Sobha Limited (formerly Sobha Developers Limited) is an Indian multinational
real estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more genera ...
developer headquartered in
Bangalore, India
Bangalore (), officially Bengaluru (), is the capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan population of around , making it the third most populous city and fifth most ...
History
SOBHA Limited was founded on 7 August 1995 by
P.N.C. Menon. The company has also executed projects for some of India's corporate houses, including Infosys, WIPRO, HCL, Dell, Bosch, Biocon, Taj Group of Hotels and ITC Hotels. The company is also planning to invest INR 500 crore residential development in Gujarat International Finance Tec-City (GIFT City).
The company changed its name to "Sobha Limited" on 18th August 2014.
They have achieved growth with backward integration in the construction and
real estate development
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. R ...
business in India. Their long-term performance has been supported by the in-house production of construction items and
furniture
Furniture refers to movable objects intended to support various human activities such as seating (e.g., stools, chairs, and sofas), eating ( tables), storing items, eating and/or working with an item, and sleeping (e.g., beds and hammocks) ...
. The company has a geographic presence in 27 cities in 14 states. Internationally, Sobha Ltd has operations running in
Oman
Oman ( ; ar, عُمَان ' ), officially the Sultanate of Oman ( ar, سلْطنةُ عُمان ), is an Arabian country located in southwestern Asia. It is situated on the southeastern coast of the Arabian Peninsula, and spans the mouth of ...
and
Dubai
Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics ...
as Sobha Realty.
References
{{Reflist
Real estate companies of India
Companies based in Bangalore
Indian companies established in 1995
1995 establishments in Karnataka
Real estate companies established in 1995
Companies listed on the National Stock Exchange of India
Companies listed on the Bombay Stock Exchange