Sobha Developers Ltd
Due to lower volumes and lower realisations, realty firm Sobha Developers’ sales booking declined 20 % to Rs 482.2 crore during the first quarter of this fiscal. In the same quarter of last fiscal, its sales bookings stood at Rs 602.8 crore. In an operational update, Bangalore-based Sobha Developers said the sales volume dropped to 754,000 [...] Continue Reading »
A luxury residential project has been launched by the Sobha Developers in Bangalore. The name of this project shall be called Sobha Valley View. It is found in the heart of Bangalore, in a residential community that is old. JC Sharma who happens to be the vice chairman of Sobha Developers has recently said that [...] Continue Reading »
Bangalore- A two-day property expo is being held by the Times of India Group on February 16th and 17th at The Lalit Ashok in Kumara Krupa Road, Bangalore. The property exhibition, ‘Grihapravesh – 2013′ is expected to end the house-hunt of many buyers. Renowned developers including Sobha Developers Ltd, Artha, RMZ Homes (RMZ CORP), Sattva [...] Continue Reading »
Sobha Developers Ltd posted a 73 per cent rise in net profit to Rs.45 crore for the June quarter. It sold 25 per cent more space at sharply higher prices in its key market Bangalore. Revenue rose 57 per cent over a year ago to Rs.433.2 crore. The realty firm sold 835,600 sq ft. of [...] Continue Reading »
Analysts have commented that the Real estate firms are expected to have had a lackluster in the June quarter with lesser profit due to tighter margins and higher inputs costs compared to the previous year. Firms are expected to show downfall in their profit, including big players like DLF Ltd. Bangalore based developers seem to [...] Continue Reading »
The developers and builders of luxury apartment projects and houses are finding it tough to push their sales! It’s right now the mid-segment properties which are ruling over proving pretty good sales! The prices of properties of midsegment houses have raised with the increase in demand and the same has been declined for luxury apartments! [...] Continue Reading »
