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Power 60 Power 60 2018

#15: PNC Menon, Sobha

Sobha Group currently has three ongoing projects which is keeping the developer busy for the next couple of years. Within the UAE, the group is already underway with the Meydan Sobha District One project (a JV with the Meydan Group), Sobha Hartland – which is the flagship $4bn mixed-use project, and the Firdaus Sobha project which is in a JV with the Umm Al Quwain government.

However, the developer is also in talks with the Government of Oman and mulling over a project there, but nothing has been finalised yet. Founder and chairman, PNC Menon, is an Omani citizen and started his legacy from Muscat, Oman and thus has a strong connection with the country.

Menon tells CBNME: “With a legacy and track record of over 42 years, Sobha Realty’s vision is to be the most trusted and respected real estate organisation in the GCC and to continue to transform the way people perceive quality by pioneering innovative projects and exceeding customers’ expectations across core markets. With ultra-premium developments in progress, we continue to set a benchmark in offering world-class bespoke living experience.”

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