Most Admired Builders - Sobha Ltd

¨Follow ´passion at work´ to ensure customer and investor satisfaction by going beyond the call of duty to consistently deliver a stable performance.¨ JC Sharma Vice Chairman & Managing Director Transforming the way people perceive quality is its vision. And Sobha Ltd has used this imperative to expand its footprint across 24 cities and 13 states in India. With three decades of experience in creating resplendent interiors of palaces and masterpieces in the Middle East, today, the Rs 23-billion company is probably the only backward integrated real estate player in India. (Backward integration includes an interiors division, a metal works and glazing factory, and a concrete products factory.) There´s so much more that makes Sobha Ltd a true achiever. Consider this: As of June 30, 2014, the company completed 94 real estate projects and 251 contractual projects spanning about 65.18 million sq ft. Coming up next, the company has 47 ongoing residential projects aggregating 29.41 million sq ft of developable area and 29 ongoing contractual projects aggregating 8.76 million sq ft of area. Guided by PNC Menon, Chairman Emeritus, and Ravi Menon, Chairman, at the helm of the company, JC Sharma, Vice Chairman & Managing Director, Sobha Ltd, has been a true leader with his continued focus on the big picture combined with his down-to-earth attitude. What´s more, Sharma was instrumental in leading the IPO of the company in 2006, an event that created history when the issue was oversubscribed by a record 126 times! Further, a process-driven organisation, Sobha Ltd is among the first companies in the industry to obtain the ISO 9001 certification. It has also received the OHSAS 18001:2007 and ISO14001:2004 certifications for environmental, health and safety management systems. Having diversified into the retail business with spring mattresses under the brand name Sobha Restoplus, the company believes that for the overall well-being of society, comprehensive and sustainable development of rural India is a must. That apart, it is evident to one and all that what began as a small enterprise in Bengaluru two decades ago is now a powerhouse. Cheers to that! Antony Parokaran, CEO, Schindler India Pvt Ltd ´Having worked together for the past six years, the transparent processes and good governance practices of Sobha Ltd make it a delightful experience each time we engage with the company. One of the most quality conscious organisations I have come across, it does not just work towards complete satisfaction of customers but is also considerate about all stakeholders, be it suppliers or investors.´ Vivek Menon, CEO, Invicus Engineering India Pvt Ltd ´Starting with Sobha City in Thrissur, we have worked together for seven years now. Sobha Ltd can clearly define the way communities look and feel. I have worked on three projects with them and the vision has always been to set benchmarks and standards in construction quality. For every 800,000 sq ft, they rope in a German engineer. The reason, according to PNC Menon, is that Germans will never compromise. This is what sets Sobha apart.´