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Puravankara sells 50% stake in Kochi proj to Sobha for Rs 326 cr

Realty firm Puravankara Projects Ltd has sold 50 percent stake in its upcoming project at Kochi to Sobha Developers for Rs 326 crore.

Sobha's sales bookings rise 6% in FY14 to Rs 2,343 crore

The company expressed confidence its sales performance would improve in 2014-15.

Sobha's Q3 sales bookings fall by 6% to Rs 502 crore

Realty firm Sobha Developers' sales bookings fell by 6 percent in the third quarter ended December 2013 to Rs 502.3 crore due to lower sales volumes because of a slowdown in the real estate market.

Sobha Developers says IT authorities verify books of accounts

Real estate firm Sobha Developers on Friday said that income tax officials have carried out a routine verification of its accounts.

Sobha H1 sales bookings up 23% to Rs 1,235 cr

The company sold 1.92 million sq ft area during April-September period of 2013-14.

After Premji, Sobha group founder to give 50% of fortune to charity: Report

PNC Menon, the founder of Sobha Group of Companies, with an estimated fortune of USD 600 million plans to give half of his personal wealth to charity, a news report says.

Sobha sales booking in Q1 up 58% at Rs 479 crore

Real estate firm Sobha Developers reported 58 percent rise in sales booking during the first quarter of this fiscal at Rs 479 crore on the back of higher realisation and more volumes.

Sobha Developers Q1 net profit soars 73%

Sobha Developers on Tuesday reported 73.08 per cent increase in consolidated net profit at Rs 45 crore for the first quarter ended June 30.

Sobha Q1 property sales up by 58% at nearly Rs 480 crore

Bangalore-based realty firm Sobha Developers on Friday said it has sold properties worth Rs 479 crore in the first quarter of this fiscal, up by 58 percent from the year-ago period.

Sobha Developers appoints Ravi Menon as chairman

Ravi Menon was appointed Chairman of Sobha Developers by the real estate company's board of directors at their meeting here on Saturday.