Sobha dream acres panathur bangalore

With many successful launches, Sobha Group has come up with another new launch ‘Sobha Dream Acres’, a prestigious part of Sobha Dream Series. Located in the mid of golden Quadrilateral project junction at Panathur Road, Bangalore, Dream Acres is a good investment and living option. Few major roads connecting to this project are Outer Ring Road, Varthur Road, Marathahalli Road and Sarjapur Road.

The Project: Sobha Dream Acres

Sprawling over 81 acres of land, Sobha Dream Acres offers approx. 6500 units of 1BHK and 2BHK apartments. The sizes of these apartments range between 650 sq.ft. – 1200 sq.ft., depending on the type and layout of the apartment. Dream Acres by Sobha Group is a perfect combination of smart design, meticulous planning and pre-cast technology.

Floor Plan Review

As per Floor Plan Review of Sobha Dream Acres, the bedroom dimensions are good as per Indian standards. Also, they provide open kitchen area adjoining to dining area which gives easy access to other parts of the apartments. The best part of floor plan is both 1 and 2 BHK apartments have a balcony and attached bathroom in bedrooms.

Directions To Reach

Sobha Dream Acres is located off Outer Ring Road, Bangalore East. The area enjoys good connectivity to all points of interest located in and around the city.

  • The distance from MG Road is 16 Kilometers
  • Outer Ring Road and Marathahalli Sarjapura Road are 5 km away
  • The distance from Baiyapanhalli metro station is 15 kms

Location map Dream acres

Infrastructure

In terms of basic daily needs, Varthur is a good residential area. There is proper water supply and power supply in the area. Also, the infrastructure is properly maintained.

For now there is a Govt Dump yard at the right side of the project. And till time there is no update on the removal of the same by the authorities.

Sobha Dream Acres – Surroundings Developments

The demand for residential properties in Panathur is gaining momentum due to the close proximity Outer Ring Road, Whitefield and several IT conglomerates.

Varthur includes major areas like Madhuranagar, Gunjur and Heggondanahalli. The area is easily approachable from the CBD (Central Business District) via old Airport Road and from south Bangalore via Varthur-Gunjur Road (four lane road).

Closeness to Whitefield and easy access from Sarjapur Road, ORR (Outer Ring Road) are some of the major factors, making Varthur a popular residential hub in Bengaluru.

Proposed Developments

  • The proposed metro terminal at Hope Farm is around 5.6 kilometers from Varthur. Once operational, the connectivity in the region will definitely improve.  
  • A peripheral Ring Road is also proposed for this area. This will cut right across Varthur and in the long run connect to the NICE road.

Educational institutions & retail hubs

The area is known for its prestigious educational institutions, shopping malls and IT Parks.

Famous IT Parks located within radius of 10 km

  • Embassy Tech Square- 4.4 km
  • Prestige Tech Park- 4.7 km
  • Embassy Tech Village – 5.1 km
  • RMZ Ecospace & Mantri Commercio – 6 km
  • ITPL, Whitefield – 9.3 km

Famous malls located within radius of 10 km

  • Forum Value Mall – 4.9 km
  • Central Mall – 6.8 km
  • Soul Space Arena Mall – 8.8 km

Famous Educational Institutions within radius of 10 km

  • Chrysalis High School – 3 km
  • Greenwood High School – 5.7 km
  • Ryan International School – 9.3 km
  • New Horizon Engineering College- 4.9 km
  • CMRIT – 9.2 KM

About Developer

Headquartered in Bangalore, Sobha Limited is an Indian multinational real estate developer. The company was founded by Mr. P.N.C. Menon in the year 1995. Since its inception, Sobha Limited is primarily focused on the development of residential and contractual projects. The list of residential segment includes luxury and super luxury apartments, row houses, villas and plotted developments.

The group has completed more than 100 real estate projects and more than 260 contractual projects covering about 70.54 million square feet of area. The group has a strong presence in nine cities – Gurgaon, Bengaluru, Chennai, Calicut, Cochin, Coimbatore, Pune, Mysore and Cochin. Overall the group has its footprints in 24 cities and 13 states across India.

Top Projects till Date:

  • Garden in Bangalore, Mysore Road, Mysore comprising 83 plots
  • Petunia in Nagawara, Bangalore comprising 156 units of 3 and 4 BHK apartments
  • Carnation in Bellandur, Bangalore comprising 216 units of 3 BHK apartments

Popular under construction residential projects are:

  • Serene in Poonamallee, Chennai comprising 176 units of 1, 2 and 3 BHK apartments
  • Ivory in Kondhwa, Pune comprising 140 units of 3 BHK apartments
  • Orion in Kondhwa, Pune comprising 112 units of 2 BHK apartments

Locality Price

Comparatives – Jan-Mar 2016

Highest Locality Price Rs 5,094 per Sq-ft
Average Locality Price Rs 4,064 per Sq-ft
Lowest Locality Price Rs 3,034 per Sq-ft

With the Initial Price of 31. 40 Lakhs, inclusive of all for 1BHK, Dream Acres by Sobha is offered at a very reasonable price i.e. at Rs. 4,868 per sq.ft. (price as on May 2016) which suits all categories of families. Also, they are charging Rs. 25 as an additional floor rise charge which is applicable from 2nd floor onwards.

The price of Sobha Dream Acres is at the lower end of the locality price spectrum compared to the highest property price in Varthur.

Residents of 2 BHK apartments will be provided with an option of one car park which will be included in the base price. Where residents of 1BHK apartments will have to pay extra charges for car parking.

Overall Recommendation

With 80% open spaces, 5 wide spread clubhouse and 5 swimming pools and best quality in house amenities makes this project exclusive home to stay. Sobha Dream Acres is a good option for those who looking for high returns on investment because the prices are in the mid-range. It’s surely a project that cannot be missed.

 

 

Summary
recipe image
Project Name
Sobha Dream Acres
Published On
Average Rating
41star1star1star1stargray Based on 6 Review(s)

INTERESTED IN THIS PROPERTY?

Name (required)

Email (required)

Mobile (required)

Your Message

6 comments

  1. Arpitha Venugopal

    Wow! The long list of amenities being offered by Sobha Dream Acres has been just amazing. Outdoor and indoor sports facilities, open air theatres, swimming pools, club houses etc.

  2. Hemanth Gowda

    I was looking for a good home close to Whitefield. Upon my friend’s recommendation, I landed up on the Sobha Dream Acres website and had a chat with their team. I then visited their office near Varthur Lake. We had a very good discussion. I decided to invest with them, because I had found a good home which is both close to my children’s school and to my office in Whitefield.

  3. Nalini Reddy

    I recently toured the first project of Sobha Dream Series at Balagere, and I could not believe how nice their team were. At an amazing price range, they were offering facilities like tennis courts, basketball courts, jogging track, squash courts, swimming pools, club houses, and so on. It’s definitely a wise investment option.

  4. Harsh Jain

    Recently, I read an article on the internet which stated that construction companies in India are switching to precast technology. After a little research, I came to know that Sobha Dream Acres has adopted precast technology for their entire project. I got in touch with them and learnt that there are a number of benefits for homebuyers from precast homes, both financially and structurally. So my wife and I went ahead and invested them with.

  5. Paritosh Awasthi

    80% open space around our home, in a city like Bangalore is too good. This one feature caught my attention and made me buy a Sobha Dream Acres home.

  6. Krishna

    I have 2 BHK unit for resale. Type: B3. Floor: 9 Wing 13. Area 1205 sft. Main door North east facing. Sobha has informed that for wing 13 handover will start from March 2017 End.
    Price: 76 lakhs which includes car parking, premium charges, VAT, ST and Other deposits.
    Registration and stamp duty extra ( approx 2 lakhs)
    Anyone interested please reach me krvangala98@gmail.com

Leave a Reply

Your email address will not be published. Required fields are marked *