Sobha Royal Pavilion by Sobha Property
It’s crucial that we take steps to safeguard our interests for the future. Heading to uncertainties without any preparation can have an adverse effect on your purchase decisions. Residents have now realized the importance of investing in the property market and are now transitioned from living as tenants to first-time property investments. Sobha Royal Pavilion by Sobha properties is a residential project which is strategically located to perfection at Hadosiddapura near Sarjapur road in Bangalore. The project offers 2, 3 and 4 BHK apartments that are spread across 24 acres of land. With structures nothing short of architectural marvels, residents can catch stunning views of landscaped gardens surrounding the project. In order to employ a customer-focused approach, customers are called to the site to experience the amenities, floor plans, design structures or take an entire tour of the property to predict overall development from the conceptualization phase until completion. This establishes long-lasting relationships with key clients for future business prospects.
|Sobha Royal Pavilion|
GST Council to make amendments in tax levied on under construction projects
With the inclusion of regulatory bodies like RERA and tax reforms such as GST, the increase of affordable housing structures is significant. According to recent property trends, 12% of GST is levied on under construction project which has made it hard for mid-level income segment to approach property developers. The good news is that starting next month, the GST council is set to reduce the tax for under construction project to 5 percent which is quite economical. This would help residents plan their financial requirements better which is sure to benefit the real estate market as property developers can devise additional marketing strategies to release their inventory. Another pre-conception by the government is that real estate property developers aren’t stretching ITC (Input Tax Credit) benefits to property buyers as the GST tax comes down to 5-6% if ITC is calculated on the amount of the property. Rest assured, residents who are willing to work with Sobha Royal Pavilion Sarjapur Road are sure to regain trust in the property market which would evidently contribute to a secured lifestyle.
Prioritizing your requirements- Pre-requisites before visiting the property site
Effective property investments comprise of various aspects that need to be considered. Residents, especially first-time property aspirants are suggested to consult with real estate advisers before they arrive at the site. Visiting property developers without an in-depth knowledge about the property market could turn risky. Being a long-term in nature, real estate investments need to be handled with utmost caution and conviction so you hit the jackpot with every decision. Be it the floor plans devised at the project, location of the project, amenities provided or design structures, every one of these aspects should be considered so residents at the site don’t get confused looking at something entirely different. Sobha Royal Pavilion has worked with esteemed architects and engineers who have delicately created spaces keeping resident interest in mind.
Sarjapur- Transforming into a real estate investment destination
Location of the project is the most important aspect of a residential project. For instance, it’s noticed that customers are more inclined to invest in locations that are not closer to the city. This established a calm and secluded environment. On the contrary, if in-house residents aren’t able to enjoy seamless connectivity and proximity to the rest of the city, the credibility of the project is adversely affected. Sobha Royal Pavilion, which is located near Sarjapur road has a lot to offer in terms of location and social infrastructure development. The location is close to fabulous IT tech parks that houses 30-40% of Bangalore’s IT population. This is a great change for young IT professionals and Entrepreneurs to start investing early for an alternate source of income. With low priced housing structures, potential investors wouldn’t find it tough to look for profitable tenants if they plan on renting out the property. Along with IT infrastructures, Sarjapur houses renowned schools, colleges and medical institutions so residents can provide the best services for their children in regards to education and healthcare. With highways, expressways and flyovers, customers can get around to other localities with relative ease and this is sure to increase land appreciation and price.
|Sobha Royal Pavilion Location - Sarjapur Road|
To conclude, with tax rates going down from the next month, this is a great opportunity for residents around Sarjapur to invest with Sobha Royal Pavilion for their dream home.
Sobha Royal Pavilion Floor Plan
Sobha Royal Pavilion Floor Plan