-3.33 Cr). What's the real capital appreciation and rental yield? Worried about resale liquidity and builder's delivery track record for this phase. Any investor insights?
Sobha Neopolis Phase 4 3 4 8 9 is a Under Construction residential project by Sobha Limited located in Balagere, Bengaluru. It spans 5.01 acres and comprises 187 units across 2 towers, offering 3 BHK from ₹2.33 Cr, 4 BHK from ₹3.33 Cr. Awesome! Most viewed project in this area.
Beyond the base price starting at ₹2.3 Cr, budget for GST (5%), stamp duty, registration, car parking, and maintenance deposit. Your total cost at Sobha Neopolis Phase 4 3 4 8 9 for 3 BHK from ₹2.33 Cr, 4 BHK from ₹3.33 Cr will typically be 15–20% above the base price.
Sobha Neopolis Phase 4 3 4 8 9 by Sobha Limited has a clean title backed by RERA registration number PRM/KA/RERA/1251/446/PR/220923/006283. Buyers are advised to conduct independent legal due diligence and review the allotment agreement before making the booking amount payment.
Being RERA-registered (number: PRM/KA/RERA/1251/446/PR/220923/006283), Sobha Neopolis Phase 4 3 4 8 9 by Sobha Limited is legally bound to deliver on the committed date. In case of delays, buyers are entitled to compensation. Sobha Limited has a strong reputation for on-time delivery.
Sobha Neopolis Phase 4 3 4 8 9 in Balagere, Bengaluru — a Under Construction project with 187 units — enjoys excellent connectivity to expressways, metro stations, IT parks, schools, and hospitals, all contributing to its 0.71% price appreciation.
Comments
While the risks mentioned are real, we also need to consider Sobha's brand value and the potential for appreciation in Bengaluru's current market. If you're looking at it purely from an investment perspective, the long-term appreciation might outweigh the initial rental yield concerns. Maybe compare with ready-to-move projects in nearby areas like Akshayanagar to see the price difference for immediate possession.
Be very, very careful with long possession dates. I had a nightmare with another builder in Aavalahalli where my project was delayed by almost 3 years from the original promised date. My capital was stuck, and I missed out on better opportunities. Builders often take advantage of the long window. The initial post's concern about resale liquidity is very valid, especially if the project gets stuck or delayed.
Unfortunately, no money back. I had to wait it out, ended up getting a unit in a different phase of the same builder, but it was a whole hassle. Lost out on some good opportunities because my capital was stuck and I couldn't invest elsewhere. It was a stressful period.
So what did you do after your project got delayed? Did you manage to get your money back or move to another project in the same area like Agrahara Layout?
Totally agree! Builder promises are just words sometimes.
The RERA number is indeed PRM/KA/RERA/1251/446/PR/220923/006283, and the official possession date is 2031-12-01. That's almost 7 years from now! I'm struggling to justify paying ₹2.3 Cr minimum for something that will take so long to materialize. Has anyone here actually experienced Sobha's delivery track record for projects with such long timelines? Are they usually on time or do they delay a lot?
Dekho, long possession projects mein entry price kam hota hai, that's the only silver lining. But Sobha ka reputation hai, toh capital appreciation aayegi. Rental yield initially kam rahega, but capital appreciation is the game here for investors. Just need to be patient and keep an eye on project progress.
2.3 Cr for 2031 possession? Bahut zyada risk hai bhai.
Sahi baat hai, 2031 tak wait karna bahut lamba hai. Mera friend Adigara Kallahalli mein book kiya tha, 2 saal delay ho gaya project.
I totally get your point, the price is definitely a big concern for us first-time buyers. Sobha has a good brand reputation generally, but this specific phase (Phase 4 3 4 8 9) has me worried about the delivery timeline and potential delays. Has anyone checked its RERA status properly?
RERA number toh PRM/KA/RERA/1251/446/PR/220923/006283 hai. But RERA hone se delay nahi rukta!
Haan yaar, Sobha ka naam toh hai, but is phase ka kya scene hai?
Honestly, Sobha Neopolis sounds great on paper, but that price range of ₹2.3 Cr – ₹3.3 Cr for a first-time buyer? It's making me really nervous. And possession by 2031-12-01? That's a loooong wait. What if the market changes drastically by then?