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Sobha Limited to develop a 26-acre row housing project in Bengaluru, Sobha Crystal Meadows

Sobha Limited is set to develop a 26-acre row housing project in Bengaluru, the company disclosed to HT Digital. The anticipated total revenue potential for this project is estimated to be around ₹2700 to ₹2800 crore.

The project is RERA certified. The construction is expected to begin soon, the company said. Sobha Crystal Meadows is slated for development over five stages, with completion targets set from December 2029 to December 2035 for the respective phases, according to Sobha Ltd. The revenue potential for this project is estimated at approximately ₹2700-2800 crore, with unit prices beginning at ₹10.5 crore.

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The development will feature 290 English-themed row houses situated off Sarjapur Road in Bengaluru. These 4 BHK homes will have a super built-up area ranging from 4237 to 4815 sq. ft., distributed across G+3 levels, and will include a terrace.

“Sobha Crystal Meadows is meticulously designed to serve the top executives in Bengaluru, providing a solution to the limited availability of upscale homes off Sarjapur Road—central to Bengaluru’s thriving commercial district. The project is influenced by Victorian architectural elements and its prime location offers unmatched convenience and connectivity to the city’s dynamic core,” stated Sumeet Chunkhare, Chief Marketing & Communications Officer at SOBHA Limited.

Established in 1995, SOBHA Limited has successfully delivered over 133.58 million square feet in 27 cities across India.

Additionally, SOBHA Limited has introduced Sobha Elysia, luxurious apartments encompassing 2.65 acres in GIFT City. With a total saleable area of 1,249,984.98 sq ft, the project features two towers housing 572 units in configurations of 3 and 4 BHK, ranging in size from 1,870 sq ft to 2,625 sq ft, according to the company’s latest operational update on April 4.

Sobha Limited has recently unveiled Sobha Ridge, set on 2.78 acres, featuring a total saleable area of 232,441.26 sq ft with 110 apartments available in 3, 3.5, and 4 BHK configurations, with unit sizes ranging from 1,750 sq ft to 2,759 sq ft. Additionally, the company is developing Sobha Atlantis Phase 2, a luxury apartment project in Kochi spread across 2.35 acres.

Also Read:- Adani Group acquires 25 acres land from Finolex in Pune for ₹470 crore

The company reported a 28 percent year-on-year increase in sales bookings during the last financial year, reaching ₹6,644.1 crore, driven by robust consumer demand. This is a significant rise from the ₹5,197.8 crore recorded in the previous year, as mentioned in the company’s latest operational update.

FAQs about Sobha Limited’s Projects

1. What is Sobha Limited’s upcoming project in Bengaluru?

  • Sobha Limited is set to develop a 26-acre row housing project in Bengaluru, with an estimated total revenue potential of ₹2700 to ₹2800 crore.

2. Is the project RERA certified?

  • Yes, the project is RERA certified, ensuring transparency and accountability in the construction process.

3. When will the construction of Sobha Crystal Meadows begin?

  • The construction is expected to commence soon, according to the company’s statement.

4. What are the completion targets for Sobha Crystal Meadows?

  • Sobha Crystal Meadows will be developed over five stages, with completion targets set from December 2029 to December 2035 for the respective phases.

5. What are the key features of Sobha Crystal Meadows?

  • The project will feature 290 English-themed row houses located off Sarjapur Road in Bengaluru, with 4 BHK homes having a super built-up area ranging from 4237 to 4815 sq. ft. Each unit will span G+3 levels and include a terrace.

6. How is Sobha Crystal Meadows designed to cater to executives in Bengaluru?

  • Sobha Crystal Meadows is meticulously designed to cater to Bengaluru’s C-suite executives, offering upscale homes in the heart of the city’s commercial hub off Sarjapur Road. The project draws inspiration from Victorian architectural style, providing convenience and connectivity to the city’s core.

7. What other projects has Sobha Limited introduced?

  • Sobha Limited has introduced Sobha Elysia, luxurious apartments in GIFT City, and Sobha Ridge, featuring apartments in Bengaluru. Additionally, Sobha Atlantis Phase 2, a luxury apartment project in Kochi, is under development.

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