BANGALORE: Ahead of the opening of Bangalore International Airport at Devanahalli, foremost real estate firm Sobha Developers on Saturday announced the commencement of their biggest single location project, Sobha Lifestyle, in the locality of the airport area. This project is located just 7 km from airpot.
J C Sharma, Managing Director, Shobha Developers Limited (SDL) told reporters that Sobha Lifestyle is also the biggest villa project by the company in the city. The project is spread over fifty five acres with 165 villas measuring 5000, 7000 and 10,000 sq feet.
The project cost is expected to be around Rs 250-260 crore and also it is expected that it will be completed by end of 2010, since the land owned by Rennaissance Developers is being jointly developed by Rennaissance and Sobha, he said.
The villas, ranging from price points of Rs 3 to Rs 5.1 crores, would have state-of-the-art club house, gymnasium with sauna and jacuzzi, swimming pool etc. Other amenities include amphitheatre, tennis court, jogging track and CCTV for security.