propinsight - a detailed property analysis report of sobha ... · rating, launch date, etc. builder...
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PROPINSIGHTA Detailed Property Analysis Report
40,000+Projects
10,000+Builders
1,200+Localities
Report Created On - 7 Oct, 2015
What isPROPINSIGHT?PROPINSIGHT?
Price Insight
This section aims to show the detailed price of a project andsplit it into its various components including hidden ones.Various price trends are also shown in this section.
Project Insight
This section compares your project with similar projects in thelocality on construction parameters like livability rating, safetyrating, launch date, etc.
Builder Insight
This section delves into the details about the builder and tries to givethe user a perspective about the history of the builder as well as hiscurrent endeavours.
Locality Info
This section aims to showcase various amenities viz. pre-schools,schools, parks, restaurants, hospitals and shopping complexes near aproject.
Project Size5 Towers
Configurations1,2,3 Bedroom Apartment
Possession StartsDec `15
Sobha MerittaSobha MerittaKelambakkam, Chennai
24.8 Lacs onwards24.8 Lacs onwardsLivability Score
7.5/ 10
What isPRICE INSIGHT?PRICE INSIGHT?
Pricing Comparison
Comparison of detailed prices with various other similarprojects
Pricing Trends
Price appreciation and trends for the project as well as the locality
Price versus Time to completion
An understanding of how the current project’s prices are performingvis-a-vis other projects in the same locality
Demand Comparison
An understanding of how the strong/weak is the demand of currentproject and the current locality vis-a-vis others
Price Trend Of Sobha MerittaP
rice
(Rs
per
sq ft
)
Sobha Meritta VS Kelambakkam, Chennai
4,625 4,625 4,625 4,625 4,625 4,625 4,625 4,625 4,625 4,625 4,625 4,625 4,625 4,625 4,625 4,625 4,625 4,625
3,457 3,458 3,456 3,456 3,453 3,453 3,461 3,485 3,486 3,482 3,469 3,485 3,463 3,475 3,474 3,474 3,475 3,476
Meritta Kelambakkam
Mar '14 Apr '14 May '14 Jun '14 Jul '14 Aug '14 Sep '14 Oct '14 Nov '14 Dec '14 Jan '15 Feb '15 Mar '15 Apr '15 May '15 Jun '15 Jul '15 Aug '153200
3400
3600
3800
4000
4200
4400
4600
4800
1BHK+1T
537, 549
2BHK+2T
1336, 1402, 1662
3BHK+3T
1655, 1775, 1953, 2197
For more information, visit here
Property TypeProperty Type
Area (sq.ft.)Area (sq.ft.)
Price Comparison With Other Projects Similar To Sobha Meritta
Sobha MerittaKelambakkam, Chennai
Sai Care La AvenueKelambakkam, Chennai
Jansen Infrastructure NivaasNivriti
Padur, Chennai
Primary Purchase Price 4,625/sq.ft. 4,450/sq.ft. 4,500/sq.ft.
Advance MaintenanceCharges (Month)
Rs. 1 (One time) N.A. N.A.
Car Parking Charges N.A. N.A. N.A.
Power Backup Charges N.A. N.A. N.A.
Club House Charges N.A. Rs. 3 Lacs (One time) N.A.
*For price mentioned in psf, the total price is calculated as price multiplied by area of property For more information, visit here
Price Versus Time-To-Completion
Sobha Meritta's current price is Rs. 4625/sq. ft. and it is in Under Construction stage.
In comparison to locality, Sobha Meritta is overpriced by Rs. 1148.66/sq. ft.
Highest price in the locality is for Isha Homes Mia Villas at 5600/sq. ft. and it is in Ready to Move In stage.
Lowest price in the locality at Sivasakthi Homes Mishri Garden at 1300/sq. ft. and it is in Ready to Move In stage.
Bui
lder
Pri
ce (
Per
Uni
t Are
a )
Current status of projects in 5 km vicinity of Sobha Meritta
Sobha Meritta Aadvi Homez Pannai SSS Gardens Shri Prithiyangira Vishwakarmaa Puravankara South Bay Sai Care La Avenue Provident Housing Cosmo CitySivasakthi Homes Mishri Garden Greater Flower Garden Isha Homes Mia Villas
New launch >2 yrs to completion 1-2 yrs to completion <1 yrs to completion Ready to move in1000
2000
3000
4000
5000
6000
For more information, visit here
Demand Comparison With Other Projects Similar To Sobha Meritta
AnalysisAnalysis
Meritta has 100.00 % demand amongst all projects inChennai.
The highest demand 100.00% in Chennai is for Meritta.
The lowest demand 0.00% in Chennai is for Sree RajaRajeswari Tower
Dem
and
Demand of projects in 5 km vicinity of Sobha Meritta
100.00%
Meritta Sree Raja Rajeswari
Tower
Rainbow Colony
Sree Eshwari Tower
0%
50%
100%
150%
Dem
and
Demand in popular localities of Chennai
2.44%
13.30% 12.74%
9.87%
7.94% 7.68%
KelambakkamNavallur
PadurThalambur
PallikaranaiAlandur
0%
5%
10%
15%AnalysisAnalysis
Kelambakkam has 2.44 % demand amongst all projects inChennai.
The highest demand 13.30% in Chennai is for Navallur.
The lowest demand 2.44% in Chennai is for Kelambakkam
For more information, visit here
PROJECT INSIGHTPROJECT INSIGHTFavorite project vis-a-vis similar others
Basic Details Comparison
A comparison of various basic details of the project likelivability rating, project land area, loading percentage, delayetc. with other similar projects
Amenities Comparison
A comparison of various amenities of the project like SwimmingPool, Gymnasium, Intercom, 24X7 Security etc with other similarprojects
Sobha Meritta Comparison With Other Similar Projects
Sobha MerittaKelambakkam, Chennai
Sai Care La AvenueKelambakkam, Chennai
Jansen Infrastructure NivaasNivriti
Padur, Chennai
Livability Rating* 7.5/10 7.0/10 6.7/10
Safety Rating* N.A. N.A. N.A.
Builder Sobha Sai Care Jansen Infrastructure
Locality Kelambakkam, Chennai Kelambakkam, Chennai Padur, Chennai
Number of Towers 5 N.A. N.A.
Project Land Area 6 Acres N.A. 0.98 Acres
*Livability rating is calculated on the basis of Proptiger's proprietary rating algorithms, Know more
*Safety rating is provided on the basis of safety pin data
For more information, visit here
Sobha Meritta Comparison With Other Similar Projects (Continued ...)
Sobha MerittaKelambakkam, Chennai
Sai Care La AvenueKelambakkam, Chennai
Jansen Infrastructure NivaasNivriti
Padur, Chennai
Part of Township No No No
Average Flats Per Floor 8.42 N.A. N.A.
Loading Percentage N.A. N.A. N.A.
Launch Date May `12 Feb `14 Aug `15
Possession Date Dec `15 Jun `16 Dec `16
Delay On time 14 month(s) On time
For more information, visit here
Common Amenities Gymnasium Swimming Pool Children's play area Club House 24 X 7 Security
Amenities Comparison Of Sobha Meritta With Other Similar Projects
Sobha MerittaKelambakkam, Chennai
Sai Care La AvenueKelambakkam, Chennai
Jansen Infrastructure NivaasNivriti
Padur, Chennai
Multipurpose Room
Sports Facility
Indoor Games h h
Rain Water Harvesting
Cafeteria
For more information, visit here
BUILDER INSIGHTBUILDER INSIGHTCredentials of the builder
Builder Profile
A detailed overview of builder including his past track record,number of years of operation, number of projects deliveredetc.
Delivered Projects
Info about top projects that have been delivered by builder in thepast, their date of delivery etc.
Under-Construction Projects
Info about top under-construction projects of the builder along withtheir price appreciation trends
Experience 20 Years
Project Delivered 107
Ongoing Projects 35
Overview Of Developer (Sobha)
Founded in the year 1995, Sobha Limited is one of the largest real estate development company in
India. It is a Rs. 22 billion company headquartered in Bangalore , having projects spread across 13
states and 24 cities.
Sobha Limited is primarily focused on development of residential and contractual projects. The
residential projects include villas, row houses, plotted development, presidential apartments, luxury
and super luxury apartments equipped with all amenities such as shopping complex, clubhouse and
swimming pool.
Presently, over 45 residential projects are under construction aggregating to 27.32 million sq. ft. of
space under development, 18.90 million sq. ft. of saleable space and 34 ongoing contractual projects
adding up to 9.50 million square feet of area.
Sobha has constructed wide array of structures for prestigious corporate clients namely Dell, Institute
of Public Enterprises (IPE), Taj Group, Hotel Leela Ventures, Infosys, Bosch, HP, Biocon and Timken.
Corporate focused projects include software development blocks, corporate offices, research
centres, multiplex theatres, restaurants, convention centers, club houses, hostel facilities, food courts
and guest houses.
Top Projects till Date:Top Projects till Date:
Garden in Bangalore , Mysore Road, Mysore comprising 83 plots with area ranging from 2,325 sq.
ft. to 4,651 sq.ft.
Petunia in Nagawara , Bangalore comprising 156 units of 3 and 4 BHK apartments with sizes
ranging from 2,311 sq. ft. to 4,510 sq.ft.
Carnation in Bellandur , Bangalore comprising 216 units of 3 BHK apartments with sizes ranging
from 1,564 sq. ft. to 1,635 sq.ft.
Few of its key under construction residential projects are:Few of its key under construction residential projects are:
Serene in Poonamallee , Chennai comprising 176 units of 1, 2 and 3 BHK apartments with sizes
ranging from 595 sq. ft. to 1,739 sq.ft.
Ivory in Kondhwa, Pune comprising 140 units of 3 BHK apartments with sizes ranging from 1,455
sq. ft. to 1,896 sq.ft.
Orion in Kondhwa, Pune comprising 112 units of 2 BHK apartments with sizes ranging from 1,100
sq. ft. to 1,285 sq.ft.
Sobha Limited has also received ISO 14001:2004 and OHSAS 18001:2007 certifications for
environmental, health and safety management systems. The company is also honoured with several
prestigious awards including ‘India’s Top 10 Builders Award’ by Construction World, ‘Builder of the
Year’ and ‘Most Reliable Builder Award’ by CNBC, ‘Employer of the Year Award’ by Realty Plus and
‘Top Indian Real Estate Company’ by Dun & Bradstreet.
Top Projects Delivered By Sobha
Sobha Ivory IISobha Ivory IIUlsoor, Bangalore
Livability Score
Project was delivered on Jun, 2008
Sobha TurquoiseSobha TurquoiseUlsoor, Bangalore
Livability Score
Project was delivered on Feb, 2005
Sobha TulipSobha TulipJP Nagar Phase 6, Bangalore
Livability Score
Project was delivered on Jan, 2012
Sobha GarnetSobha GarnetKondhwa, Pune
Livability Score
Project was delivered on Jun, 2015 after a delay of 5 month(s).
For more information, visit here
8.9 8.7
8.7 8.4
Projects Under Construction By Sobha
Sobha ElanSobha ElanGanapathy, Coimbatore
Livability Score
Project is expected to be delivered on Mar, 2017
Has seen a price appreciation of 6.7 % 6.7 % over last 21 month(s)21 month(s)
Sobha MarvellaSobha MarvellaBellandur, Bangalore
Livability Score
Project is expected to be delivered on Dec, 2015
For more information, visit here
8.7 8.5
LOCALITY INSIGHTLOCALITY INSIGHTEverything you want to know about the locality
Schools Near Sobha Meritta, Chennai
SchoolsSchools
11 Gateway International School 4.01Km4.01Km
22 Jagannath Vidyalaya 2.79Km2.79Km
33 Bhuvana Krishnan School 2.50Km2.50Km
44 Mambakkam HigherSecondary School 4.93Km4.93Km
55 School of Aeronautical Science 2.87Km2.87Km
Top 5 Schools (within 5 kms)Top 5 Schools (within 5 kms)
MM Represents the location ofSobha Meritta
For more information, visit here
Restaurants Near Sobha Meritta, Chennai
RestaurantsRestaurants
11 Ratna Cafe 4.18Km4.18Km
22 Saravana Bhavan 4.08Km4.08Km
33 HOTEL HAARISH 2.42Km2.42Km
44 Industrial Canteen 3.91Km3.91Km
55 East Coast Road Dhaba 4.51Km4.51Km
Top 5 Restaurants (within 5 kms)Top 5 Restaurants (within 5 kms)
MM Represents the location ofSobha Meritta
For more information, visit here
Hospitals Near Sobha Meritta, Chennai
HospitalsHospitals
11 Chettinad Hospital andResearch Institute 1.63Km1.63Km
22 Chettinad Health City 1.68Km1.68Km
33 Prabha Physio Care 2.49Km2.49Km
Top 3 Hospitals (within 5 kms)Top 3 Hospitals (within 5 kms)
MM Represents the location ofSobha Meritta
For more information, visit here