Sobha Developers has registered 6% rise in sales bookings to Rs 2,343 crore in the FY14, on higher realization but missed its target due to the slowdown, especially in the NCR-Gurgaon region. The company had achieved sales bookings of Rs 2,215 crore during 2012-13. At the close of the financial year, the company has registered new sales area of 3.59-million sqft valued at Rs 2,343 crore at an average price realisation of Rs 6,534 per sft.
At the start of the previous financial year, the company had estimated new sales at Rs 2,600 crore and 4.2-million sqft for 2013-14. While the sales value increased by 5.78 per cent, the average price realisation registered a growth of 10.8 per cent year-on-year.
Sobha Developers has presence in seven cities -- Bangalore, Gurgaon, Chennai, Pune, Coimbatore, Mysore and Thrissur. It has completed 83 projects aggregating to 20.78 million sq ft of saleable area and is presently developing 43 projects with 17.4 million sq ft of saleable area.
Company Name | CMP |
---|---|
Dilip Buildcon | 464.00 |
Macrotech Developers | 1243.10 |
NBCC (India) | 138.65 |
Prestige EstatesProj | 1411.95 |
DLF | 895.70 |
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