Sobha's Pre-sales Surge 28% in FY24

11 Apr 2024 CW Team

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.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..