BANGALORE: As anticipation builds around the impending opening of Bangalore International Airport at Devanahalli, one of the premier real estate firms, Sobha Developers, has made a significant announcement regarding its most expansive single-location project to date, aptly named Sobha Lifestyle. This remarkable development is conveniently situated merely 7 km from the airport, enhancing its appeal to potential buyers.
J C Sharma, the Managing Director of Shobha Developers Limited (SDL), shared with reporters that Sobha Lifestyle represents the company's largest villa project within the city limits. Covering an impressive area of fifty-five acres, the project will feature a total of 165 villas, each designed to offer spacious living areas of 5000, 7000, and even 10,000 square feet.
The financial outlay for this ambitious project is anticipated to hover between Rs 250-260 crore, with completion expected by the end of 2010. Since the land is owned by Rennaissance Developers, this endeavor will be a collaborative venture between Rennaissance and Sobha Developers, promising to deliver a unique living experience.
The villas, which will be priced between Rs 3 crore to Rs 5.1 crores, will boast a plethora of high-end amenities including a state-of-the-art clubhouse, a modern gymnasium complete with sauna and jacuzzi facilities, and an inviting swimming pool. In addition, residents can enjoy an amphitheatre, tennis court, jogging track, and comprehensive CCTV surveillance to ensure utmost security.