Page 209 - SOBHA REALTY PR REPORT - AUGUST 2024

8/5/24, 11:48 AM Sobha Group Chairman PNC Menon Supports Wayanad Landslide Victims With 50 Homes Worth Rs 10 Cr
Menon offered his deepest 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 impact of the landslides has been devastating, with many families losing not only their homes but also their

means of livelihood. The construction of these 50 homes worth Rs 10 Crores in Wayanad will be a lifeline for

these families, giving them a place to start over. This initiative is in addition to Sobha Group’s ongoing effort to

build 1,000 homes for underprivileged families in Palakkad district, 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 PNC Menon and Sobha Menon. This Trust has been

instrumental in driving philanthropy and spearheading various CSR initiatives in Kerala.

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 an act of charity but a moral
responsibility to uplift society.

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