Sobha Developers, a real estate firm is reportedly entering into Hyderabad and has set up an office in that city. The Bangalore-based real estate player will also make a foray into three new geographies - Kochi, Kozhikode (Calicut) and Noida/Ghaziabad region in this fiscal. The entity has launched Garnet III, a new realty project in Pune, and its fifth project and has land parcels of 50 acres in Pune in Chandkhed and Sanaswadi.
Sobha has presence in seven cities -- Bangalore, Gurgaon, Chennai, Pune, Coimbatore, Mysore and Thrissur. It has completed 83 projects aggregating to 20.78 million sq ft of saleable area and is presently developing 43 projects with 17.4 million sq ft of saleable area.