Sobha Limited records 49% growth in sales bookings at Rs 1,000 cr

08 Oct 2021 CW Team

Real estate company Sobha Limited has recorded 49% growth in sales bookings at Rs 1,030.2 crore during the second quarter (Q2) of the fiscal year (FY) 2022 on housing demand. In 2020, the company sold properties worth Rs 689.9 crore.

The company informed that the sales booking volume increased to 13,48,84 sq ft in Q2 in FY22 from 8,91,700 sq ft in Q2 FY21.

The sales bookings of Sobha have increased to Rs 1,713.1 crore during April-September in FY22 from Rs 1,177.6 crore in the same period in FY21.

Overall, in FY 2020-21, the company recorded sales bookings of Rs 3,137.2 crore.

Sobha Ltd said that with this festive season, the company plans new launchings in the next quarter and expects to sustain momentum in the second half (2H) of the fiscal year.

Sobha said that it received the best-ever sales volume at sustainable price realisation in Q2 FY22.

The company said that it achieved good sales numbers in Bengaluru, Gurugram, Pune and Gujarat International Finance Tec-City (GIFT City). Kerala also witnessed improved sales performance in Q1 FY22. The situation could have been better, but for the prolonged period of the Covid-19 pandemic.

Image Source

Also read: Macrotech Developers Q2 FY22 sales: Bookings jump to Rs 2,003 cr

Infrastructure Urban

30 Oct 2025

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors...To read the full article Click Here..

Serene Communities, Prathima Group Invest Rs 4 billion in Hyderabad

Serene Communities by Columbia Pacific, India’s largest senior living operator, has partnered with Prathima Group to develop two senior living projects in Hyderabad, marking its entry into Telangana. The collaboration represents an investment of Rs 4 billion, combining Serene’s international expertise with Prathima’s local development experience. The first project, Serene BILVANI One, launched in Shankarpally, is Hyderabad’s first premium senior living community. Designed for independent and active ageing, it features senior-friendly architecture, barrier-free design, and wellness..

India remains our most important market

Foundamental, the world’s leading venture capital platform focused on the project economy, has launched its third fund to strengthen its presence in India, APAC, and other global markets. Led by Berlin-based Managing Partners Shubhankar Bhattacharya and Patric Hellermann, Fund III aims for a final close by the end of 2025. In an exclusive interaction with CW, Bhattacharya shares insights on the fund’s mandate, India’s role in their strategy, and the opportunities they see in the construction-tech and project-based sectors. Can you briefly explain Fund III’s mandate and how In..