Sobha's Pre-sales Surge 28% in FY24

Sobha Limited, one of India's leading real estate developers, has reported a substantial 28% increase in pre-sales during the fiscal year 2024. This surge in pre-sales reflects strong demand for Sobha's projects amidst favourable market conditions and increasing consumer confidence in the real estate sector. The rise in pre-sales is attributed to Sobha's strategic focus on delivering high-quality residential and commercial developments that resonate with buyers. Additionally, the company's robust sales and marketing efforts have effectively showcased its projects and attracted discerning customers seeking premium living and working spaces. Sobha's performance in pre-sales underscores its commitment to excellence and innovation in real estate development. By consistently delivering projects that exceed customer expectations, the company has solidified its position as a trusted brand in the Indian real estate market. The positive momentum in pre-sales bodes well for Sobha's future growth prospects and underscores the resilience of the real estate sector despite challenges posed by the COVID-19 pandemic. With a strong pipeline of projects and a focus on customer-centric strategies, Sobha is well-positioned to capitalise on emerging opportunities and continue its trajectory of success in the Indian real estate market.