Sobha Developers enter Chennai realty market
Sobha Developers, a renowned realty group based in Bangalore has entered the Chennai real estate market with two projects.
The projects titled, Sobha Merrita and Sobha Serene with a cost of over Rs 400 crore in Kelambakkam and Porur respectively.
Sobha Merrita spread across six acres of land, cost around Rs 300 crore. It provides state of the art amenities.
On the other hand, Serene is built on a budget of Rs 120 crore and spread across 3.15 acres.
The developers have completed 73 projects as of September, 2011 and are eying on more.
Source: The Economic Times
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