Sobha Arena is a super luxury project by Sobha Developers on Kanakapura Main Road. It is located next to Vakil Garden City and is well connected to the city. With the upcoming metro line on Kanakapura Road, access to other parts of the city will be quite easy. It is a 10.76 acres project with 2BHK and 3BHK apartments along with ultra modern amenities.
The Park and The Plaza are new blocks coming up in the same premises of Sobha Arena on Kanakpura main road
Project Analysis
- Approvals status: BDA approved
- Layout analysis: Sobha Arena, is a sports theme-based premium residential project. Exquisite and well-engineered floor plans that pack all amenities and include ample space to ensure you experience a fine living. This iconic project offers ample opportunities to bring out the sports person in every resident. It hosts sports facilities for every age group.
- Amenities:swimming pool, Kids Pool, World-class Skate Park, A multi sports ground, A kid’s play area, A traffic park for kids, Kids racing bay, A grand amphitheatre, clubhouse with indoor games, provision for adventure cycling and camping, gymnasium, pool,Table in the lounge area, football & multi-purpose party hall,etc
- Additional Charges:
- Floor Rise Charges : Rs.30/floor/sq ft (from 3rd Floor)
- Maintenance Deposit : Rs.300000
- Service Charges : Rs.75000
- Other Charges : As per Govt. rules (includes legal fee, external electrification, water & sanitary charges)
- Payment schedule
- Booking Amount in : Rs. 500,000
- Payable within 30 Days from Booking Date : 10% (Less Booking Amount)
- Payable within 30 Days from Payment Request Letter : 20%
- On Completion of Basement 2 Roof Slab : 8%
- On Completion of First Floor Roof Slab : 8%
- On Completion of Fourth Floor Roof Slab : 8%
- On Completion of Eighth Floor Roof Slab : 8%
- On Completion of Twelfth Floor Roof Slab : 8%
- On Completion of Fifteenth Floor Roof Slab : 8%
- On Completion of Terrace Slab : 8%
- On Completion of Internal Plastering in all the Apartments Excl Balconies, Utilities, Common Area, Shafts, Ducts etc. :7%
- On Completion of Internal Flooring in all the Apartments Excl Balconies, Utilities, Common Area, Shafts, Ducts etc. :7%
- Other Charges Payable on Handover
- Special attractions of this project (USP): The sports based theme, lake side view and the brand image of Sobha Group.
Note: The project has approximately 61 units per acre, which indicates moderate density of units and moderate space inside the project
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