Sobha Developers
The trend is Indian real estate market is changing with the days progressing! Technology has taken over the old and intelligent houses replacing it by giving smarter looks and facilities. The main highlight of toady’s concept of housing is more of tech savvy and intelligent. Today’s property buyers are looking for more than four walled [...] Continue Reading »
The market price of Sobha Developers are at a new high. It is more than in years worth of market value. The stock price shows that the market reputation of the Sobha developers are at a good position. The market scenario of real estate in India is so turbulent, that the share price of any [...] Continue Reading »
It is reported that Sobha developers has launched total projects of 10.45 million square feet and sold 3.28 million square feet of properties against the sales target of 3 million sq ft during the financial year 2011-12. In the financial year the builder also entered three new realty market in NCR, Chennai and Mysore. The [...] Continue Reading »
Sobha Developers, a renowned realty group based in Bangalore has entered the Chennai real estate market with two projects. The projects titled, Sobha Merrita and Sobha Serene with a cost of over Rs 400 crore in Kelambakkam and Porur respectively. Sobha Merrita spread across six acres of land, cost around Rs 300 crore. It provides [...] Continue Reading »
Sobha Developers, a Bangalore based real estate developer is eyeing on more revenue in 2011-12. As per report, they are expecting a revenue of Rs 1,500 crore from their sales in the fiscal year 2011-12. The company has already sold 818,935 square feet in the fourth quarter of October- December 2011 at Rs 5,475 per [...] Continue Reading »
Bangalore residential realty market is witnessing new launches every now and then however, raising interest rates has become a major concern. Midst this concern well known developers are confident of meeting targets of 10 million square feet each in FY12. Prestige Group expert say that interest rates may not stay same in future as loans [...] Continue Reading »
The critical issue for realtors over the next 12 months would be to ensure their debt load doesn’t enlarge, especially since fund availability is constrained and many loans are coming up for repayment in this fiscal. In the context, a good traction in sales becomes another crucial imperative. Developers are finding it tough to generate [...] Continue Reading »
The Bruhat Bangalore Mahanagara Palike (BBMP) has finally decided to declare this year’s budget on August 10 after much delay. Ruling party leader of the BBMP Council, B R Nanjundappa said that the budget will be presented on August 10. “We have spoken to the state government. We are also mobilising revenue sources from various [...] Continue Reading »
For the past three years, the BBMP and the BDA have been at loggerheads over the issue of building plan approvals and Occupancy Certificates (OC). The fight intensified after the elected body in the Palike came into being last year. The BBMP Bangalore has drawn up a list of 583 buildings within the BBMP limits, [...] Continue Reading »
