UAE: Sobha group to build 1000 homes for low-income and underprivileged families in the Kizhakkanchery Panchayath in Palakkad district, Kerala. Each home costing around INR 1.5 million, the 100 houses being constructed are part of the first phase of the project that aims at providing the less fortunate families with a decent and affordable place to live.
The foundation stone laying ceremony was conducted for 100 houses, and keys to 10 newly constructed homes were handed over to the poor families, as well as six living quarters were handed over to young mothers and their children.
This philanthropic move is under the guidance of Mr PNC Menon, Founder and Chairman of Sobha Group, and Founder and Chairman of Sri Kurumba Educational and Charitable Trust, who values charity as a crucial aspect of social responsibility.
Commenting on the occasion, PNC Menon stated: “At Sobha Group, we strongly advocate philanthropy as part of which we have embarked on numerous humanitarian initiatives and projects. Food, shelter, education, and clothing are some of the basic requirements of life and a large population in the country and across the globe lack access to such necessities. As individuals and organisations endowed with wealth, it is our moral obligation to help those in need while simultaneously striving towards the betterment of our society. Recognising this, Sobha Group has always placed a high importance on fulfilling its Corporate Social Responsibility (CSR). This project is also part of such charitable endeavours and our commitment to giving back to the community.”
The event further included announcing of a social pension scheme for 50 rural widows in the district as well as providing educational opportunities for 90 young girls from underprivileged families by enrolling them into the SOBHA Academy. Taking into account the number of underprivileged individuals that lack a proper home and other necessary amenities, Sobha group plans to construct over 1000 homes for families below the poverty line in the district, over the next four years.
Sobha Group real estate developer in the UAE and India organised a foundation laying ceremony for 100 houses being constructed under the aegis of Sri Kurumba Educational and Charitable Trust.