Sobha Limited, formerly known as Sobha Developers, is a real estate company in the business of construction, development and sale of several real estate projects.
Image: social media page of company
It is headquartered in Bangalore. It projects include residential areas and housing projects, commercial premises, townships and others. It also carries manufacturing related activities related to interiors. The idea behind this is to provide backward integration to its turnkey projects. Though it involves in other manufacturing related activities its prime focus always remains to be on residential and contractual projects.
The company has successfully been part of over hundred real estate projects and 262 contractual projects spanning nearly 70.6 million square feet of area. The company currently has huge developable and saleable projects on hand spanning about nearly 42 million sq. feet of developable area and 26.5 million sq. feet of saleable area. It has also has contractual projects spanning about 9.31 million sq. feet of area going on presently which are under various stages of construction. The company has its real estate presence in nine cities in India including Bangalore, Chennai, Thissur, Coimbatore, Gurgaon, Pune, Mysore, Cochin and Calicut. It also has its presence in Dubai with its operations running in Oman.
Sobha’s long term growth and performance is achieved with its strategy of backward integration. Its real estate development project business is thoroughly supported by the in-house production of glass works, metal works, glazing materials etc.
Sobha Limited has also been known for its CSR activities. It runs a public charitable trust, the Sri Kurumba Educational and Charitable Trust.