Sobha Developers, Bangalore-based real estate developer, has sold over 0.95 million square feet of new space valued at Rs 527 crore at an average price realization of Rs 5, 575 per square feet for the quarter ended September 30, 2012. With this the company has attained a record milestone in terms of new space sale.
The real estate company aims to achieve space sales of 3.75 million square feet valued at Rs 2,000 crore for FY13. At the end of September, the company had already registered sales of around 1.78 million square feet at a value of around Rs 1,007 crore.