Sobha sets decent base for FY27 with record Q1 bookings
New Delhi, July 6 -- Realty firm Sobha's pre-sales or bookings in the June quarter (Q1FY27) rose by over 70% each, sequentially and year-on-year, to Rs.3,656 crore-the highest ever quarterly figure and ahead of analysts' expectations. Strong customer response to new launches, including the much-awaited Hoskote luxury project, Sobha OneWorld, drove bookings. Located in East Bengaluru, this 47.4-acre luxury residential project has a gross development value (GDV), or revenue potential, of Rs.7,500 crore. Sacred Grove in Bengaluru and Sobha Crescent, another luxury residential offering with revenue potential of Rs.2,200 crore, were unveiled in Q1FY27. Overall, Sobha launched 6.89 million square feet (msf) of saleable area across these three p...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.