Sobha is reportedly planning to spend Rs 3,000 crore in construction cost to build 7-10 million square feet in four to six quarters. Some projects are owned by the company and few are joint development.
Constructions are for apartments and villa development and launches are spread across Bengaluru, Kochi, Pune, Chennai, Thrissur, Kozhikode and Gurugram. Moreover, the company is planning at least two more project launches this quarter itself.
Sobha is one of the fastest growing and foremost backward integrated real estate players in the country. It primarily focuses on residential and contractual projects.
