NBR Developers
Citiescities-arrow
  • more-arrow-down
    • Please wait while loading other cities loading...

Sobha Developers announces projects covering 11 million Square feet

  • No. 1 Property Portal in India
  • Over 25 Lakhs Apartments and More
  • Post Free Residential Properties in India
  • Find Property in Bangalore
  • Buy/Sell/Rent Apartments in India
  • Search Latest Residential Property in India
  • Get Free Alerts on Property Requirements
  • Find Agents/Buyers for your Property
mobile-ad
According to the sources available to www.propertykhazana.com, Sobha Developers proposed to build up over11 Million Sq.Ft by this economic year at an expected cost of Rs. 2,500 Crores and the major Banks have extended its support for some of these ventures. J C Sharma Managing Director of Sobha Developers said that, “Our auctions understanding in 2010-11 had crossed to Rs. 1,000 Crores with an average of over Rs. 4,000 per Sq.ft; we have created an optimistic cash flow in the previous economic year, so we are dropping our debt considerably.” Company’s money owing which was Rs. 1,450 Crores at the opening of the last financial year, now it has been dropped to Rs. 1,250 Crores currently and Sharma also told that, “Aim of the debt lessening was done without doing property monetization as much as we estimated to do.”
at present company has a property bank of 2,800 acres, monetized property was for about Rs. 150 Crores in the year 2010-11. The aimed debt equity ratio is 0.5-0.6 for 2011-12 and in the total terms the company is likely to bring it to Rs. 1,000 Crores. In addition to the new openings in the 4 cities Bangalore, Coimbatore, Thrissur and Pune have already been presented and the company is also planning to go into the National Capital Region, Mysore and Chennai. Sharma said that, “We have proposed to give entry to Mysore and NCR at the earliest, as the Chennai opening is scheduled in the coming 2-3 months.” He also stated at the www.propertykhazana.com that, “Company has proposed to built-up 11 Million Sq.Ft and over 90% will be in the housing sector. In this regard, the company is in talks with the banks for the financial support and is at the final stages. With these new openings Sharma has been anticipating a good development in 2011-12, company’s auctions has gone up to 50% during the last economic session and has given rise to the new ways.
Source: NIMMA BENGALURU

Property Listings

Apartments, Flats and Property for Sale in Bangalore

Sep 21, 2016
http://www.mahaveerzephyr.contact-us-now.com Mahaveer Zephyr is a residential development of Mahaveer Group. It is located off Bannerghatta Road,..
Sep 16, 2016
http://www.salarpuriasattvaopus.contact-us-now.com Salarpuria Sattva Opus has pre- launched Bangalore a Premium Gated Community Residential..
Sep 14, 2016
Goyal Orchid Whitefield project is spread across 7 acres of land and it offers 1, 2, 2.5 & 3 BHK housing apartments with comfortable..
Sep 08, 2016
For Sale: Newly const. 2 bhk. Area: 1272 sft. Level: F/Floor Car Park: 1 slot. Price: 1.05 Cr. Incl. 1 Car park & deposits..
Aug 30, 2016
http://www.codenamefiverings.contact-us-now.com Codename five rings is brand new venture of developer, nicely instituted at Sarjapur in Bangalore,..
Aug 29, 2016
http://www.legacyestilo.contact-us-now.com Legacy Estilo Bangalore offers 1, 3 and 4 BHK apartments for buyers and consists of 58 units in all...
Aug 24, 2016
http://www.peninsulaheights.contact-us-now.com Peninsula Land is now in Bengaluru, with a luxurious gated residential complex “Peninsula..
Aug 22, 2016
http://www.legacycelino.contact-us-now.com Legacy Celino is located in Thanisandra, Hebbal to Airport in Bangalore. Legacy Celino is currently a..
Aug 16, 2016
Bhadra Legacy is a modern luxurious living space at a premium location of Bangalore, MG Road. The 19 super luxurious apartments offers a..
Aug 11, 2016
http://www.godrej17.contact-us-now.com Godrej 17 brings to the market a wide range of apartments for families of all sizes at an affordable price..
spacer

Apartments, Flats and Property for Rent in Bangalore

Sep 16, 2016
Fully furnished Flat for Rent at Cookes Town ( Lloyd Road) 3 BHK with Car Parking, Lift, Power Back up, 24hrs water, Good Location with all..
Jul 25, 2016
The House available for Rent is in the First floor The locality of house is Near Koramangala and Outer Ring Road House No. 12, 19thA Cross, Near..
Jul 02, 2016
Flat for Rent at Cookes Town 2 BHK with car parking 24hrs water, Lift, Power Back up, Good Location with all Basic Fecilities. Rent0..
May 28, 2016
A spacious 3 Bedroom flat is available for Rent in Kadugodi, Bangalore. It is located on the 2 Floor. It has a covered area of 1650 Sq-ft. The..
May 24, 2016
2bhk ready to move closer too all basic needs closer to all IT CO. very good and safe..
May 02, 2016
Flat for Rent at M.G Road (Vittal Mallya Road ) 2 BHK Ground Floor Built up - 1340 sq feet, North Facing 24hrs water, Lift, Power back up, Good..
Apr 28, 2016
New Flat for Rent at Frazer Town 2 BHk with car parking Lift, power back up,24hrs water Good Location with all Basic Fecilities, Rent..
Apr 12, 2016
3bhk Pent House For Rent in Akme Ballet Apartment For 52k Call SAIF Size: 3BHK (2300sft) Area: Outer Ring Road, Dodda Nekundi, Bangalore Land..
Mar 19, 2016
Rs20000 / 2br - 1100m2 - 2 BHK house for rent (kundanhalli..
Mar 18, 2016
*SPACIOUS FLAT WITH EXCELLENT DAY LIGHT( NATURAL LIGHT) AND AIR CIRCULATION * Furnished with Sofa set, TV cabinet , Double bed , Exhaust Fans,..
spacer
spacer
spacer
spacer
spacer