Sobha Valley View – Much awaited Project from Sobha Developers. Offers experience luxury, quality and grandeur – all in a single package, at unbelievingly affordable prices. Well-known for its quality projects, Sobha Developers have taken extreme care in designing Sobha Valley View too. The project has surpassed the standards and expectations of the buyers, with its intricate design and efficient usage of space.
Sobha Valley View Located in Banashankari(Behind PES College), adjacent to NICE Bangalore Mysore Express way and is well connected to all the IT corridors, Global Village Tech Park and Electronic City.
The project sets itself on higher standards of living in conjunction with its classy surroundings. Spread across 4.66 acres of lush greenery, the project houses about 312 units of apartments that are classified into 2 and 3 bedrooms categories. Sobha Valley View comprises of 4 residential blocks in G+13 floors and 312 Luxury segment apartments (2 BHK & 3 BHK ranging from 1300 sq.ft to 1808 sq.ft )
Kanakpura Road passes through major bustling localities of South Bangalore like Banashankari, Outer Ring Road and some periphery regions like Konankunte, parts of Uttarahalli and JP Nagar. Research shows that the locality is witnessing a rapid growth, mainly because of the development of offices of major IT spaces.
Several factors have led to the growth of this region; excellent connectivity being one among them. Namma metro has proposed connectivity from areas as far as Tataguni, via Kanakpura Road, to major business localities. This has influenced the growth of residential destinations along the belt of Kanakpura Road. The establishment of the NICE Corridor has enhanced the connectivity of areas like JP Nagar, Bannerghatta Road, Banashankari, Jayanagar and other localities of South- Banglore with Mysore Road and the IT hub of the city- Electronics City. Kanakpura Road is also linked to the Peripheral Ring Road, which connects all the major highways like Hosur Road, Tumkur Road, Old Madras Road and the Mysore Road.
Kanakpura Road is one of the preferred localities of many of the reputed builders and developers in the city like Concorde, Sobha, Nitesh, Prestige, Brigade, etc. Easy availability of Cauvery water, proposed infrastructural developments and affordable land prices are reasons behind the same. People employed in Bannerghatta Road and Electronics City prefer to settle in Kanakpura Road as the area offers a cheaper accommodation with excellent connectivity to their workplaces.
As per research reports, the area has witnessed an appreciation of about 10 % in the second quarter of 2014, as compared to the first one. While average plot rates were around Rs. 3797/- during Jan-Mar 2014, the same saw a rise to about Rs. 4183/- , during April-June 2014. The rent price has remained static over the last few quarters, with tenants being charged at an average of Rs.13 per sq.ft.
In addition to residential developments, the area is also witnessing a sharp growth in the retail and commercial sector, in addition to educational establishments – all of which complement the growth of residential sector.
The Art of Living campus, which is a tourist-sought-after place, lies off Kanakpura Road.
ISKCON is planning a huge project on the 28-acre hillock that lies off Kanakapura Road, which would (as per sources) provide a 360 degree bird’s eye view of the surrounding city. It is reported that the project will be developed using 4-D technology and will have a beautifully landscaped Krishna Lila Park that would be transform the tourist potential of the city. Foreseeing the future demand and spur for residential apartments in this area, Mantri Group and Gokulam Developers have already launched their hi-end residential projects alongside the hillock.
Another major infrastructural project that has helped Kanakpura Road emerge as the next residential hub in South Bangalore is the Gokuldas SEZ, which has been approved by the Government of Karnataka. The SEZ will be set up on Kanakpura Road by Gokuldas Exports Ltd.; and would house a first-class Apparel and Textile Park, sprawling across an area of 400 acres. The SEZ will include about 50 factories and will provide employment opportunities to about 50,000 people.
Foyer / Living / Dining:
French Balconies / Utilities:
Common Facilities (Common to all Apartments & Phases in the Project):
|Unit Type||Size (Sqft)||Price||Booking Amount|
|2 BHK||1250 Sqft||88.37 Lacs||5,00,000|
|2 BHK||1304 Sqft||92.19 Lacs||5,00,000|
|2 BHK||1433 Sqft||101.31 Lacs||5,00,000|
|3 BHK||1670 Sqft||118.06 Lacs||5,00,000|
|3 BHK||1947 Sqft||137.65 Lacs||5,00,000|
|3 BHK||1500 Sqft||106.05 Lacs||5,00,000|
Nearby Shopping Malls, Banks and Restaurants: All within 1 kms
Good connectivity, proximity to workplaces and social infrastructure are pushing demand and leading to the development of more residential property options on Kanakapura road.
Being the centre of the South, the Kanakapura Road has witnessed extensive residential development, expanding outwards to cater to the demand from an increasing working population in the IT belts around. Proximity to established residential locations, good infrastructure and connectivity, and a good range of options for occupiers, are leading to Kanakapura Road emerging as new residential hotspots.
Kanakapura Road, once the backyard of nature, is today a concrete jungle. The approximately 27km stretch that starts from Majestic, leads up to Kanakapura town. Previously known as Kanakanahalli Road, the area was said to be a forest. But from days – when only bullock carts were seen and two buses plied – to emerging as a prime locality in South Bangalore, the road has undergone a rapid change. Today it is the preferred destination of not just popular builders but also industrialists, hoteliers and artists.
South Bangalore is a cosmopolitan region, mainly on account of a huge influx of people from all over India owing to the advent of the IT sector in the city here. Electronics City emerged as the first IT hub of Bangalore in the 1990’s. With the setting up of the IT companies, the south Bangalore region became a preferred commercial as well as residential destination.
Vaikunta Hill, off Kanakapura Road, gives a bird’s-eye view of the future of Bangalore South. The hillock provides not only a 360-degree view of all of Bangalore but also the trajectory the development of the city will take in the coming years. Kanakapura Road witnessed the launch of several residential projects which can be attributed to the availability of land in the region.
The 28-acre hillock, on Kanakapura Road and very close to Konanakunte Cross, will be at the heart of the path-breaking changes the city will witness. Iskcon, which bought the 28-acre hillock for Rs 23 crore at a public auction, is building what it says is a Disneyland-like 4D technology driven Krishna Lila Park and will transform the tourist potential of Bangalore, Karnataka and India. The construction work on the theme park is begun in mid-2012 and gets completed by 2016-17. The neighborhood will be hi-tech and socially alive and engaging.
Vaikunta Hill is expected to spur massive residential apartment projects and villas in the range of 3-10 km. Kanakapura Road is set to become the hot destination from 2012 onwards as development is still now concentrated in the Yelahanka, Whitefield, Sarjapura regions. Kanakapura Road and beyond is virgin area in a sense and will see far more residential development than office space development, followed by retail and commercial development. Owing to the arrival of a massive tourist hub, property prices in and around Kanakapura Road area are bound to shoot up in the next five years. An acre of land in the area is running at Rs 9-10 crore. Expect a 10% to 15% rise in these prices in the next five years. The location of Metro Cash and Carry on Kanakapura Road is attributed to the presence of wealthy families in the area and the vastly spread small retail network in the area.
Housing activity along Kanakapura Road is expected to rapidly expand with the arrival of Metro Rail network. The line will reach Konanakunte, which will be connected to Majestic, which, in turn, is connected to M G Road. With commercial and residential rentals not too much in demand now, the onus is on purchase. Apartments are in the Rs 3,000 to Rs 3,500 per sq ft bracket. If you look in the first sector of Kanakapura, homes more than 15 years old that come onto the market can go for around Rs 8,000 per sq ft. Newer apartments are around Rs 5,000 to Rs 6,000 per sq ft and those on resale Rs 5,000 per sq ft. For those looking a little ahead in the second stretch, you will find a lot of budget housing and the apartments here will be in the price range of Rs 3000 per sq ft. The enhanced focus on connectivity and timely completion of the on-going infrastructure projects would provide further impetus for this micro market to evolve into a residential hub.
The affordable land prices and availability of Cauvery water are the two major factors which have prompted major residential developers like Sobha, Nitesh, Brigade, Concorde, etc to establish their projects in this micro market. It is a preferred destination by those employed in Electronics City and Bannerghatta Road.
Kanakapura Road originates in the city at Krishna Rao Park in Basavanagudi. Is close to J P Nagar, Banashankari, Jayanagar Is 16-18 kms from M G Road, Vidhana Soudha Metro rail is being built on Kanakapura Road till Konankunte Cross. The road cuts through Vasanthapura and Konanakunte ward.
Kanakapura road is just a stone’s throw away from the NICE Road and close to the proposed Metro station, which are the fastest ways into the CBD. Kanakapura Road being well-connected to Bannerghatta Road, Electronics City and Mysore Road, has also been hailed as South Bangalore’s new corridor of growth. With major IT hubs, hospitals and educational institutions being within comfortable reach and easy accessibility, Kanakapura Road is attracting investors in this locale.
Kanakapura Road is easily connected to the well-known Art of Living ashram and is a few minutes away from NICE Road that will transport you to the city centre in minutes. It is the perfect alternative to now unaffordable South Bangalore neighborhoods like Banashankari, J P Nagar and Jayanagar.
Sobha Developers Ltd, Headquartered in Bangalore, Sobha is primarily focused on residential and contractual projects. With three decades of experience in creating resplendent interiors of palaces and masterpieces in the Middle-East, Mr. P.N.C. Menon founded Sobha Developers in 1995 with a clear vision to transform the way people perceive quality. Today, Sobha, a Rs. 20 billion Company, is one of the largest and only backward integrated real estate players in the country.
Since inception, the Company has always strived for benchmark quality, customer centric approach, robust engineering, in-house research, uncompromising business ethics, timeless values and transparency in all spheres of business conduct, which have contributed in making it a preferred real estate brand in India. In 2006, Sobha went public through its initial public offering, an event that created history when the issue got oversubscribed a record 126 times.
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