SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Sobha developers sell 0.90 million sq ft of new space in Q3

04 Jan 2013 Evaluate

Sobha developers has sold 0.90 million square feet of new space valued at Rs 5.33 billion at an average price of Rs 5,910 per square feet for the quarter ended December 31, 2012. The quarter witnessed weaker sentiments stemming from a disinclination to make purchase during periods which are believed to be inauspicious as per locally observed traditions and customs.

In spite of the above, this has been the best quarter ever in terms of sales realization in the history of the company. The sales performance achieved during the quarter is from existing projects without any new launches in Q3.

Sobha Developers is an established player in the real estate development and contract construction in Bangalore. The company has executed 61 real estate projects with an overall development of 14.39 million sq ft of built-up area, primarily in Bangalore. On contractual basis, it has completed 173 projects in several states in India covering a total build-up area of 22.98 million sq ft.

Sobha Share Price

1426.05 -23.50 (-1.62%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 965.60
Dilip Buildcon 478.50
DLF 608.40
Oberoi Realty 1703.85
Ahluwalia Contract(I 847.50
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×