Sobha's Pre-sales Surge 28% in FY24
ECONOMY & POLICY

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.

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.

Next Story
Infrastructure Urban

Aadhaar Authentications Cross 27 Billion in FY25

Aadhaar authentication transactions surged past 27.07 billion in FY 2024–25, including 2.47 billion in March alone, reflecting its growing adoption across sectors such as banking, finance, telecom, and public service delivery. Since its inception, the cumulative number of Aadhaar authentication transactions has exceeded 148 billion.The Unique Identification Authority of India’s (UIDAI) AI/ML-based face authentication technology is also witnessing a sharp rise in usage. In March 2025 alone, over 150 million face authentication transactions were recorded. This biometric modality is now used ..

Next Story
Infrastructure Urban

IEPFA Holds Preparatory Meet for 'Niveshak Shivir' Initiative

The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, Government of India, hosted a preparatory meeting on April 28, 2025, with Nodal Officers from stakeholder companies via video conference. The session, chaired by IEPFA CEO Smt. Anita Shah Akella, focused on finalising operational plans for the upcoming ""Niveshak Shivir"" initiative—a joint effort between IEPFA and the Securities and Exchange Board of India (SEBI).""Niveshak Shivir"" aims to improve investor services and streamline the claims process by reaching out to cities with a high nu..

Next Story
Infrastructure Urban

India, France Sign Deal for 26 Rafale-Marine Jets for Navy

India and France have signed an Inter-Governmental Agreement (IGA) for the acquisition of 26 Rafale-Marine aircraft for the Indian Navy, comprising 22 single-seater and four twin-seater jets. The deal also includes training systems, simulators, associated equipment, weapons, and performance-based logistics, along with additional equipment for the Indian Air Force’s existing Rafale fleet.The IGA was signed by India’s Defence Minister Rajnath Singh and French Minister of Armed Forces Sébastien Lecornu. The agreement, along with supply protocols for aircraft and weapons, was exchanged in the..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?