Sobha builds more for the well-heeled

Bangalore-based real estate company Sobha Developers is increasing its presence in the super luxury residential segment with the launch of a new residential project ‘Sobha Classic’ in the Sarjapur road area of the city. The project, spread over 6.9 acres, has 243 residential units and has a price range of Rs76.71 lakh to Rs90.10 lakh.

The project is expected to be ready by December, 2013, and will be the 17th project of the company in the locality.

“Our journey on Sarjapur road started over a decade ago with Oman Topaz and since then we have completed 16 projects in and around Sarjapur Outer Ring Road with over 2,600 customers,” J C Sharma, MD, Sobha Developers, said.

Sobha Developers has completed 47 residential projects, 13 commercial projects and 170 contractual projects covering 36.62 million sq ft in 18 cities of the country. It has 27 ongoing residential projects in 9.09 million sq ft with 4.45 million sq ft of contractual projects area under various stages of construction.