Page 247 - SOBHA REALTY PR REPORT - SEPTEMBER 2024

For instance, in September we will start working on the Sabarmati waterfront project with an
estimated cost of Rs10 billion. We also recently bought a large plot of land for developing a
women’s university in New Delhi, which will be handed over to the government, facilitating free-of-
cost education.”

In Dubai, Sobha group also has a lighting fixture business and a ‘design studio’ in Dubai where it
employs over 500 architects and engineers. Sobha Group also owns a contracting company as well
as a pod manufacturing business.

https://www.khaleejtimes.com/business/realty/dubai-sobha-eyes-10b-sales-forays-into-jewellery-
furniture-business