Sobha Developers -Upcoming Project

Published on Feb 10, 2013, 01:20 AM IST
sobha-shoba-new-projects
Bangalore based Sobha developers announced their joint venture with SUN-AREA property partners (SUN-Apollo Real Estate Fund) for the development of a 100% FDI compliant residential project in Bangalore.
SUN-AREA property partners will invest approximately
50 crore and an equal amount will be invested by the developer. Sobha planned to launch this project in the first quarter of financial year 2013 once the approvals from the government are cleared.

The news was that the project will be in east Bangalore and the exact location wasn't clear. Here's an update, the new project from Sobha comprises of a residential building complex in land area of 5.6 acres in
Doddanekundi Village which is quite close to Marathahalli. This project will have a built up area of more than 50000 square meters with premium 3 and 4 bedroom unit options.
Well, with the presence of total mall, cinemax, close proximity to ORR work spaces and some premium launches like Zonasha Paradiso and a IDEB Grand Mall which is already under construction, we expect the prices to be on the higher side.

Update: Sobha Developers have recently pre launched this project. The project has been named Sobha Concordia.


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