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Savills India facilitates 2.5 acres of land deal for Sobha Limited in Chennai

Chennai, June 30, 2022: Savills India facilitated a Joint Development deal for a land parcel of 2.5 acres for SOBHA Limited in Chennai. The proposed development will be coming up in the Velachery micro-market with a close proximity to the Westin hotel, Phoenix Market City, and the IT corridor of the city. 

“We are looking to leverage the growing demand in premium residential through this joint development. The connectivity and social infrastructure of Velachery are going to be a bonus for this project. Savills India’s unparalleled local knowledge, strong team presence and overall market expertise made them the finest choice as brokers and adviser for us on this deal.” said Ravi Namboodiri, Regional Head TN, SOBHA Limited