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MoneyWorks4Me

Sobha acquires 43.13% stake in CVS Techzone LLP

10 Sep 2020 Evaluate

Sobha has contributed Rs 35,87,972 (43.13%) in the LLP,CVS Techzone LLP (The LLP), incorporated on September 08, 2020, for development of a Tech park on a joint venture basis. The main object of the LLP is to acquire, promote, develop and improve of Software Technology Parks, Industrial Parks etc.

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.

Peers
Company Name CMP
Lodha Developers 1157.40
Prestige EstatesProj 1612.25
Dilip Buildcon 392.80
DLF 742.30
Oberoi Realty 1716.05
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