Hotline: 1800 102 2007
Hotline: 1800 102 2007
May, 21 2019

Real Estate Firm Sobha Collaborates with Metercube to Enter the Furniture Business

The collaboration will be looking to offer an array of furniture and home furnishings.

Real Estate Firm Sobha Collaborates with Metercube to Enter the Furniture Business

Real estate firm, Sobha recently announced its collaboration with Metercube to invade the Indian furniture industry. The collaboration will be looking to offer an array of furniture and home furnishings. Sobha’s first experience center has already been established in Bengaluru that is spread in over 3,000 square feet.

The center features dining tables, chairs, sofa frames, coffee tables, bookshelves, and entertainment cabinets, among other things.

J C Sharma, Managing Director and Vice-Chairman, Sobha says, “We will roll out more Metercubes in a hub-and-spoke model first in Bengaluru, then potentially across other cities and will cater to all kinds of customers and not just those who buy flats from Sobha.”

Sobha’s wood factory for the interior division is spread over 325,000 sq ft which employs over 1,000 people. The factory produces wardrobes, doors, and interior fit outs. In fact, this is where most of the Metercube’s products will be made to start with. Currently, Socha is selling around 3,000 flats a year with an average price of Rs 1 crore.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • About: Founded by Ms Indu in 2017 It was incepted with the..
    Locations looking for expansion Haryana
    Establishment year 2017
    Franchising Launch Date 2020
    Investment size Rs. 10000 - 50000
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Faridabad Haryana
  • Tea And Coffee Chain
    Format Investment Brand Fee Space Staff Exp. Monthly Sales Pro..
    Locations looking for expansion Gujarat
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 700
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gandhinagar Gujarat
  • Healthcare Products
    HEALZEST VENDCON PRIVATE LIMITED (formerly ZEST VENDCON) (HVPL) was established..
    Locations looking for expansion Haryana
    Establishment year 2019
    Franchising Launch Date 2020
    Investment size Rs. 10000 - 50000
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Others Food Service
    About Us: Happy Moments was founded in 2016. The partners of..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Kandivali west Maharashtra
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities