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Shobha Developers to develop office cum mall in the heart of Bangalore

No Comments Sub Category:Bangalore,Realty News Posted On: Aug 08, 2012

Sobha Developers’ most valued land parcel in the heart of the Bangalore city has finally got a blue print.

The Bangalore-based developer’s 2-acre marquee property, located on the Church Street- St Mark’s Road junction has been revealed to be developed into office cum shopping mall.

As per declaration, Sobha is developing the property and has started the process of getting in place approvals. It has planned for a 200,000-sqft (excluding car park) office cum mall.

The ratio between the offices to mall space will be 50:50. The work on the project will start once the firm gets approvals.

Reportedly, Nadathur family has picked up a significant stake in the property as well.

To read more real estate news:

Real estate firm DLF’s net profit down by 18%

 

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