PROPINSIGHTA Detailed Property Analysis Report

40,000+Projects

10,000+Builders

1,200+Localities

Report Created On - 17 Aug, 2016

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 a project.

Project Size5 Towers

Configurations1,2,3 Bedroom Apartment

Possession StartsApr `16

Sobha MerittaSobha MerittaKelambakkam, Chennai

59.7 Lacs onwards59.7 Lacs onwardsLivability Score

8.5/ 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 performing vis-a-vis other projects in the same locality

Demand Comparison

An understanding of how the strong/weak is the demand of current projectand the current locality vis-a-vis others

Price Trend Of Sobha MerittaP

rice

(Rs

per

sq ft

)

Sobha Meritta VS Kelambakkam, Chennai

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

3,630 3,6303,595

3,614 3,614 3,614 3,614 3,6173,598 3,598 3,598 3,605 3,605 3,605 3,618 3,618

3,762 3,762

Meritta Kelambakkam

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 '163500

3600

3700

3800

3900

4000

4100

4200

4300

4400

4500

4600

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

Ramaniyam WaterfrontNavallur, Chennai

Puravankara Purva SwanlakeKelambakkam, Chennai

Primary Purchase Price 4,472/sq.ft. 4,500/sq.ft. 4,199/sq.ft.

Advance MaintenanceCharges (Month)

N.A. 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. 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

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.

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 Green Peace Luxury Homes The Address Sai Care La Avenue Provident Housing Cosmo City My PropTree Rich Wood Villas

1-2 yrs to completion <1 yrs to completion Ready to move in2000

2500

3000

3500

4000

4500

5000

For more information, visit here

Demand Comparison With Other Projects Similar To Sobha Meritta

AnalysisAnalysis

Meritta has 91.77 % demand amongst all projects in Chennai.

The highest demand 91.77% in Chennai is for Meritta.

The lowest demand 1.95% in Chennai is for Sree RajaRajeswari Tower

Dem

and

Demand of projects in 5 km vicinity of Sobha Meritta

91.77%

4.12% 2.16% 1.95%

Meritta Rainbow Colony

Sree Eshwari Tower

Sree Raja Rajeswari

Tower

0%

50%

100%

Dem

and

Demand in popular localities of Chennai

0.55%

17.85%

13.83%

11.64%

7.22%5.29%

Kelambakkam

Padur

Perumbakkam

Navallur

Avadi

Singaperumal Koil

0%

10%

20%AnalysisAnalysis

Kelambakkam has 0.55 % demand amongst all projects inChennai.

The highest demand 17.85% in Chennai is for Padur.

The lowest demand 0.55% 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

Ramaniyam WaterfrontNavallur, Chennai

Puravankara Purva SwanlakeKelambakkam, 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 MerittaKelambakkam, Chennai

Ramaniyam WaterfrontNavallur, Chennai

Puravankara Purva SwanlakeKelambakkam, 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

Common Amenities Children's play area Club House

Amenities not available in any project Cafeteria Golf Course Maintenance Staff

Amenities Comparison Of Sobha Meritta With Other Similar Projects

Sobha MerittaKelambakkam, Chennai

Ramaniyam WaterfrontNavallur, Chennai

Puravankara Purva SwanlakeKelambakkam, Chennai

Gymnasium

Swimming Pool

Multipurpose Room

Sports Facility

Rain Water Harvesting

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 delivered etc.

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 21 Years

Project Delivered 114

Ongoing Projects 31

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 TopazSobha TopazPuzhakkal, Thrissur

Livability Score

Project was delivered on Dec, 2011

Sobha Ivory IISobha Ivory IIUlsoor, Bangalore

Livability Score

Project was delivered on Jun, 2008

Sobha LifestyleSobha LifestylePuzhakkal, Thrissur

Livability Score

Project was delivered on Jun, 2012

Sobha TurquoiseSobha TurquoiseUlsoor, Bangalore

Livability Score

Project was delivered on Feb, 2005

For more information, visit here

9.6 9.3

9.2 9.2

Projects Under Construction By Sobha

Sobha Casa ParadisoSobha Casa ParadisoKannur on Thanisandra Main Road, Bangalore

Livability Score

Project is expected to be delivered on Mar, 2017

Sobha City AristosSobha City AristosKannur on Thanisandra Main Road, Bangalore

Livability Score

Project is expected to be delivered on May, 2017

after a delay of 26 month(s).

For more information, visit here

9.0 8.9

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 2.85Km2.85Km

33 Mambakkam HigherSecondary School 4.93Km4.93Km

44 School of Aeronautical Science 2.87Km2.87Km

55 Gateway AmericanInternational School 3.96Km3.96Km

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 Mary's Choice Restaurant AndCafe 4.91Km4.91Km

22 TAJ Restaurant 2.72Km2.72Km

33 SMK Fomra Canteen 3.56Km3.56Km

44 City Tower Restaurant 2.42Km2.42Km

55 Industrial Canteen 3.91Km3.91Km

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 Super SpecialityHospital 1.69Km1.69Km

22 Chettinad Hospital andResearch Institute 1.63Km1.63Km

33 Chettinad Health City 1.69Km1.69Km

44 Prabha Physio Care 2.49Km2.49Km

55 PEDIATRICIAN.Dr,Rengaswamy,MD 2.42Km2.42Km

Top 5 Hospitals (within 5 kms)Top 5 Hospitals (within 5 kms)

MM Represents the location ofSobha Meritta

For more information, visit here