Price

SOBHA Palm Court Price List and Cost Guide

SOBHA Palm Court Price List and Cost Guide

SOBHA Palm Court price list is not like a fresh launch where each home at SOBHA Palm Court is sold in the secondary market. There is no common developer rate card. Instead, each unit is priced by its owner depending on size, floor, facing, parking and condition, with our team providing current statistics on request. This page details the pricing of our services, extra fees added to the price and the local market.

✦ SOBHA Palm Court Price List by Configuration

Below are the sizes of each format: Prices on request - Two homes with the same distribution can vary in floor, exposure and parking. Let us know the format you are interested in and our staff will send you a unit level quote with the full price break down.

Configuration

Size (sq. ft.)

Price

2 BHK

1,484.51 (super built-up); 1,034.31 carpet

Price on request

3 BHK

~1,550–1,822 (super built-up)

Price on request

3.5 BHK (with domestic help room)

1,934.37 (super built-up); 1,339.69 carpet

Price on request

✦ How the SOBHA Palm Court Resale Price Is Set

The SOBHA Palm Court resale price relies on 5 factors- size, floor, facing, allowed parking and condition of interiors. The higher floors attract a premium of Rs 200-400 per sq ft. Properties with wider views or corner lots are usually more in demand. At the time of the project’s completion, buyers may view the home they’re purchasing, not a sample flat, before accepting a price.

The SOBHA Palm Court price per sq. ft. is typically a single figure that the buyers like. In practice this varies from unit to unit thus we quote for each particular residence. For perspective, the average flat price in Kogilu is Rs 10,950 per sq ft, an increase of 48.0% over three years, and in Yelahanka Rs 10,450 per sq ft, an increase of 57.1% in the same period.

✦ 3 BHK Resale Flat Price in Yelahanka

The most popular layout is the 3 BHK, the resale price of a 3 BHK flat in Yelahanka depends a lot on the age and facilities of the property. Here a buyer is getting a fully built SOBHA home with more than 83% open space surrounding it, a working clubhouse and a metro station which is being constructed at roughly 1 km away. We can check possible 3 BHK options available in the project including floor and facing for you.

✦ Charges Beyond the Sale Price

Statutory charges should be planned for resale buyers on top of the negotiated price. The stamp duty is 5% of the higher of guideline value or sale value, plus 10% cess and 2% surcharge on the duty, which comes out to roughly 5.6% effective. The registration fee is 2% of the value of the property. Total statutory cost is about 7.6%. GST is not applicable on resale of a finished home (with Occupancy Certificate). Buyer deducts 1% TDS under section 194-IA.

Charge

Rate

Notes

Stamp duty

~5.6% effective

5% plus 10% cess and 2% surcharge on the duty

Registration fee

2%

Of property value

GST

Not applicable

On a completed, OC-received resale home

TDS

1%

Deducted by the buyer under Section 194-IA

Maintenance

Rs 4–5 per sq. ft. per month

Set by the owners' association

✦ SOBHA Palm Court Maintenance Charges

Sobha Palm Court maintenance charges are Rs 4-5 per sq. ft. For a property of 1,484 sq. ft. the monthly cost is Rs 5,900-7,400 and for a residence of 1,934 sq. ft. the cost is Rs 7,700-9,700. The amenities include security, power back-up, elevator maintenance, landscaping and club house. The owner’s association transfer charge and sinking-fund levy are determined by the owner’s association, and should be confirmed at time of purchase.

✦ Home Loan for Resale Flat in Yelahanka

Major banks and house financing businesses are eligible for home loans for resale flats in Yelahanka if the unit is found to be legal and technically worth. Pay sequence starts with a small deposit negotiated with the seller, sale agreement and balance on registration, some of which can be paid by the loan. We assist buyers with collection of title chain, Occupancy Certificate, khata, tax receipts and association no-dues certificate that lenders want.

✦ Rental Returns

The rent is linked to the benchmark of A-class developers, at 3.5-4% a year of the property cost for a semi-equipped home and 4-4.5% a year for a furnished one. This translates into 3.5-4 Lakh a year for partially furnished or 4-4.5 Lakh a year for furnished for every 1 Cr of property cost. The airport, aerospace park and the Hebbal-Manyata offices stimulate tenant demand, with the shorter travel translating into longer tenancies.

✦ Why Buy Ready Rather Than Wait

If you buy a completed house, the situation is different. No construction risk, no waiting period for possession and no GST on buying.The owner can move into it right away, or lease the home from month one instead of paying rent someplace else while an EMI is running. You get to see the house, the communal areas and their finishes and the care of the common areas. These benefits usually exceed the lower headline price for customers comparing a ready SOBHA home with a cheaper under-construction launch.

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