Sobha developers have sales target of Rs 2000 crore
Bangalore based real estate developer Sobha Developer has set a target of Rs 2000 crore from selling of real estate projects in India.
According to a higher official of Sobha developer, the growth momentum in terms of launching and booking of new projects will continue in the same pace.
In last financial year of 2011-12, Sobha developers has achieved total booking amount of Rs 1700 crore. The new target set by the builder is to sale 3.75 million sq ft of real estate projects across India.
Sobha Developers has so far completed 79 real estate projects and 209 contractual projects in which 38 housing projects are spread over 21 cities and 11 states in India. The total area constructed by Sobha Developers is about 51.8 million sq ft across different locations in India.
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Source: Economic Times
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