SOBHA PARQCITY (PARK CITY), Hennur, Bangalore

SOBHA PARQCITY (PARK CITY)

Owning in Sobha Parqcity from abroad: an NRI guide to Hennur, North Bengaluru

1, 2, 3 & 4 BHK · Price on Request

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At a Glance

Price
On request
Configurations
1 BHK, 2 BHK Luxe, 2 BHK Grande, 2 BHK + Home Office, 3 BHK Luxe, 3 BHK Grande, 4 BHK Lux (3 baths), 4 BHK Grande (4 baths) (750–2,800 sq ft)
Status
Pre-Launch
The Address & The Vision

Buying from Abroad

Sobha Parqcity sits on Hennur–Bagalur Main Road in Chikkagubbi Village, North Bengaluru, and was earlier referred to as Sobha Hennur. The project is presented to non-resident buyers as a residential address from Sobha Limited, a developer headquartered in Bengaluru. For a buyer living abroad, the first question is legal eligibility, and Indian law permits this purchase without prior RBI approval. This page sets out how the process works, from the funding route to remote booking.

Buyers living overseas usually weigh three things first: how the money reaches India, who signs on their behalf, and how the proceeds can return later. Sobha Parqcity spans configurations from a 1 BHK of 750 sq ft to a 4 BHK Grande of 2,800 sq ft super built-up area, which gives NRI families a wide range of options for own use or letting. The sections that follow cover each of these steps in practical terms.

NRIs and OCIs can buy a home in India without RBI approval, but not agricultural land, plantation property or a farmhouse. Payment must come through normal banking channels — money sent from abroad, or from an NRE, NRO or FCNR account in India; it cannot be paid in foreign currency or traveller's cheques. A home loan from an Indian bank is also open to NRIs.

On tax: when buying from a developer, the buyer deducts 1% TDS if the value is Rs 50 lakh or more. If you sell later, your buyer deducts TDS at the higher NRI rates. Sale proceeds of up to USD 1 million a year can be sent abroad from an NRO account with the right papers, so plan the route early.

Sobha Parqcity invites non-resident buyers to begin the process from abroad with the right documents in place. Our channel partner team can help map the funding route, the power of attorney format and the repatriation plan for your situation.

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Configurations & Pricing

Choose Your Space

ConfigurationSizeStarting Price
1 BHK
Compact single-bedroom home suited to working professionals and single occupants or tenants.
750 sq.ft.On request
2 BHK Luxe
Two-bedroom plan for couples and small families who value efficient, well-ordered living space.
1050 sq.ft.On request
2 BHK Grande
Roomier two-bedroom layout with generous living and dining proportions for everyday comfort.
1250 sq.ft.On request
2 BHK + Home Office
Two bedrooms plus a dedicated home office, suited to owners who work remotely from India.
1350 sq.ft.On request
3 BHK Luxe
Three-bedroom family residence with efficient circulation, suited to growing households and long-term residents.
1530 sq.ft.On request
3 BHK Grande
Spacious three-bedroom home for larger families, multigenerational living and long-term residence.
1840 sq.ft.On request
4 BHK Lux (3 baths)
Four-bedroom residence with three bathrooms for large households seeking space and privacy.
2200 sq.ft.On request
4 BHK Grande (4 baths)
Four-bedroom home with four bathrooms and generous living areas for family and guests.
2450 sq.ft.On request
4 BHK Grande (4 baths)
The largest four-bedroom plan, with four bathrooms and expansive space for multigenerational families.
2800 sq.ft.On request

Schedule a Site Visit

See the property in person. Our sales team will get in touch to coordinate a visit at your convenience.

About the Developer

SOBHA Limited

SOBHA Limited was founded in 1995 by P.N.C. Menon, an entrepreneur who had spent nearly two decades building an interior decoration business for palaces and commercial complexes in Oman before turning to Indian real estate. The company began as Sobha Developers Limited in Bengaluru, went public on the BSE and NSE in 2006 in an IPO that was oversubscribed 126 times, and was renamed SOBHA Limited in 2014. Three decades on, the company is headquartered in Bengaluru with a corporate presence in Dubai, is chaired by Ravi Menon, and has delivered more than 580 projects spanning roughly 27 Indian cities, alongside a significant Middle East footprint across the UAE, Oman, Bahrain and Brunei.

What distinguishes SOBHA from most listed Indian developers is its backward-integration model, a system in which design, concrete manufacturing, glazing, metalwork, interiors and finishing are all carried out in-house rather than outsourced to third-party contractors. This approach, refined since the early 2000s and studied as a Harvard Business School case, is built around dedicated manufacturing facilities in Bengaluru, including a large interiors and woodwork factory, a concrete products division producing high-strength blocks and precast components, and a glazing and metal works unit fabricating aluminium window and curtain-wall systems. The company reports that every unit passes through more than a thousand documented quality checkpoints before handover, a process made possible by owning the supply chain rather than depending on external vendors.

Portfolio breadth extends well beyond apartment towers. SOBHA's body of work in and around Bengaluru includes large-format developments such as Sobha Dream Acres across 81 acres and roughly 5,600 units, Sobha City spanning 39 acres, and Sobha Windsor with about 3,000 units, alongside newer launches like Sobha Neopolis, Sobha Ayana and Sobha Magnus. Outside its home market, the company has built a presence in Delhi-NCR through projects such as Sobha Altus, in GIFT City, Gujarat through Sobha Elysia, and in cities including Chennai, Pune, Coimbatore, Hyderabad, Kochi, Kozhikode, Thrissur, Trivandrum and Mysuru. Its contracting and manufacturing divisions also execute glazing, MEP, interiors and epoxy flooring work for corporate and hospitality clients beyond its own residential projects, and the group maintains an active development pipeline in Dubai.

At the center of the company's philosophy is the founder's original conviction that quality should be controlled directly rather than outsourced, a principle carried forward today under the leadership of Chairman Ravi Menon with P.N.C. Menon as Founder Chairman Emeritus. This translates into an ownership structure where SOBHA employs its own architects, engineers, technicians and factory workers rather than relying on a shifting base of subcontractors, and where sustainability practices such as recycling construction waste and sourcing PEFC-certified timber are built into daily manufacturing rather than treated as an add-on. For channel partners and buyers, the resulting proposition is a publicly listed, financially transparent developer whose scale and process can be verified through quarterly filings rather than promotional claims.

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Frequently Asked Questions

Can an NRI buy a home in Sobha Parqcity in Hennur, Bengaluru under FEMA?+
Yes. NRIs and OCI cardholders can buy residential property in India, including apartments at Sobha Parqcity, without prior RBI approval, and there is no cap on the number of residential units they can own.
How should an NRI pay for a Sobha Parqcity booking?+
Payments should come from inward remittances from abroad or from NRE or FCNR accounts, routed through banking channels. Cash transactions are not permitted under FEMA for property purchases.
Is Sobha Parqcity RERA approved yet?+
Sobha Parqcity is at the pre-launch stage and its Karnataka RERA registration is still awaited. The registration number and date will be added once the registration is issued.
Can an NRI book a Sobha Parqcity home remotely through a power of attorney?+
Yes, a power of attorney can be used when the NRI cannot attend in person. A power of attorney authorising a property transfer must be notarised and attested abroad and then registered at the sub-registrar office in India.
What are the repatriation rules for Sobha Parqcity sale proceeds?+
Proceeds from a home bought with NRE, FCNR or foreign remittance can be repatriated in full, but residential property repatriation is limited to two properties. Proceeds beyond that follow the USD 1 million per financial year route through the NRO account.
What configurations does Sobha Parqcity in Hennur offer, and is the price published?+
Sobha Parqcity offers configurations from 1 BHK at 750 sq ft up to 4 BHK Grande at 2,800 sq ft super built-up area, and pricing is available on request.

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Earlier marketed as SOBHA HENNUR, SOBHA HENNUR TOWNSHIP and SOBHA PARK CITY.

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