The project was launched in the month of February 2015. It has got approval from BBMP and banks like Corporation bank, bank of Baroda, HDFC, Axis, LIC, State Bank of India, Deutsche Bank, Indiabulls, DHFL etc.
Many infrastructural development happening in Kanakpura Road such as: 1) The 60 feet Kanakapura Road Corridor from Sarakki to NICE Corridor will be widened for smooth traffic across Kanakapura KRC, JP Nagar, Banashankari and Jayanagar. 2) Kanakapura Road Corridor from Nice Road Corridor all the way to Kanakapura Town will be widen 150-feet six-lane expressway at a cost of Rs 108 crores 3) Investment of Rs. 9600 crores, the Peripheral Ring Road, connects Tumkur Road, Bellary Road, Hennur Road, Old Madras Road and Hosur Road to the existing NICE Road. 4) Travelling from KRC to the other end of the city like Bellary Road will take a short drive across a 6-lane NICE-Peripheral Ring Road Expressway
When is the estimated possession date of the project and how much is the rate per sqft going on? How much is the total land area and are the model flats ready?
The project is expected to be completed by June 2018 and the project is spread over 10.7 acres of land. Yes model flats are ready. The rate per sqft ranges from Rs 6045 sqft to Rs 6900.
Sobha The Park and The Plaza will have 659 units and it is a G+18 floors structure. The project provides unique amenities like 50 mts long 3 lane swimming pool, world class skate park, a traffic park for kids, kids racing bay, a huge pet park,a picturesque lake promenade and much more