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Sobha Developers & Lakshmi Machine Works join hands to launch project in Coimbatore

20 Dec 2013 Evaluate

In an initiative of its kind, Sobha Developers and Lakshmi Machine Works (LMW) have launched a unique residential project called ‘elan’ at Parasakthi Nagar, Ganapathy, Coimbatore. Combining comparative strengths of each other, two industry majors in their respective sectors - real estate and textile machinery manufacturing, have come together for the first time in Coimbatore.

The project signifies elegance, energy and style. The 4.76 acre development offers 236 units of 1 BHK, 2 BHK and 3 BHK configurations ranging from 800 - 1700 sq feet, priced between Rs 45 lakh to Rs one crore. élan is designed in such a way whereby, 20% of its units will go in accommodating 1 BHK; 50% will accommodate 2 BHK and the rest will be 3 BHK.

Sobha has presence in seven cities -- Bangalore, Gurgaon, Chennai, Pune, Coimbatore, Mysore and Thrissur. It has completed 83 projects aggregating to 20.78 million sq ft of saleable area and is presently developing 43 projects with 17.4 million sq ft of saleable area.

Peers
Company Name CMP
Lodha Developers 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
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