Thrissur, Kerala’s cultural capital has been selected for the setting up of a township by Sobha Developers at a cost of Rs. 850 crore.
Often referred to as the golden capital, dealing in almost
Rs. 700 crore worth of gold every year, Thrissur is a cash rich
city, with a large concentration of NRIs
To capitalise on the NRI wealth, Sobha City will be built on
a 55 acre township, covering 3 million sq. ft around a 6.4 acre
man-made lake, with 78% and 22% of area devoted to residential
and commercial spaces.
The high-end customer is the target of the Sobha City, with
residential properties ranging from Rs. 2 crore for a villa to
Rs. 67-85 lakh for a 3-4 BHK apartment. 25 exclusive villas would
be built with 640 apartments.
Sobha Developers chose Thrissur over Kochi for this project
to avail of the price advantage and the NRI strength of the city.
Located on the Guruvayoor highway, the project will bring a world-class
lifestyle to this "global city" when it is completed in 5 years.
