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SOBHA ELYSIA

GIFT City, Gandhinagar

3 & 4 Bed Ultra-luxe Residences with Home Office | 1,817 - 2,625 Sq. ft. | Starting From INR 2.5 Cr*

4 Bed Duplex Residences | 3,460 Sq. ft. | Starting From INR 4.94 Cr*

A home reflects everything you value — your lifestyle, your conveniences, and your sense of belonging. At SOBHA Elysia, every square foot embodies an uncompromising quality and unmatched attention to detail. It is an investment that is an amalgamation of cosmopolitan lifestyle and your heritage.

Come home to SOBHA Elysia, back to where you truly belong.

A home reflects everything you value — your lifestyle, your conveniences, and your sense of belonging. At SOBHA Elysia, every square foot embodies an uncompromising quality and unmatched attention to detail. It is an investment that is an amalgamation of cosmopolitan lifestyle and your heritage.

Come home to SOBHA Elysia, back to where you truly belong.

Gujarat’s Most Sought-after Address.

International Lineage

Drawing from a legacy of 30 years with an overseas footprint, each SOBHA home is crafted by the best of global practices. The themed projects are beyond luxury living; they are curated environments synonymous with quality and impeccable artistry.

561 Iconic Projects | National Footprint 27 Cities in 14 States | 249 Prestigious Awards

International Neighbourhood

Slated as India's first operational smart city, the 886-acre GIFT City is notable for world-class infrastructure and sustainable urban planning. Located between Ahmedabad and Gandhinagar, it offers connectivity via highway, metro, the upcoming bullet train and the international airport.

District Cooling System | Automated Waste Management | Centralised Power Grid | Utility Tunnels | Advanced Water Treatment System

International Community

SOBHA, the first real estate company with national presence has been shaping the GIFT City skyline since 2019, setting benchmarks with SOBHA Avalon and SOBHA Dream Heights. The former with 268 residences and latter with 474 residences, are all sold out.

International Residences

Standing tall with its scintillating facade, the twin towers feature 560 luxe abodes and 12 duplexes with dynamic cascading bay windows and balconies. From expansive living spaces with breathtaking views to sleek modern kitchens and elegant bedrooms, every aspect is carefully crafted with global aesthetics.

German Technology | Backward Integration | 1,456 Quality Checks

International Lifestyle

Feel on top of the world as you indulge in a luxe lifestyle curated for a like-minded community. From tranquil havens to vibrant leisure hubs, each amenity at SOBHA Elysia is an experiential community space to create timeless moments and escape into the demands of urban living.

Club Spectra | 18th Floor Sky Lounge | Lap & Leisure Pool with Deck

An Exploration of the Ultimate Luxury.

TOUR OF GUJARAT’S ICONIC SMART CITY

IMMERSIVE PROJECT SHOWCASE

THE ULTIMATE GUIDED EXPERIENCE

THE SOBHA DIFFERENCE

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Meet Your Future Neighbours.

Testimonial

Mr. Vikas Kabra & Mrs Mamta Kabra

The couple from Ahmedabad share their heartfelt connection with SOBHA Elysia, highlighting thoughtfully crafted spaces, impeccable quality, and the vibrant life at GIFT City. Driven by unmatched amenities and personalised customer care, SOBHA remains their clear choice for a dream home.

Testimonial

Mr. Rishab Balyan & Mrs. Shikha Balyan

For this lovely couple, SOBHA Elysia instantly felt like home, perfectly balancing their professional lives and family dreams. With thoughtfully designed spaces, seamless connectivity, and proximity to top schools in GIFT City, SOBHA Elysia brought their ideal lifestyle effortlessly within reach.

Testimonial

Mr. Devang Jani

Devang Jani shares his admiration for SOBHA Elysia's meticulous finishing, transparent processes, and exceptional amenities tailored for festive celebrations. Impressed by the spacious dining area, balconies, and welcoming foyers along with GIFT City’s excellent connectivity, SOBHA Elysia became his trusted choice for a valuable, future-ready home.

Testimonial

Ravindra Babulal Patel & Bhavesh Rameshbhai Patel

The brothers from Ahmedabad share why SOBHA Elysia was an instant choice — from its international quality to the unmatched location in GIFT City. Drawn by shared values, it is only SOBHA without a second thought — a decision rooted in community, clarity, and confidence.

Testimonial

Mr. Mahesh Patel

After 36 years in New York, he felt an instant emotional connection upon discovering SOBHA Elysia in GIFT City. The moment he stepped in, the international ambience, the warmth of the team, and the beautifully crafted spaces reminded him of everything he loved abroad. It was not just a decision to invest, but a heartfelt return to where his roots truly are.

FREQUENTLY ASKED QUESTIONS

What configurations are available at SOBHA Elysia?

SOBHA Elysia offers 3 & 4 BHK residences with home office, along with 4 BHK duplexes.

When is SOBHA Elysia expected to be completed?

The project is scheduled for completion in December 2030.

What is the payment plan for SOBHA Elysia?

SOBHA Elysia follows a construction-linked payment plan.

What is the RERA registration number of SOBHA Elysia?

PR/GJ/GANDHINAGAR/GANDHINAGAR/GIFT Urban Development Authority/RAA13206/300324/311230 https://www.gujrera.gujarat.gov.in/

INSIGHTS THAT MATTER.

The NRI Connect
Investment Edge
GIFT City Spotlight

Frequently Asked Questions

What documents are required for NRIs to buy property in India? Toggle

NRIs need the following documents:

– Valid passport

– PAN card

– OCI/PIO card (if applicable)

– Power of Attorney (if applicable)

– Proof of Address

Source: https://www.sobha.com/blog/nri-buying-property-india-guide/

How can NRIs fund property purchases in India? Toggle

NRIs can finance property purchases through:

– NRE (Non-Resident External) or NRO (Non-Resident Ordinary) accounts

– Home loans from Indian banks (subject to eligibility)

– Remittances from abroad through authorised banking channels

Source: Reserve Bank of India Website

What are the accepted modes of payment for property purchases in India? Toggle

Payments must be made through banking channels in India and comply with tax regulations. NRIs can use funds from their NRE/NRO accounts.

Source : Reserve Bank of India Website

Can NRIs take a home loan in India? Toggle

Yes, NRIs can avail home loans from Indian banks and NBFCs.

– Eligibility: Based on income, credit score, and bank criteria

– Loan Amount: Typically, 80% of the property’s value, with the remaining amount as a down payment

– Repayment: Must be made in INR via NRE/NRO/FCNR accounts

Source : Reserve Bank of India Website

What are the tax implications for NRIs investing in Indian real estate? Toggle

NRIs are subject to capital gains tax when selling property:

– Short-term (held for <2 years): Taxed as per income tax slab

– Long-term (held for ≥2 years): 20% tax with indexation benefits

NRIs can also benefit from the Double Taxation Avoidance Agreement (DTAA) between India and their country of residence.

Source: https://www.sobha.com/blog/nri-investment-in-indian-real-estate/#Tax_Implications_and_Benefits_for_NRIs

Can NRIs rent out their properties in India?  Toggle

Yes, NRIs can rent out their properties. Rental income is taxable in India and should be credited to an NRO account or repatriated through proper banking channels.

Source : Reserve Bank of India Website

Can NRIs repatriate the sale proceeds of a property? Toggle

Yes, repatriation is allowed under these conditions:

– The property must have been purchased using foreign remittance or NRE funds

– Repatriation is permitted for up to two residential properties

– RBI regulations set limits on the repatriation amount per financial year

Source : Reserve Bank of India Website

Is a Power of Attorney (PoA) required for NRIs? Toggle

A PoA is highly recommended if an NRI cannot be physically present for property transactions. It should be notarised and attested by the Indian consulate in the resident country.

Source : Ministry of External Affairs (MEA), Government of India

Frequently Asked Questions

What are the different types of real estate investments? Toggle

Real estate investments can be categorised into four main types:
-Residential: Apartments, villas, and houses for personal use or rental income
-Commercial: Office spaces, retail shops, and malls
-Industrial: Warehouses, factories, and logistics centres
-Land: Undeveloped plots with potential for future appreciation

Source : https://www.sobha.com/blog/real-estate-investing-guide/

How do I choose the right property for investment?  Toggle

Selecting the right property involves evaluating key factors such as:
-Location: Accessibility, neighbourhood growth, and future infrastructure plans
-Property condition: Age, maintenance, and potential renovation costs
-Market trends: Demand, pricing trends, and rental yields
-Appreciation potential: Expected increase in property value over time

Source : https://www.sobha.com/blog/real-estate-investing-guide/

How do I calculate potential returns on a real estate investment? Toggle

To assess potential returns, consider:
-Rental income: Monthly or annual earnings from tenants
-Property appreciation: Increase in market value over time
-Expenses: Maintenance, property taxes, and loan repayments

Source : https://www.sobha.com/blog/real-estate-roi-calculation-guide/

What should I consider when evaluating a property's location? Toggle

A good location can maximise returns, consider:
-Proximity to key amenities: Schools, hospitals, malls, and public transport
-Future development: Planned infrastructure projects and commercial growth
-Market demand: Rental yield and resale potential in the region

Source : https://www.sobha.com/blog/real-estate-roi-calculation-guide/

Frequently Asked Questions

What is GIFT City? Toggle

GIFT City (Gujarat International Finance Tec-City) is India’s first operational greenfield smart city and international financial services centre (IFSC) – offering world-class infrastructure for finance, technology, and allied sectors.

Where is GIFT City located? Toggle

GIFT City is located between Ahmedabad and Gandhinagar, near the Sabarmati River, Sardar Vallabhbhai Patel International Airport, and Delhi-Mumbai National Highway NH48.

What makes GIFT City's infrastructure unique? Toggle

-District Cooling Innovation: Limiting energy and maintenance costs while enhancing cooling efficiency.
– Automated Waste Collection System (AWCS): Cutting-edge AWCS to maximise resource recovery and minimise emissions.
– Utility Tunnel Network: Revolutionising service delivery; committed to the vision of a “digging-free city.”
– Zero-discharge Water: Potable water from every tap while upholding a zero-discharge commitment.
– Reliable and Adequate Power Infrastructure: Unwavering commitment to power reliability.
– Connected City: Robust optical fibre ring infrastructure serviced by four leading telecommunication providers.
– State-of-the-art Data Centre: Tata Communications’ Tier IV Green Data Centre.

What are the socially sustainable aspects of GIFT City?  Toggle

Built on the ‘Walk to Work’ concept, GIFT City fosters a balanced lifestyle where residents have easy access to all essential facilities and social infrastructure within proximity. Innovative and modern social infrastructure is integrated as part of smart city planning in GIFT City, including technologically advanced schools, hospitals, and community spaces like clubs and recreational centres.

SOBHA IN THE NEWS.

Outlook India

Outlook India

1 Janurary, 2025

Top 25 properties to invest in 2025

READ
ET Luxury

ET Luxury

28 October, 2024

Live an international lifestyle at Sobha Elysia in GIFT City- A Luxury residential community with modern amenities

READ
Forbes

Forbes

26 July, 2024

BRICK BY BRICK PNC Menon’s Sobha Group will soon foray into the US, after having emerged as the third largest real estate player in Dubai.

READ
The Economic Times

The Economic Times

22 May, 2024

Sobha Ltd aims Rs 10,000 crore increase in equity capital over next 5 years

READ

RERA NUMBER

PR/GJ/GANDHINAGAR/GANDHINAGAR/GIFT Urban Development Authority/RAA13206/300324/311230
https://www.gujrera.gujarat.gov.in/