Sobha

It recently agreed with a builder in Delhi to build one million feet in Badarpur Delhi, and at the same time, negotiates with another builder to build 1.73 million feet in Gurgaon.

Bangalore-based Sobha Ltd said it will invest up to $ 10,000 in Delhi and Gurgaon to build 2.76 feet, to increase its presence in Delhi-NCR

It recently agreed with a builder in Delhi to build one million feet in Badarpur Delhi, and at the same time, negotiates with another builder to build 1.73 million feet in Gurgaon.

The company refused to release the names of the developers.

The company plans to save on construction costs of 4 square meters to measure revenue and demand

“Recurring illnesses and robust solutions have opened up many businesses like ours. We’re trying to improve our existing services by expanding our existing technology. We can find customers,” he said. by JC Sharma, Vice President and CEO, SOBHA Limited.

Sharma said they are looking at a joint promotion in NCR, where land acquisition should not be expensive.

Sobha Q2 ltd Q2 results show that the company reached a total sales of 8, 91,700 square feet worth 6.90 billion feet, with an average value of 7,737 feet.

“Some of our host cities like Gurugram, Kochi, Thrissur, and Chennai, have shown strong performance this quarter. FY 20-21,” Sharma said.

Construction projects currently under construction with 38.52 million feet of 24.81 million feet of commercial space, and projects under construction with 9.48 million feet under separate construction.

As a project in Q2, Sobha spent 1.56 million Gurgaon feet and is currently building 10 and a half million feet.

“Sobha recently signed a development agreement to upgrade Gurgaon’s 1.73 million square feet, which is not part of a city making lasting improvements. Then, in the Delhi project, there will be almost $ 1,000, including ground money, “said an industry expert.

As far as digital calls are concerned, the price of Rs.7737 per foot found in Q2 FY2021 is the highest price the company has seen reach in the last five quarters.

“As a company, we expect the opening of a new 14.22 million foot training in Bangalore, Gurgaon, Delhi, Chennai, Hosur, Thrissur, Gift City, and Hyderabad, and 0.36 million business units in Bangalore at that time.

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