000 000 March-April 2016 > Construction & Architecture Update > www.constructionarchitectureupdate.com www.constructionarchitectureupdate.com < Construction & Architecture Update < March-April 2016 RAVI MENON, SOBHA LIMITED Sobha Ltd. has forayed into commercial space by seng up a huge Mall in Thrissur, Kerala. Tell us about this project? Sprawled over 5 acres, ‘Sobha City Mall’ at Thrissur, Kerala has a built up area of approximately 4,50,000 sq. ſt., comprising of three floors of shopping space along with a basement for car parking. This is designed to offer an array of retail, entertainment and recreaon opons with a 6 screen mulplex, restaurants, food court and a gaming arcade. The “Sobha City Mall’ has over a 100 acclaimed brands - Lifestyle, Pantaloons, Van Heusen, Allen Solly, Peter England, Wills, Wrangler, Hidesign, Crocodile, Arrow, Louis Philippe, Lee Cooper, John Players and Subway to name just a few. Further, the Mall is suitably located on the Thrissur – Guruvayoor State highway, making it effortlessly accessible from Kochi, Calicut and Palakkad and other neighbouring districts. Why did you choose Thrissur? Thrissur has immense potenal as a center of trade and for being a banking hub. It is one of the most well- known markets for gold in India with thriving trade in texle. Having a number of engineering and medical instuons, the city has become a center of learning with a large floang populaon. The Sobha City Township is a uniquely designed sustainable integrated habitat where ‘Sobha City Mall’ will ably fulfil the retail, the entertainment and aspiraonal demands of the people of Thrissur and its vicinity. In addion, it will also provide about 2000 direct and indirect job opportunies to the local people. Tell us more about the Sobha City Township project? The “Sobha City” Township is spread over 55 acres. It comprises of 720 apartments of which 432 are 3BHK, 288 are 4BHK, 48 villas and 4 exclusive bungalows. 432 apartments, 28 villas and the clubhouse have been handed over to the occupants. A total of 1.18 million sq. ſt. of residenal development has been handed over to the customers within the agreed handing over period. It is a unique development in Thrissur and one of the best examples of sustainable design. The township development is uniquely designed on central place theory and has a man-made lake of 6.5 acres which funconally is a rain water harvesng tank, fulfilling the water requirement of the enre development. It acts as a focal point around which the whole development is planned. This man-made lake is one of its kind and the largest in the state collecng rain water from the enre township and retains it for various domesc and other uses. The “Sobha City Mall’ is strategically located by the lake to allow visitors to enjoy its breath-taking view. The lake deck acts as a vibrant space enhancing the overall shopping experience. What are your future plans in the commercial space? The launch of ‘Sobha City Mall’ signifies SOBHA’s foray into the commercial segment (retail space leasing) in India. In the last 20 years, SOBHA has built a reputaon for premium quality, aesthecs and mely delivery in the residenal and contractual space. We will connue to maintain high standards in commercial segment as well. Thrissur has a vibrant atmosphere for organised retailing and we hope to scale up our operaons in this space in the coming years. This is our first venture and it is only a beginning. We have plan to setup one more similar project in Bangalore, which is likely to be operaonal in the next two years. What is SOBHA”s real strength? Brief us about the operaonal capabilies in terms of projects and geographical reach? SOBHA’s superior execuon capability is its core strength. As on 31st Dec’15 SOBHA has completed 107 real estate projects and 273 contractual projects covering about 77.92 million square feet of area since its incepon. The Company currently has ongoing residenal projects aggregang to 38.70 million square feet and ongoing contractual projects aggregang to 7.88 million square feet under various stages of construcon. The Company has a real estate presence in 9 cies, viz. Bangalore, Gurgaon, Chennai, Pune, Coimbatore, Thrissur, Calicut, Cochin and Mysore. Overall, SOBHA has footprint in 25 cies and 13 states across India. The Sobha City Township is a uniquely designed sustainable integrated habitat where ‘Sobha City Mall’ will ably fulfil the retail, the entertainment and aspirational demands of the people of Thrissur and its vicinity RAVI MENON CHAIRMAN, SOBHA LIMITED Sprawled over 5 acres, ‘Sobha City Mall’ at Thrissur, Kerala has a built up area of approximately 4,50,000 sq. ft., comprising of three floors of shopping space along with a basement for car parking. Shobha_Interview.indd 40-41 2/29/2016 1:03:37 PM
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000 000March-April 2016 > Construction & Architecture Update > www.constructionarchitectureupdate.com www.constructionarchitectureupdate.com < Construction & Architecture Update < March-April 2016
Ravi Menon, Sobha Limited
Sobha Ltd. has forayed into commercial space by setting up a huge Mall in Thrissur, Kerala. Tell us about this project?
Sprawled over 5 acres, ‘Sobha City Mall’ at Thrissur, Kerala has a built up area of approximately 4,50,000 sq. ft., comprising of three floors of shopping space along with a basement for car parking. This is designed to offer an array of retail, entertainment and recreation options with a 6 screen multiplex, restaurants, food court and a gaming arcade. The “Sobha City Mall’ has over a 100 acclaimed brands - Lifestyle, Pantaloons, Van Heusen, Allen Solly, Peter England, Wills, Wrangler, Hidesign, Crocodile, Arrow, Louis Philippe, Lee Cooper, John Players and Subway to name just a few. Further, the Mall is suitably located on the Thrissur – Guruvayoor State highway, making it effortlessly accessible from Kochi, Calicut and Palakkad and other neighbouring districts.
Why did you choose Thrissur?Thrissur has immense potential as a center of trade and for
being a banking hub. It is one of the most well- known markets for gold in India with thriving trade in textile. Having a number of engineering and medical institutions, the city has become a center of learning with a large floating population. The Sobha City Township is a uniquely designed sustainable integrated habitat where ‘Sobha City Mall’ will ably fulfil the retail, the entertainment and aspirational demands of the people of Thrissur and its vicinity. In addition, it will also provide about 2000 direct and indirect job opportunities to the local people.
Tell us more about the Sobha City Township project?The “Sobha City” Township is spread over 55 acres. It
comprises of 720 apartments of which 432 are 3BHK, 288 are 4BHK, 48 villas and 4 exclusive bungalows. 432 apartments, 28 villas and the clubhouse have been handed over to the occupants. A total of 1.18 million sq. ft. of residential development has been handed over to the customers within the agreed handing over period. It is a unique development in Thrissur and one of the best examples of sustainable design.
The township development is uniquely designed on central place theory and has a man-made lake of 6.5 acres which
functionally is a rain water harvesting tank, fulfilling the water requirement of the entire development. It acts as a focal point around which the whole development is planned. This man-made lake is one of its kind and the largest in the state collecting rain water from the entire township and retains it for various domestic and other uses. The “Sobha City
Mall’ is strategically located by the lake to allow visitors to enjoy its breath-taking view. The lake deck acts as a vibrant space enhancing the overall shopping experience.
What are your future plans in the commercial space?
The launch of ‘Sobha City Mall’ signifies SOBHA’s foray into the commercial segment (retail space leasing) in India. In the last 20 years, SOBHA has built a reputation for premium quality, aesthetics and timely delivery in the residential
and contractual space. We will continue to maintain high standards in commercial segment as well. Thrissur has a vibrant atmosphere for organised retailing and we hope to scale up our operations in this space in the coming years. This is our first venture and it is only a beginning. We have plan to setup one more similar project in Bangalore, which is likely to be operational in the next two years.
What is SOBHA”s real strength? Brief us about the operational capabilities in terms of projects and geographical reach?
SOBHA’s superior execution capability is its core strength. As on 31st Dec’15 SOBHA has completed 107 real estate projects and 273 contractual projects covering about 77.92 million square feet of area since its inception. The Company currently has ongoing residential projects aggregating to 38.70 million square feet and ongoing contractual projects aggregating to 7.88 million square feet under various stages of construction. The Company has a real estate presence in 9 cities, viz. Bangalore, Gurgaon, Chennai, Pune, Coimbatore, Thrissur, Calicut, Cochin and Mysore. Overall, SOBHA has footprint in 25 cities and 13 states across India.
The Sobha City Township is a uniquely designed sustainable integrated habitat where ‘Sobha City Mall’ will ably fulfil the retail, the entertainment and aspirational demands of the people of Thrissur and its vicinity
Ravi MenonChairman, Sobha Limited
Sprawled over 5 acres, ‘Sobha City Mall’ at Thrissur, Kerala has a built up area of approximately 4,50,000 sq. ft., comprising of three floors of shopping space along with
a basement for car parking.
Shobha_Interview.indd 40-41 2/29/2016 1:03:37 PM
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