Pre Launch - 'Indraprastha' from Sobha Developers

Feb 14, 2013, 06:20 PM
Bangalore based Sobha Developers have opened bookings for an upcoming project 'Indraprastha' located near Rajajinagar. This project is expected to be launched in a couple of months and pre-launch prices are quoted at 10,500 per sq. ft.
Indraprashtha, spanning over 11 acres with two sky scrapers towering over 37 floors will hold 356 units in 3 & 4 BHK options. Size of 3 BHK is expected between 1950 - 2280 sq. ft and 4 BHK between 2964 - 3775 sq. ft. This translates the base price (without taxes, registration, club fee etc.) of 3BHK to
2.04 crores and 4BHK to 3.11 crores. Pre launch projects by Purva and Prestige on Magadi Road have been priced between 6500 - 7000.
Clubhouse is planned on the 36th floor with pool and sky lounge on 37th floor , Sobha has also planned a commercial block on the same fence. We are yet to get further details of specifications and amenities to figure out the pricing math by Sobha.

Update: 10th May-13
Sobha Indraprastha is officially planned to be launched next week.

Home Facts:
  • Property Type: Apartments
  • Beds: 3 and 4
  • Baths: 3 and 4
  • Unit Size: 1950 to 3300 sq.ft.
  • Units: 356 in 1 block -2 wings
  • Floors: 3 Basement + G + 37
  • Neighborhood: Rajajinagar
  • Price / Sqft: 11500 per sq.ft.
  • Booking Amount: 5 Lakhs

Sobha Indraprastha is decked with all the premium amenities and has access to the 6 floor mall. The massive 6 lakh sq.ft mall is planned with 12 screens, retail shops, Hyper market, food court etc.

The location has good connectivity to transportation hubs, good roads, hospitals etc.

The base price starts from
11500 and can go up to 13200 per sq.ft. This includes 2 covered car parks. A maintenance deposit of 5 lakhs is charged as a one time fee.

Sobha Developers are struggling to sell units here as there has been lukewarm response to this project. It's primarily for being over priced.

Price Plans (Click to Download)
  • Sobha Indraprastha Price List

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