Sobha Limited and Puravankara Limited, in co-ownership, on December 19, 2017, have announced the launch of Marina One – a project offering super luxury waterfront homes in Kochi, Kerala, located in the heart of the city along Marine Drive. Marina One will offer a a 497-metre waterfront, with 1,141 homes in total, with configurations of 3-BHK+study and 4-BHK, ranging from 2,296 sq ft to 3,710 sq ft of super built-up area. The homes will be arranged in a C-shaped design, to offer waterfront views to all the units.
Speaking on the occasion, Ravi Menon, chairman of Sobha Limited said, “Kochi is fast emerging as the commercial and industrial hub of Kerala. Industries, such as tourism, spices, seafood, shipping and international trade, are thriving in the city. The IT and ITeS sector, has also shown remarkable growth towards transforming the city into a key IT hub. This has augmented the demand for luxury housing in the city. Kochi is also among the fastest growing tier-2 cities in India, with a major thrust in the real estate sector, making it a profitable investment option for Indians and NRIs. With Marina One, our aim is to meet the expectations of customers looking for luxury, style and comfortable living.”
Marina One will have an expansive five-acre ‘Urban Park’ at the center of the 16.7-acre property. Other amenities in the Urban Park, will include two large swimming pools, including a 50-metre lap pool, a mini theatre, landscaped parks and walking zones, children’s play area, community spaces and expansive greenery. It will also have a clubhouse, with facilities such as badminton courts, gym, spa, sauna and a convenience store.
Ashish R Puravankara, managing director of Puravankara Limited, added: “We have been upbeat about the Kerala market. A lot of HNI Indians, along with NRIs from the US, UK and Singapore, see Kochi as an investment destination. Kochi too has undergone transformation since the time we started operations here in 2005. The city is now well-connected owing to the metro line and has access to world-class healthcare and educational facilities, which has resulted in the growth of the luxury home market. Marina One is another testimonial to the home buyers’ penchant to invest and settle in ‘God’s own country’.”
Credit for header image: Vinay Fulara