Sobha's Q3 sales bookings jump 92% to Rs 751 crore

BY :14

Sobha's Q3 sales bookings jump 92% to Rs 751 crore

NEW DELHI: Realty firm Sobha Ltd's sales bookings increased by 92 per cent to Rs 750.9 crore during the third quarter this fiscal on higher volumes and better average realisation.The Bengaluru-based developer had sold properties worth Rs 390.8 crore in the year ago period.According to an operational update, Sobha sold 9,33,365 sq ft (square feet) area during the third quarter, up 52 per cent from 6,13,652 sq ft in the same period last fiscal.The average price realisation increased to Rs 8,045 per sq ft from Rs 6,369 per sq ft during the period under review.Besides Bengaluru, Sobha has real estate projects in Gurgaon, Chennai, Kochi, Thrissur, Calicut, Coimbatore, Mysore and Pune.During April-December period of this fiscal, Sobha's sales bookings increased by 41 per cent to nearly Rs 2,050 crore compared to Rs 1,455.3 crore in the corresponding period of the previous year.In the first nine months of this fiscal, the

2018.01.07. 11:47 BY :14

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