Sobha’s sales bookings rose by 40 per cent to Rs 682.9 crore during the first quarter of this fiscal on better demand for its properties despite the second wave of COVID-19. The company had clocked sales bookings of Rs 487.7 crore in the year-ago period. Achieved total sales volume of 895,539 square feet of super built-up area valued at Rs 6.83 billion. In terms of volume, sales bookings rose to 8,95,539 sq ft in the first quarter of this fiscal, from 6,50,400 sq ft in the corresponding period of 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.
