Staff Report
Dubai, UAE
Sobha Group, a premium real estate developer in the UAE and India, announced the development of 1,000 homes for low-income and underprivileged families, as part of Sobha Community Home Project.
The company organised a foundation laying ceremony for the first 100 houses – part of the Sobha Community Home Project – being constructed under the aegis of Sri Kurumba Educational and Charitable Trust, for low-income and underprivileged families in the Kizhakkanchery Panchayath in Palakkad district, Kerala. The ceremony was attended by PNC Menon, Founder and Chairman of Sobha Group, along with Ravi Menon, Co-Chairman of Sobha Realty and Jagadish Nangineni, Managing Director, Sobha Limited.
At the event, 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. With each home costing around INR1.5 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 Sobha Community Home Project was launched with the primary goal of constructing housing 1,000 housing complexes over the next four years for underprivileged families taking into account the number of underprivileged individuals that lack a proper home and other necessary amenities in Palakkad, Kerala. This move echoes the philanthropic values upheld by the company and its commitment to contributing to humanitarian causes, under the guidance of PNC Menon, who is also Founder and Chairman of Sri Kurumba Educational and Charitable Trust, who values charity as a crucial aspect of social responsibility.
In line with its dedication to serve the needy, 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.
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.”
Engaging in numerous philanthropic activities, Sobha Group has made generous contributions for noble causes across the globe, benefitting numerous individuals. Various charitable initiatives have been launched by the company to significantly improve the socioeconomic and educational level of individuals, promote women empowerment, enhance healthcare for the elderly and those in need, and increase access to education, particularly for girls.
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