apartments in bellandur Bangalore Sobha Dream Acres (1)

1
AFFORDABLE HOUSING IN INDIA
AND THE CLSS SCHEME
2
PRESENT SCENARIO

• Since most of the builders in the country are
  targeting rich and upper middle class of the
  society it has resulted into lack of decent
  housing for lower middle class and increase in
  numbers of unoccupied expensive flats all around
  the major metro cities. This situation has
  compelled the budget flat seekers to look towards
  the outer periphery of the city which leads to
  commutation problems not only for working members
  but for school going kids as well.
• The second most serious problem faced by the
  budget flat seekers is to procure the home loans
  at affordable interest rates as well as
  unmanageable documentation and complex
  registration process coupled with higher stamp
  duty costs.
• Not Anymore. Thanks to the initiative taken by
  the government as well as few sincere real estate
  builders in the nation. One of such initiative
  taken by the government is CREDIT LINK SUBSIDY
  SCHEME which has not only minimized the home loan
  interest rates but has also slashed the GST rates
  to 8.

• .

3
THE CLSS SCHEME

• SALIENT FEATURES

• The main aim of the scheme is to provide
  affordable
• housing to average Indian by the year
  2022.
• Scheme provides subsidized interest rates to home
  
• loan borrowers.
• Maximum loan offer period is 20 years.
• Citizens with annual income from 3 to 18 lakhs
  can avail
• the loan and will receive the interest
  subsidy in the range
• of 3 to 6.5.
• 5. 70 financial institutions have
  collaborated with National
• Housing Bank to provide subsidized
  interest loans.

4
ROLE OF PRIVATE PLAYERS

• CONTRIBUTION OF BUILDERS

• Encouraged by the CLSS scheme various builders
  across the nation
• have started positioning apartments as
  affordable.
• And one such building firm which has done it best
  is SOBHA LIMITED.
• By using the Backward integration concept they
  have reduced the
• Construction cost and time. The pre-casted beams,
  columns and wall panels
• have reduced the building cost for up to 20.
• SOBHA LIMITED is currently involved in 39
  different projects in 9 cities
• across India and Dubai.
• One such project is Sobha Dream Acres it is
  spread around 81 acres with
• 80 open space.

5
ABOUT THE PROJECT

• AMENITIES OFFERED

• SALIENT FEATURES

• 5 clubhouses each containing  
• Badminton courts,
• Squash courts,
• Table tennis rooms,
• Billiards table,
• Pool table ,
• Carom table,
• Party halls,
• Guest rooms,
• Music room/Dance room,
• Library

• Price ranges from 38 lacs to 70 lacs.
• Well connected to Sarjapur road and Whitefield.
• Soon to get metro connectivity.
• Quick drive away from hospitals , schools, malls
  and Tech parks.
• Has its own sewerage treatment infrastructure.

6
GALLERY
7
CONTACT SOBHA LIMITED

• MARKETING OFFICE
• Sobha Limited(Formerly Sobha Developers Ltd.)
• Sobha Dream Acres
• A Sobha Dream Series Project
• Panathur Main Road, Off ORR
• Balagere, Bangalore - 560087
• Karnataka, India.
• Tel[phone]
• Fax[phone]
• Website  https//www.sobhadreamseries.com/