Bangalore based Sobha Developers Ltd has announced that the Company has received a Letter of Intent (LOI) from Continental Devices India Ltd (CONTEL) to construct its "Bella Vista" Shopping Mall & Hotel Project in Panchkula, Haryana.

The scope of work comprises of its civil, finishing, interiors and glazing works.

The total value of the work is about Rs 13.33 crores.

CONTEL is a new corporate client added to the Company's existing contractual client base.
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