Q:Hi,Most of the company reported that a marginal rise in the net profit for the second quarter ended September, 2014 and the silent market continues for the real estate player.
Latest Answer: And the Bangalore-based Sobha Developers reported a 5% rise in its consolidated net profit at Rs 59.5 crore. Sobha's Vice Chairman and Managing Director told that there was a recovery in the real estate sector. He added that the governments step to introduce REITs, and easing of FDI rules would be a sign of good for the realty sector.
