Sobha (company)

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Sobha Limited
TypePublic
IndustryReal estate development, construction
FounderPNC Menon
(Chairman Emeritus)
Headquarters
Key people
Ravi Menon (Chairman)
J. C. Sharma (VC & MD)
RevenueDecrease 2,190.40 crore (US$270 million) (2021)
Decrease 676.39 crore (US$85 million) (2021)
Decrease 62.27 crore (US$7.8 million) (2021)
Total assetsIncrease 11,208.25 crore (US$1.4 billion) (2021)
Total equityDecrease 2,427.74 crore (US$300 million) (2021)
Number of employees
3000+ (2021)
Websitewww.sobha.com

Sobha Limited (formerly Sobha Developers Limited) is an Indian multinational real estate developer headquartered in Bangalore, India[1]

History

SOBHA Limited was founded on 7 August 1995 by P.N.C. Menon.[2] The company has also executed projects for some of India's corporate houses, including Infosys, WIPRO, HCL, Dell, Bosch, Biocon, Taj Group of Hotels and ITC Hotels.[3] The company is also planning to invest INR 500 crore residential development in Gujarat International Finance Tec-City (GIFT City).[4][5][6]

The company changed its name to "Sobha Limited" on 18th August 2014.[7]

They have achieved growth with backward integration in the construction and real estate development business in India.[8] Their long-term performance has been supported by the in-house production of construction items and furniture. The company has a geographic presence in 27 cities in 14 states.[9] Internationally, Sobha Ltd has operations running in Oman and Dubai[10][11][12] as Sobha Realty.

References

  1. ^ "Sobha Developers Company Facts". Moneycontrol. Retrieved 25 June 2013.{{cite news}}: CS1 maint: url-status (link)
  2. ^ "Sobha: Reports, Company History, Directors Report, Chairman's Speech, Auditors Report of SOBHA – NDTVProfit.com". profit.ndtv.com. NDTV Profit. Retrieved 27 January 2016.
  3. ^ Akhtar, Nadeem. "P.N.C. Menon, Founder and Chairman Emeritus of SOBHA Limited". www.nbmcw.com. Retrieved 25 April 2016.
  4. ^ "Sobha to invest Rs 500 cr on housing project at GIFT City – Times of India". The Times of India. Retrieved 22 August 2018.
  5. ^ "Sobha forays into Gujarat with Rs 500 cr investment in GIFT City". @businessline. Retrieved 22 August 2018.
  6. ^ "Sobha to invest Rs 500 cr on housing project at GIFT City". India Today. Retrieved 22 August 2018.
  7. ^ "Change in Name of the Company from "Sobha Developers Ltd" to "Sobha Ltd"". thehindubusinessline. thehindubusinessline.com. 19 August 2014. Retrieved 30 September 2015.
  8. ^ "Sobha Developers Real Estate company in India". Karnataka.com. Retrieved 25 June 2013.{{cite news}}: CS1 maint: url-status (link)
  9. ^ "Sobha Developers Company Locations". Magic Bricks. Retrieved 2 July 2020.{{cite news}}: CS1 maint: url-status (link)
  10. ^ "Sobha city Project". khaleej Times. Retrieved 6 February 2012.{{cite news}}: CS1 maint: url-status (link)
  11. ^ "India's Sobha Developers Meydan Dubai Project". Gulf News. Retrieved 29 June 2013.{{cite news}}: CS1 maint: url-status (link)
  12. ^ "Sobha Ltd Q3 profit rises marginally". 12 February 2015. Retrieved 18 February 2015.

[[Category:Real estate : Sobha City Gurgaon ]]