Sobha commences delivery of villas in International City, Gurgaon

Bengaluru, June 08, 2016: Sobha Limited, the most trusted real estate developer,begins the handoverof the first phase of its flagship project,International City, Gurgaon in NCR. Spread across 150 acres, International City is a secured, low-density villa community thatoffers presidential villas, duplex villas and super luxury row houses.

The project is located across sectors 109, 106 and 108 in Gurgaon, at the edge of Delhi andclose to Indira Gandhi International Airport.The project, which was launched in 2011, marks the foray of Sobha Limited in Delhi-NCR region. The project has already received several recognitions, most recent being the prestigious ‘Luxury Villa Project of the Year’ award at the NDTV Property Awards 2015.

Despite the challenges posed by a sustained slowdown in the real estate sector, particularly in the NCR region, Sobhalives up to its commitment of delivering international quality products within the agreed timelines.

Speaking on the occasion, Mr. J C Sharma, Vice Chairman and Managing Director, Sobha Limited said, “Traditionally real estate has beengeography specific. However trends have beenchanging. For us, with our headquarters in Bangalore, it was challenging to step into one of the biggest markets in North India. We made an ambitious entry into the NCR market in the year 2011 with the launch of our International City Project in Gurgaon. We are very pleased to announce the successful delivery of row houses in the project. In a difficult operating environment, our international quality products delivered on time is a reflection of the Company’s determination to fulfil its commitments.”

Mr. Jagadish Nangineni, Regional Head – NCR, Sobha Limited said, “As we begin to hand over homes at the International City to our customers, we would underscoreour reputation of deliveringinternational quality products on time in the National Capital Region as well. It had been a challenging task to establish our brand, execute anddeliver through Sobha’s unique backward integrated model in a new locationand our commitment to do the same is starting to bear fruit.”

International City is a carefully planned project with well-designed and executed infrastructure facilities with tree-lined avenues, walkways all through the project. The project has a club house spread across 2 acres, offering best in class sports and social amenities. Besides this, the project also incorporates environment-friendly initiatives such as organic waste convertors, STPs, rain water harvesting and common 24-hour power back-up and for hassle-free living.

Corporate Comm India (CCI Newswire)