Page 200 - SOBHA REALTY PR REPORT - AUGUST 2024

PNC Menon, Founder and Chairman of Sobha

Group Pledges to Build 50 Homes for Wayanad

Landslide Victims

02/08/2024

UAE, 02 August 2024 - Mr. PNC Menon, Founder and Chairman, Sobha Group, pledges to build 50
homes for families affected by the recent landslides in Wayanad, Kerela, India. This gesture is a
heartfelt response to the devastating natural disaster, reflecting Mr. Menon’s deep commitment to
philanthropy and community support.
Mr. Menon expressed his profound condolences for the lives lost and families displaced by the
landslides. "In this hour of distress, we stand in solidarity with the people of Wayanad. Our pledge
to build 50 homes is aimed at providing not only immediate relief but also long-term support to the
affected families," he stated.
The construction of these 50 homes in Wayanad would be in an addition to the 1000 homes, that
Sobha Group is already building for the underprivileged families in Palakkad district in Kerala.
The selection process for the beneficiary families will be based on impartial criteria, ensuring that
the aid reaches those most in need. The construction and funding of these homes will be managed
through the Sri Kurumba Educational and Charitable Trust, established by Mr. PNC Menon and Mrs.
Sobha Menon. This Trust has been instrumental in driving philanthropy and spearheading various
CSR initiatives in Kerala.
Mr. Menon, who has dedicated 50% of his wealth towards advancing social welfare, believes in the
transformative power of philanthropy. He firmly believes that contributing to the community is not

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