Sobha Group Signs 2.5 acres JD Deal in Chennai

Sobha Group Signs 2.5 acres JD Deal in Chennai

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2 year(s) ago

Sobha Ltd Partners for Chennai Housing Project. Real estate developer Sobha Ltd. has announced a joint venture in Chennai to build a new residential project in Chennai. The company signed a joint development agreement (JDA) in Chennai for a 2.5-acre land parcel.

“This project leverages the growing demand for premium housing in Chennai,” said Ravi Namboodiri, Sobha’s Regional Head for Tamil Nadu. “The excellent connectivity and social infrastructure of Velachery make this location ideal.”

The JDA approach is increasingly popular among developers, offering an alternative to outright land purchases for business expansion.

Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article or want to publish your news or article please email news@jvdeals.in

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