Neopolis
Jul 21, 2025
Is the new Yula Globus "NEO" launch at Neopolis actually worth the OTP hype?
Hey folks, I’ve been looking into Yula Globus’s upcoming 2‑tower launch at Plot 11 in Neopolis, and here’s my long‑read breakdown from someone who’s not selling- just seriously curious.
1. Basic Details?
Yula Globus is developing a 4.3 acre parcel on plot 11 in Neopolis(APR still owns ~3.1 acres separately)- roughly split between APR and the builder teams. Neopolis projects of this size naturally fall at the lower end of rates vs bigger clusters like Brigade or Rajapushpa. Inputs also suggest one main director overlaps with both Team4LifeSpaces and Yula Globus.
2. Location & Connectivity
Sits right in HMDA’s 41– 48 acre Neopolis layout in Kokapet—just ~2.4 km from ORR, well connected via 45 m/36 m internal roads. Water, sewage and power infrastructure worth ₹227 cr are under development by HMWSSB/HMDA for the layout. Hence, it is located in one of the best locatily of Neopolis. There have been proposals for Metro near Grava which makes it even more accessible.
3. Pricing (What concerns me)
Size: 2300-4500 sft, with ~ 670 units
OTP pricing: ₹7000/sqft (₹2.30 Cr+ for ~2300 sft)(According to CP msgs forwarded in grps)
CLP 20:80 pricing: ₹8,900+/sft (so ~₹2.9 Cr+ for same area)
OTP is ~20–25% lower than CLP, completely different than pricing of other plots in the area.
I don't think there is any plot in Neopolis which has price as low as this one. The OTP is too tempting 7000 was stated in recent msg, it was as low as 6600 per sft 1 month back which seems too fishy, I personally feels these are the exact offers which be cautious about.
4. Builder credentials & risk
Almost no credible experience with the builder although it shows association with team4lifespace(which itself has no good reputation),, they don't account for enough experience to go for OTP(it is a gamble). I suggest go for CLP even if you are paying more.
5. Why the buzz? What stands out
The design of the skyscrapper is one of the best, I liked the renders and I hope it turns out just like that but there will be design changes no doubt but if there are no major ones this will be one of the best looking building in Neopolis.
Renders and sky‑homes aesthetics are refreshing
And obviously impossible to find a 2300 sft flat at ‑₹7k/sft entry price (which is the main reason behind the buzz).
If you're looking for value‑entry into Neopolis-with large units, views, and aren’t phased by some builder risk-go for it. But only if you're comfortable with OTP terms and possible delay risk.
Got it's price sheet if anyone wants
Neo by Yula Globus at 7k/sqft OTP is a steal for Neopolis 57 floors with sky bridge? Views over ORR will crush it. But new builder, so track RERA progress closely before booking.
Living nearby, excavation's flying raft done in 45 days! 3BHK at 2.3Cr base beats Phoenix or My Home prices here. Possession 2030 feels doable if they keep pace.
Compared to My Home Budvel, Neo's closer to IT (5-10 mins), better amenities like stargazing decks. But 4.36 acres feels compact for 700 units hope green spaces deliver.
Love the 4BHK options up to 4,500sqft with courts and pool. Schools like Vidya Vikas 5 mins away perfect for kids. Just confirm EC and HMDA layout stability.
My cousin invested in Globus even before the pre-bid stage of the HMDA Neopolis phase 3 bidding, through an OTP deal at a very good rate. The Director of Globus Developers personally agreed to the terms and an AOS was confirmed. However, on the last day of transfer, Globus Developers completely denied the commitment and backed out of what was promised.
There were three of us cousins who initially did not invest along with my cousin. However, we were seriously considering investing after Globus won the Neopolis HMDA bid, even at a higher price, assuming things would be more transparent post-bid.
Unfortunately, after witnessing how Globus failed to honor their own word and broke a commitment given by their Director, all three of us dropped the idea of investing in the Yula Globus venture.
If a builder cannot stand by their word during the early stages of a deal, it raises serious concerns about:
Ethics and integrity
Trustworthiness
Ability to complete a long-term project responsibly
This experience reinforced a hard lesson for us: why it is safer to invest with established developers like My Home, Aparna, or Prestige, who have a proven track record and professional ethics, rather than entry-level developers who fail to honor commitments.
Thankfully, I consider myself lucky to have learned this lesson before investing, through my cousin’s experience. We are talking about investments locked in for 5 years or more—trust is everything. If a builder cannot keep promises at the agreement stage, how can buyers trust them to deliver the project on time and as promised?
Neopolis appreciation 20-30% YoY, this at 8.9k CLP is entry-level luxury. Bridge between towers cool, but stack sizes matter—anyone got floor plans?
Is there any Investor Whats app group? if so can you add my number. Let me know to whom i should contact. I have invested one unit in this project.