Sobha has reported record sales bookings of Rs 3,137 crore during the 2020-21 financial year despite the COVID-19 pandemic. Its sales bookings stood at Rs 2,880.6 crore in FY20. Total sales value achieved during FY21 is the highest ever in the history of the company.
Despite of COVID-19 impact during Q1FY21, Gurugram, Kochi, Thrissur and Pune have surpassed their sales performance as compared to FY19-20. Excluding Bengaluru, other regions total contribution to overall sales volume and value is the highest in the history of the company. In the fourth quarter of FY21, sales bookings grew 54 percent to Rs 1,072 crore from Rs 694.5 crore in the previous year.
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.
