PROPINSIGHT A Detailed Property Analysis Report
40,000+ 10,000+ 1,200+ Projects Builders Localities
Report Created On - 17 Aug, 2016 Price Insight This section aims to show the detailed price of a project and split 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 the locality on construction parameters like livability rating, safety rating, launch date, etc.
What is Builder Insight PROPINSIGHT? This section delves into the details about the builder and tries to give the user a perspective about the history of the builder as well as his current endeavours.
Locality Info This section aims to showcase various amenities viz. pre-schools, schools, parks, restaurants, hospitals and shopping complexes near a project. Sobha Meritta Kelambakkam, Chennai
59.7 Lacs onwards Livability Score 8.5/ 10 Project Size Configurations Possession Starts 5 Towers 1,2,3 Bedroom Apartment Apr `16 Pricing Comparison Comparison of detailed prices with various other similar projects
Pricing Trends Price appreciation and trends for the project as well as the locality What is PRICE INSIGHT? Price versus Time to completion An understanding of how the current project’s prices are performing vis- a-vis other projects in the same locality
Demand Comparison An understanding of how the strong/weak is the demand of current project and the current locality vis-a-vis others Price Trend Of Sobha Meritta
Sobha Meritta VS Kelambakkam, Chennai
4600
4500 4,472 4,472 4,472 4,472 4,472 4,472 4,472 4,472 4,472 4,472 4,472 4,472 4,472 4,472 4,472 4,472 4,472 4,472
4400
4300
4200 ) t f q s
r 4100 e p s R ( 4000 e c i r P 3900
3800 3,762 3,762
3700 3,630 3,630 3,614 3,614 3,614 3,614 3,617 3,618 3,618 3,595 3,598 3,598 3,598 3,605 3,605 3,605 3600
3500 Jan '15 Feb '15 Mar '15 Apr '15 May '15 Jun '15 Jul '15 Aug '15 Sep '15 Oct '15 Nov '15 Dec '15 Jan '16 Feb '16 Mar '16 Apr '16 May '16 Jun '16
Meritta Kelambakkam
Property Type 1BHK+1T 2BHK+2T 3BHK+3T
Area (sq.ft.) 537, 549 1336, 1402, 1662 1655, 1775, 1953, 2197
For more information, visit here Price Comparison With Other Projects Similar To Sobha Meritta
Sobha Meritta Ramaniyam Waterfront Puravankara Purva Swanlake Kelambakkam, Chennai Navallur, Chennai Kelambakkam, Chennai
Primary Purchase Price 4,472/sq.ft. 4,500/sq.ft. 4,199/sq.ft.
Advance Maintenance N.A. N.A. N.A. Charges (Month)
Car Parking Charges N.A. N.A. N.A.
Power Backup Charges N.A. N.A. N.A.
Club House Charges N.A. N.A. Rs. 2.3 Lacs (One time)
*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
Current status of projects in 5 km vicinity of Sobha Meritta 5000
4500 ) a e r
A 4000 t i n U r e P
( 3500 e c i r P r e d
l 3000 i u B
2500
2000 1-2 yrs to completion <1 yrs to completion Ready to move in
Sobha Meritta Aadvi Homez Pannai SSS Gardens Green Peace Luxury Homes The Address Sai Care La Avenue Provident Housing Cosmo City My PropTree Rich Wood Villas
Sobha Meritta's current price is Rs. 4472/sq. ft. and it is in Ready to Move In stage.
In comparison to locality, Sobha Meritta is overpriced by Rs. 709.34/sq. ft.
Highest price in the locality is for Green Peace Luxury Homes The Address at 4500/sq. ft. and it is in Under Construction stage.
Lowest price in the locality at Aadvi Homez Pannai SSS Gardens at 2200/sq. ft. and it is in Ready to Move In stage.
For more information, visit here Demand Comparison With Other Projects Similar To Sobha Meritta
Demand of projects in 5 km vicinity of Analysis Sobha Meritta
Meritta has 91.77 % demand amongst all projects in Chennai. 100% 91.77%
The highest demand 91.77% in Chennai is for Meritta. d n a 50% m e The lowest demand 1.95% in Chennai is for Sree Raja D Rajeswari Tower 4.12% 2.16% 1.95% 0% Meritta Rainbow Sree Eshwari Sree Raja Colony Tower Rajeswari Tower
Demand in popular localities of Chennai
20% 17.85% Analysis
13.83% Kelambakkam has 0.55 % demand amongst all projects in d 11.64% n
a Chennai. 10% m e 7.22% D 5.29% The highest demand 17.85% in Chennai is for Padur.
0.55% 0% Kelambakkam Perumbakkam Avadi The lowest demand 0.55% in Chennai is for Kelambakkam
Padur Navallur Singaperumal Koil
For more information, visit here Basic Details Comparison A comparison of various basic details of the project like livability rating, project land area, loading percentage, delay etc. with other similar projects PROJECT INSIGHT Favorite project vis-a-vis similar others Amenities Comparison A comparison of various amenities of the project like Swimming Pool, Gymnasium, Intercom, 24X7 Security etc with other similar projects Sobha Meritta Comparison With Other Similar Projects
Sobha Meritta Ramaniyam Waterfront Puravankara Purva Swanlake Kelambakkam, Chennai Navallur, Chennai Kelambakkam, Chennai
Livability Rating* 8.5/10 8.4/10 9.0/10
Safety Rating* N.A. N.A. N.A.
Builder Sobha Ramaniyam Puravankara
Locality Kelambakkam, Chennai Navallur, Chennai Kelambakkam, Chennai
Number of Towers 5 7 15
Project Land Area 6 Acres 4.33 Acres 10.5 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 Meritta Ramaniyam Waterfront Puravankara Purva Swanlake Kelambakkam, Chennai Navallur, Chennai Kelambakkam, Chennai
Part of Township No No No
Average Flats Per Floor 8.42 4.11 3.88
Loading Percentage N.A. N.A. N.A.
Launch Date May `12 May `11 May `08
Possession Date Apr `16 Oct `14 Sep `15
Delay 4 month(s) 17 month(s) 20 month(s)
For more information, visit here Amenities Comparison Of Sobha Meritta With Other Similar Projects
Sobha Meritta Ramaniyam Waterfront Puravankara Purva Swanlake Kelambakkam, Chennai Navallur, Chennai Kelambakkam, Chennai
Gymnasium
Swimming Pool
Multipurpose Room
Sports Facility
Rain Water Harvesting
Common Amenities Children's play area Club House
Amenities not available in any project Cafeteria Golf Course Maintenance Staff
For more information, visit here Builder Profile A detailed overview of builder including his past track record, number of years of operation, number of projects delivered etc.
BUILDER INSIGHT Delivered Projects Credentials of the builder Info about top projects that have been delivered by builder in the past, their date of delivery etc.
Under-Construction Projects Info about top under-construction projects of the builder along with their price appreciation trends 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, Experience 21 Years multiplex theatres, restaurants, convention centers, club houses, hostel facilities, food courts and Project Delivered 114 guest houses. Ongoing Projects 31 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: 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
Livability Score Livability Score 9.6 9.3 Sobha Topaz Sobha Ivory II Puzhakkal, Thrissur Ulsoor, Bangalore
Project was delivered on Dec, 2011 Project was delivered on Jun, 2008
Livability Score Livability Score 9.2 9.2 Sobha Lifestyle Sobha Turquoise Puzhakkal, Thrissur Ulsoor, Bangalore
Project was delivered on Jun, 2012 Project was delivered on Feb, 2005
For more information, visit here Projects Under Construction By Sobha
Livability Score Livability Score 9.0 8.9 Sobha Casa Paradiso Sobha City Aristos Kannur on Thanisandra Main Road, Bangalore Kannur on Thanisandra Main Road, Bangalore
Project is expected to be delivered on Mar, 2017 Project is expected to be delivered on May, 2017 after a delay of 26 month(s).
For more information, visit here LOCALITY INSIGHT Everything you want to know about the locality Schools Near Sobha Meritta, Chennai
Top 5 Schools (within 5 kms)
1 Gateway International School 4.01Km
2 Jagannath Vidyalaya 2.85Km
3 Mambakkam Higher Secondary School 4.93Km
4 School of Aeronautical Science 2.87Km
5 Gateway American International School 3.96Km
M Represents the location of Sobha Meritta
Schools
For more information, visit here Restaurants Near Sobha Meritta, Chennai
Top 5 Restaurants (within 5 kms)
1 Mary's Choice Restaurant And Cafe 4.91Km
2 TAJ Restaurant 2.72Km
3 SMK Fomra Canteen 3.56Km
4 City Tower Restaurant 2.42Km
5 Industrial Canteen 3.91Km
M Represents the location of Sobha Meritta
Restaurants
For more information, visit here Hospitals Near Sobha Meritta, Chennai
Top 5 Hospitals (within 5 kms)
1 Chettinad Super Speciality Hospital 1.69Km
2 Chettinad Hospital and Research Institute 1.63Km
3 Chettinad Health City 1.69Km
4 Prabha Physio Care 2.49Km
5 PEDIATRICIAN.Dr,Rengaswamy,MD 2.42Km
M Represents the location of Sobha Meritta
Hospitals
For more information, visit here