sobha breaks ground on daffodil development.

sobha breaks ground on daffodil development

Dubai, February 2008 Sobha Group has broken ground on its first residential development in Dubai.

Building work started on Sobha Daffodil at Jumeirah Village on 28th January, following a ground breaking ceremony attended by senior executives from the company.

"Sobha Daffodil marks our entry into the residential real estate market in the Middle East. We are pleased to celebrate its ground breaking today," said Ajay Rajendran, Vice Chairman, Sobha Group, talking at the ground breaking ceremony.

"Now that construction has begun, we will work tirelessly to ensure on-time completion of the project. That is our pledge to all buyers who, we know, are keen to take delivery of their new homes," Ajay Rajendran added.

Sobha Daffodil is a 178-apartment development located in Jumeirah Village. The four and ten-storey complex offers a contemporary living environment with roof top garden, large temperature controlled swimming pool and fully equipped Club House.

Apartment units range from well appointed studios to spacious three-bedroom apartments.

Sobha is making every effort to ensure that families will be making Sobha Daffodil their home before the end of 2009.

The Sobha Group expects to announce a regional portfolio of over AED 3.5 Billion by the middle of 2008 which will include a range of commercial and residential properties at premium locations in Dubai.

Picture caption: Sobha's senior executives attend the ground breaking of Sobha Daffodil (Left to right): Suresh C.S, Senior Project Engineer; C.M Edison, Head Of Purchasing; Vinod.R, Senior Project Manager; Vilas Narsapur, Asst Vice President - Project Manager; Mr Ajay Rajendran, Vice Chairman; Anothony Steens, Asst Vice President- Projects; Col. Vijay Kapoor, Asst Vice President Administration; Prem Chandran, Asst Vice President- Projects.

[c] 2008 Al Bawaba (www.albawaba.com)