Ravi Menon has been announced as Co-Chairman of Sobha Realty. In his new role, he will be responsible for overseeing the operations of the several companies under the Sobha group, alongside his father, PNC Menon, Founder and Chairman of Sobha Realty.
Following a 20-year stint at Sobha India, Menon join’s the firm in a leadership role in Dubai, with an aim to boost the ongoing developments of the company.
“Dubai is primed for significant growth in the real estate sector, and it gives me great pleasure to be appointed as the Co-Chairman of Sobha Realty during this new era of development. The real estate market in Dubai is proving to be a key attraction for investors from across the globe, and we are certain that we can continue to transform the sector by setting higher benchmarks in the premium real estate segment. At a time when the real estate is witnessing an exponential growth, I am committed to advancing the company’s growth trajectory, and will be dedicated to upholding the core values of Sobha Realty,” said Menon.
In late November 2022, Sobha Realty unveiled a new interconnected tower development in Dubai and, in late February 2023, it launched Verde by Sobha in Dubai’s JLT district.
According to the developer, Menon is a Civil Engineering graduate from Purdue University in the United States and joined Sobha India as Director in June 2004. Since then, he has contributed to the development of the organisation and defining its success path. After his initial stint, he was appointed Vice Chairman of Sobha India in January 2006, following which he was appointed Chairman of Sobha India in 2012.
He has been in the leadership team of Sobha India for nearly 20 years, and during the time, he has enabled the business to diversify its product lines and expand its horizons. Under his direction, the organisation has strengthened its reputation for on-time delivery and achieving high global quality standards, a statement from the developer said.
Ravi Menon shares the same commitment for community development as his father. He aims to take Sobha Realty to greater heights of sustainable real estate development and is committed to ensuring that the organisation actively contributes time and resources to the inclusive growth of society, the statement concluded.
In early March 2023, the developer said it had completed its Waves tower project.