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State government signs MoU with Sobha Developers in presence of Chief Minister

State government has signed an MoU with Sobha Developers for the development work of 4.5 km stretch at Ahmedabad Sabarmati Riverfront Development Phase-II in the presence of Chief Minister Shri Bhupendra Patel.

An investment of Rs. 1000 crores will be done by Sobha developers for this project in the coming 5 years and the development of this stretch will be carried out by them as well.

Chief Secretary Shri Raj Kumar, Chief Principal Secretary to CM Shri Kailashnathan and Additional Chief Secretary to CM Shri Pankaj Joshi and Principal Secretary of Urban Development Department Shri Ashwani Kumar were present for the occasion.

Source: Information Department, Gujarat