Sobha to develop Rs 2,000cr integrated township

Sobha Developers has entered in to a joint development agreement to develop Rs 2,000 crore integrated township spread over 192 acres in Gurgaon, Haryana.

The company said it has entered into an agreement with QVC Realty and Chintels India for the venture. This is an addition to the list of integrated township projects already launched by the company in Kochi and Thrissur.

According to J C Sharma, managing director, Sobha Developers, "The integrated township will consist of single-family homes, apartments, commercial, retail and office space. This is one of the company's largest development in north India and is strategically located in Sector 106-109 and well connected to Delhi and Gurgaon."

"Projected investment estimated to be over Rs 2,000 crore and the total development in excess of 6.5 million square feet," he added.