Sobha Ltd was founded in the year 1995 by P N C Menon, he was acclaimed for quality interiors and construction since 1977. His intuition and business sense buttressed with the exhilaration of returning to his homeland led him to believe that he could make Quality the key differentiator between his proposed venture and other construction companies. Over the intervening years this vision continues to be the bedrock of all endeavours. Sobha is one of the largest and only backward integrated company in the construction arena.
Since its inception Sobha’s reputation is built on rock solid values, benchmark quality standards, uncompromising business ethos, focused customer centric approach, robust engineering, in-house Research and development and transparency in all spheres of conducting business, which have contributed in making Sobha a preferred real estate brand in both residential and commercial segments. This was emphatically endorsed during its IPO in 2006 when the issue was oversubscribed by 126 times that created history, being the first event of its kind in Indian capital markets. The company has gone from strength to strength beginning with the first residential project in Bangalore in 1997. An industry leader in Bangalore, Karnataka, contractual projects have also been constructed in Kerala, Andhra Pradesh, Orissa, Tamil Nadu, Punjab, Harayana and Maharashtra.
The Company is engaged in the business of construction and real estate development, development and management of commercial premises and related activities.
Chairman, PNC Menon was awarded the prestigious Pravasi Bharatiya Samman Puraskar by the President of India, Pratibha Patil.
The Pravasi Bharatiya Samman Puraskar is conferred in recognition for their excellence in various fields.
Builders Association of India, Pune Centre has awarded the Best of the Best Award for the Employee Care Centre (ECC), Infosys Technologies Limited, Hinjewadi, Pune under the Well Built Structure Competition, 2008.
Construction World recognized the Company as one of India’s’ Top 10 Builders’ at Construction World Architect & Builder Awards, 2008 in Mumbai.
2009-10
Sobha Developers has been recognized time and again by different public and private institutions for its quality of work and variety of other initiatives.
During 2009-10, Sobha was acknowledged in the areas of value engineering, architecture and design, corporate communications, and safety practices.
The Company was awarded the Prof. Vasanth Rao Trophy in recognition of being the second best company practicing Value Engineering in India by the Indian Value Engineering Society for the financial year 2008-2009.
Sobha received a Special Mention for its project ‘The Terminal Building - Bangalore Infosys Food Court’ in the Recreational Architecture category of Architecture + Design & Spectrum Foundation Architecture Awards 2009.
Sobha was felicitated with the 'Most Outstanding Structure built in Pune' for the construction of Food Court - 3 at Infosys Technologies Ltd., Pune, by the Indian Concrete Institute (ICI).
Its Thrissur project, Sobha Malachite, bagged the Runners-up Award for the 'Best Luxury Residential Project (South)' by Zee Business - RICS Real Estate Awards 2011.
It won the 'Best Development Award' for the construction of the Infosys Global Education Center- II by Business India Exhibitions and Inside Outside Magazine.
Sobha was honoured by the League of American Communications Professionals (LACP).
At the 2010 LACP Vision Awards, the Company, for its annual report titled 'Details Make the Difference,' won a Silver Award for excellence within the industry (Real Estate) World-wide, a Bronze Award for the 'Best In-House Annual Report in Asia-Pacific Region', and Sobha's annual report was ranked 35 in the 'Top 50 Annual Reports' in the Asia-Pacific Region.
Sobha won two more prestigious awards for its annual report. They include a 'PRCI Silver Award' by PRCI and a 'Bronze Award' by ABCI.
SOBHA was awarded with the Best CSR Activity of the Year award at the Construction Times Builders Award 2015.
Sobha Garnet, the super luxury project in Pune won the Residential Property of the Year (West) and International City, the Company’s fi nest integrated township project in Gurgaon won the Villa project of the Year (North) award at Realty Plus Conclave and Excellence Awards 2015 respectively.
SOBHA bagged prestigious awards at the Realty Plus Conclave and Excellence Awards 2015 for the South region.
SOBHA was recognised as one of Bangalore’s top 15 brands in the large organization category by One India.
SOBHA was ranked as the Top Real Estate Company in Public Perception across India using different parameters like financial stability, execution capability, timely delivery, aspirational value, user experience, appreciation potential, transport deals, recall value, media perception and consumer connect.
1995: Sobha Limited incorporated.
1997: Launch of first residential project, SOBHA Sapphire in Bangalore and launch of the first plotted development, Harishree gardens in Coimbatore.
1998: First real estate company to obtain ISO 9001 (1994 series) certification.
1999: First residential project, SOBHA Sapphire in Bangalore is completed and handed over.
2000: Commencement of contraction of first contractual project, the Corporate Block for Infosys Technologies, Bangalore.
2001: Completion and handover of Infosys project at Mysore.
2003: Sobha training academy established.
2004: ISO 9001 (2000 series) certification obtained.
2005: Commercial operation of fully automated concrete products division commences.
2006: Certificate of DA 1 rating by CRISIL. Change of status from Private to Public. Raised 570 crore through IPO, Issue oversubscribed by a record 127 times.
2007: Launch of Kerala's first integrated township project, SOBHA City in Thrissur, Kerala. Launch of the first residential project at Pune, 'SOBHA Carnation'.
2008: Launch of first residential project in Coimbatore, 'SOBHA Emerald'
2009: Cretified as compliant towards the International standards for Environment Management System (ISO 14001:2004) and Occupational Health Safety Assessment Series (OHSAS 18001:2007).
2010: Sobha’s contracts business expands to include prestigious clients like Wonderla Holiday’s, Trident Hotels, ITC, Biocon, and Leela Ventures.
2010: Become the first Rs 10 billion real estate brand in South India.
2011: Launch of the first plotted development at Mysore, ‘Sobha Garden’.
2011: Launch of the first residential project in the NCR-Gurgaon Region, International city.
2012: Achieved a net worth of Rs 20 billion.
2012: Launched 10.45 million sq. ft. of new projects across 6 cities – a record and achieves a net worth of 20 billion.
2012: Voted by consumers as the ‘Most Reliable Builder’ at the CNBC Awaaz Real Estate Awards.
2013: Awarded as the top Indian real estate company by Dun & Bradstreet.
2014: Sobha honored as a Global Growth Company by the World Economic Forum.
2015: Sobha forays into the commercial segment (retail space leasing) in India with the launch of ‘Sobha City Mall’ in Thrissur, Kerala.
2015: Sobha forays into a new segment in housing - ‘Sobha Dream Series’.
2016: NSE in association with Institutional Investor Advisory (IiAS) has rated Sobha as having one of the best disclosures in India.
2017: Sobha honoured with CARE Awards 2017 in the category of ‘Best CSR activity’ by CREDAI Karnataka.
2018: As of December 31, 2018, Sobha has completed real estate and contractual projects covering about 100.31 million square feet of development area.
2018: Sobha tops the list of real estate brands that are most trustworthy and worth investing, in today’s Indian market in the first ever India Investment Report 20:20 by Track2Realty.
2019: ‘Most Trusted Real Estate Brand 2018-19 - Customer Choice’ by Common Floor.
2019: ‘Best Residential Project - Luxury Segment’ award in North Zone by CNBC-Awaaz.
2020: Sobha Tops National Ranking in Global Buyer Report 2020 by Track2Realty.
2020: Sobha featured in the list of the 500 high-growth companies in APAC region by Financial Times.
