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SOBHA AERIES, Ollur, Thrissur

SOBHA AERIES

Sobha Aeries Cost Sheet: Every Charge Explained, Ollur, Thrissur

2, 3 & 4 BHK · Price on Request

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The Address & The Vision

The Complete Cost Picture

This page exists for one purpose: to set out the complete cost anatomy of a home at Sobha Aeries, the twin-tower apartment development that Sobha Limited is bringing to Ollur Road in Thrissur. A cost sheet is not the same as a price list; it is the itemised ledger of every charge head, base price, PLC, IFMS, development charges, GST, registration and maintenance, that together make up what a buyer actually pays.

The base price is quoted per built-up or super built-up sq.ft and forms the largest single component of the sheet. Over this, a preferential location charge, or PLC, is applied where a unit carries a specific floor level, view, or corner-plot advantage within either of the two 45-upper-floor wings that make up Sobha Aeries.

Beyond the unit price, buyers encounter the interest-free maintenance security, or IFMS, a one-time corpus collected to fund the building's upkeep before a residents' association takes charge, alongside development charges that cover roads, sewage lines and common infrastructure built to service the twin towers and their dedicated recreational block. GST applies on top of these components for any booking made before the completion certificate is issued.

Government levies complete the picture. In Kerala, property registrations attract stamp duty fixed at 8 percent, while registration charges are at 2 percent, calculated on the higher of the agreement value or the government-notified fair value of the land. For an under-construction residential apartment that does not qualify as affordable housing, GST is charged at 5 percent, without input tax credit, on the agreement value, and this GST is not levied once the entire consideration is received after the completion certificate or first occupation, whichever is earlier.

Read on through this cost sheet for the specific application of base price, PLC, IFMS, development charges, GST and registration to a Sobha Aeries home, and reach out to the sales team for the current, unit-wise cost sheet as bookings open.

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Configurations & Pricing

All-Inclusive Cost Break-Up

ConfigurationSizeStarting Price
2 BHK
Configuration and cost sheet to be published with the official launch.
On request
3 BHK
Configuration and cost sheet to be published with the official launch.
On request
4 BHK
Configuration and cost sheet to be published with the official launch.
On request

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About the Developer

Sobha Limited

Sobha Limited was founded in 1995 by P.N.C. Menon, who brought three decades of glorious experience in creating interiors of palaces and masterpieces in the Middle-East before starting the company in Bengaluru. Headquartered in Bengaluru, the company went public in 2006 with its IPO on Indian stock exchanges, and the company changed its name to Sobha Limited on 18 August 2014. Over three decades, Sobha has grown to operate across 27 cities in 14 Indian states, and has completed approximately 148 million square feet across 467 projects, spanning apartments, villas, plotted developments and townships.

What distinguishes Sobha Limited is its backward integration model, unique among listed Indian real estate companies, under which design, engineer, source and manufacture a range of building materials, all executed by trained and skilled professionals rather than outsourced to vendors. Four factories spread across 25 acres in Bangalore deliver a range of building products for delivering in-house projects as well as to a large customer base in both commercial and retail segments. Each residential unit undergoes 1,456 quality checks before handover, and the model is the subject of a Harvard Business School case study on backward integration in real estate.

Sobha's portfolio spans residential apartments, villas, plotted developments and integrated townships, alongside a substantial contractual construction business. Signature addresses include Sobha Neopolis, Sobha Dream Acres, Sobha City Gurgaon Sector 108, and the Sobha One World township in Hoskote, East Bangalore, described as an integrated township in Hoskote, East Bangalore, spread over 300 acres. On the contractual side, the company has built facilities for multinational corporate clients namely HP, Infosys, Bosch, Biocon, DELL and Timken. Beyond Bengaluru, Sobha has expanded into Delhi NCR, Coimbatore, Kerala, Chennai, Hyderabad, Pune and GIFT City, with Mumbai and Greater Noida among its newer markets.

The company's ownership philosophy is anchored in founder P. N. C. Menon's principle of Passion at Work and a refusal to outsource quality, a principle that became the defining trait of the business and remains its central differentiator three decades later. The company is today chaired by Ravi Menon and is headquartered in Bengaluru, which is also its strongest and most established market. As a company listed on BSE/NSE since 2006, Sobha operates under institutional-grade financial transparency, while its backward-integrated structure means the result is fewer delays, tighter cost control, and stronger build quality than models relying on external contractors.

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Frequently Asked Questions

What does the Sobha Aeries cost sheet actually cover?+
The Sobha Aeries cost sheet lays out every charge head that makes up the final outgo on an apartment: the base price per sq.ft, preferential location charges (PLC), the interest-free maintenance security (IFMS) deposit, development charges, GST, stamp duty and registration, and recurring maintenance. Each head is billed separately from the base price so buyers can see exactly what they are paying for.
Is GST applicable on a Sobha Aeries apartment booking?+
Yes. As Sobha Aeries is an under-construction twin-tower project, bookings made before completion attract GST on the agreement value. Under-construction residential apartments that do not qualify as affordable housing are taxed at 5 percent, without input tax credit, and this GST ceases to apply once the completion certificate is issued and the entire consideration is received after that or first occupation, whichever is earlier.
What stamp duty and registration charges apply to Sobha Aeries in Thrissur?+
Property registrations in Kerala, including in Thrissur, are charged at 8 percent stamp duty and 2 percent registration fee, calculated on whichever is higher between the agreement value and the government fair value of the land parcel. These are paid separately from the base price and GST components on the Sobha Aeries cost sheet.
Is Sobha Aeries RERA approved?+
Sobha Aeries is presently at the new-launch stage in Ollur, Thrissur. RERA registration details for this specific project will be published as the project moves through the statutory approval process, in line with how Sobha Limited's other Thrissur launches have been registered with the Kerala RERA authority.
How many towers and units does Sobha Aeries in Ollur, Thrissur have?+
Sobha Aeries comprises two residential towers, each rising with two basement levels, a ground floor and 45 upper floors, together with a dedicated recreational block of ground plus two floors. The development totals 336 apartments across the twin towers.
What are IFMS, PLC and EDC/IDC charges on the Sobha Aeries cost sheet?+
IFMS is a one-time, interest-free deposit collected upfront to fund the building's maintenance corpus before a resident welfare body takes over. PLC is an additional charge for a preferred floor, view, or corner unit, over and above the base price. EDC/IDC-type development charges cover the cost of external and internal infrastructure, such as roads, sewage, and common utilities, that support the twin-tower development.

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