News for 'Sobha'

Why non- NCR developers are flocking to Gurugram

Why non- NCR developers are flocking to Gurugram

Rediff.com30 Dec 2025

Gurugram, already established as the corporate hub of Delhi-NCR, is increasingly attracting developers from outside the region, drawn by robust end-user demand, premium pricing, and emerging development opportunities.

What's in store for realty sector in 2026? A mixed bag

What's in store for realty sector in 2026? A mixed bag

Rediff.com2 Jan 2026

After three post-pandemic years of an upcycle, it was a mixed bag for the realty sector in 2025, with sales volumes in the residential real estate moderating across top cities, and commercial real estate and institutional investments emerging as standout performers. Residential: Volumes soften, value holds firm.

Real estate developers build a steady quarter even as demand woes bite

Real estate developers build a steady quarter even as demand woes bite

Rediff.com13 Jun 2025

India's top listed real estate developers reported steady growth in Q4FY25, supported by healthy pre-sales, even as earnings reflected signs of moderation amid elevated housing prices and subdued launches.

Why Mumbai, Bengaluru realtors are feeling the heat

Why Mumbai, Bengaluru realtors are feeling the heat

Rediff.com3 Jul 2025

'Every delay directly increases the cost burden on developers. Land holding charges, financing costs, and compliance expenses escalate as approvals drag on.'

Builders from other regions tap into Mumbai's redevelopment market

Builders from other regions tap into Mumbai's redevelopment market

Rediff.com17 Jun 2025

Developers based outside Mumbai are making a beeline for India's largest real estate market through redevelopment projects. These include Delhi-based DLF, Bengaluru-based Prestige Estates and Puravankara, Pune-based Kolte-Patil Developers and Vascon Engineers, and Hyderabad-based Ramky Estates.

Will money in hand from tax breaks spur housing demand?

Will money in hand from tax breaks spur housing demand?

Rediff.com21 Apr 2025

Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.

Yeh Hai India: Aughad Sadhu Ready For Masan Sobha Yatra

Yeh Hai India: Aughad Sadhu Ready For Masan Sobha Yatra

Rediff.com15 Mar 2022

An Aughad sadhu seen during Varanasi Masan Sobha Yatra.

What Our Leaders Were Up To

What Our Leaders Were Up To

Rediff.com3 Jan 2025

Glimpse what our politicians were doing at the beginning of 2025.

'If Nifty Continues To Decline Below 23,000 Mark...'

'If Nifty Continues To Decline Below 23,000 Mark...'

Rediff.com13 Feb 2025

'Selling could further intensify and take the index towards 22,800-22,750 in the near-term.'

Sobha launches Bangalore's first smart homes

Sobha launches Bangalore's first smart homes

Rediff.com26 Mar 2012

These homes aim to provide a safer, more energy efficient and a more convenient environment to live in.

Sobha net falls 52% in FY09

Sobha net falls 52% in FY09

Rediff.com19 May 2009

Real estate company Sobha Developers' net profit has more than halved for the 2009 financial year, as property sales dipped sharply in the country, leading to dropping revenues and profits.

Strong traction from new launches a positive for top realty players

Strong traction from new launches a positive for top realty players

Rediff.com1 Oct 2024

The national real estate market presents an intriguing picture. Lower volumes and flat pricing serve as dampeners. Sales bookings across the top ten markets have seen 6 per cent growth year-on-year (Y-o-Y) between April and August 2024, but sales volume is down 8 per cent Y-o-Y. Unsold inventory is up.

Sobha promoter in billionaire club

Sobha promoter in billionaire club

Rediff.com21 Dec 2006

P N C Menon, chairman of Sobha Developers, joined the billionaire club today, with the market value of his shares in his newly listed company touching Rs 6,135 crore

How Much Have MFs Invested In HDFC Bank?

How Much Have MFs Invested In HDFC Bank?

Rediff.com16 Aug 2024

With a deployment of Rs 2,720 crore in July, MFs' total investment in HDFC Bank in calendar year 2024 (till now) surged to Rs 48,820 crore.

DGCA grounds Bajaj Auto and Sobha Purvankara's aircraft

DGCA grounds Bajaj Auto and Sobha Purvankara's aircraft

Rediff.com30 Apr 2014

Sobha Puravankara is yet to explain to the safety lapses found by the DGCA.

Kerala govt announces township for Wayanad survivors

Kerala govt announces township for Wayanad survivors

Rediff.com3 Aug 2024

The Kerala government on Saturday announced that a township will be established in a secure area to rehabilitate those displaced by the catastrophic landslide that occurred in the Mundakkai region of Wayanad district.

Sobha Hi-tech City to come up in Kochi

Sobha Hi-tech City to come up in Kochi

Rediff.com22 Aug 2007

To invest Rs 5000 cr in the project.

Real estate stocks strategy: Do not cash out fully, say analysts

Real estate stocks strategy: Do not cash out fully, say analysts

Rediff.com11 Jul 2024

The recent blip in housing sales on a quarter-on-quarter (Q-o-Q) basis should not worry investors as the long-term prospects of real estate stocks remain on a strong foundation, according to analysts. In the first half of the calendar year 2024 (H1CY24), realty stocks surged up to 104 per cent. This sharp run should be used to book partial profit in related stocks, suggested Deepak Jasani, head of retail research at HDFC Securities.

Top European fund may invest Rs 300 cr in Sobha

Top European fund may invest Rs 300 cr in Sobha

Rediff.com17 Apr 2009

Redevco, one of Europe's largest real estate investment and development firms, with a $10 billion portfolio, is understood to be looking at investing around Rs 300 crore in various projects of Bangalore-based Sobha Developers.

'Euphoria In SMID Stocks Couldn't Have Lasted Forever'

'Euphoria In SMID Stocks Couldn't Have Lasted Forever'

Rediff.com6 Nov 2024

'Retail investors, who had not seen such a massive correction in the SMID universe since COVID-19, are witnessing something like this for the first time. Panic profit booking may continue.'

Look Who Won Big At IIFA Awards!

Look Who Won Big At IIFA Awards!

Rediff.com30 Sep 2024

Film stars and technicians were awarded at the IIFA awards over the weekend, and here are the big winners.

'Central BJP Is Ignorant Of Kerala Politics'

'Central BJP Is Ignorant Of Kerala Politics'

Rediff.com18 Nov 2024

'The Kerala BJP leadership is doing the job of clerical staff. What the boss orders, they just follow them.'

CLSA downgrades select realty stocks. Here's why

CLSA downgrades select realty stocks. Here's why

Rediff.com2 Feb 2024

CLSA has downgraded select real estate stocks and expects most counters from this sector to consolidate in the months ahead after the sharp run seen in them in the last few months. Most positive factors in terms of a pick-up in housing demand and office space absorption, it said, are already priced in. "We expect housing industry demand to grow around 12 per cent in 2024 and for large developers to outpace industry to grow at 15 - 20 per cent.

DLF, Sobha: A good time to buy real estate and related stocks

DLF, Sobha: A good time to buy real estate and related stocks

Rediff.com9 Feb 2021

Analysts, however, suggest investors remain selective on realty stocks and buy only where there is revenue visibility and a credible promoter backing.

Realty stocks' rally may hit valuation hurdle

Realty stocks' rally may hit valuation hurdle

Rediff.com18 Jan 2024

Shares of real estate firms have been outperforming over the past year. The rally, analysts say, may hit roadblocks in the near term amid stretched valuations, even as the long-term prospects for the sector remain ebullient. "Most of the positive news flow is already in the price. Hence, investors sitting on hefty profits may partially cash out at current levels," suggests V K Vijayakumar, chief investment strategist at Geojit Financial Services.

Full list: Modi's New Ministers And Their Portfolios

Full list: Modi's New Ministers And Their Portfolios

Rediff.com10 Jun 2024

Here is the complete list of ministers in Modi 3.0 and their portfolios:

Why are women overlooked by Kerala's ruling, Oppn fronts during polls?

Why are women overlooked by Kerala's ruling, Oppn fronts during polls?

Rediff.com31 Mar 2024

While the major fronts, the CPI-M led LDF and Congress-led UDF have given three and one seat respectively to women, the BJP-led NDA has set aside five seats for their female politicians in the upcoming LS polls.

Robust Q2, demand trends to put out welcome mat for realty stocks

Robust Q2, demand trends to put out welcome mat for realty stocks

Rediff.com16 Oct 2023

The S&P BSE Realty Index has emerged as one of the top-performing sectors, yielding a remarkable 45 per cent return over the past six months. The three leading players, listed by market capitalisation, have substantially enriched investor wealth by 43-70 per cent during this period. If the second quarter (Q2) of 2023-24 (FY24) updates from Macrotech Developers (Lodha) and Sobha, along with industry data for the quarter, serve as any indication, the trend of strong bookings for larger players is expected to continue.

Realty stocks soar on Sebi proposal to formalise fractional ownership

Realty stocks soar on Sebi proposal to formalise fractional ownership

Rediff.com23 May 2023

The BSE Realty index on Monday soared 4.3 per cent-most among the 19-sectoral sub-indices-buoyed by the proposal to formalise fractional ownership of real estate in the country. The Securities and Exchange Board of India (Sebi) on Friday issued a discussion paper proposing to regulate online platforms offering fractional ownership in real estate, a model already popular in countries such as the United States and UAE.

Election 2024: The Big Fights In Kerala

Election 2024: The Big Fights In Kerala

Rediff.com1 Apr 2024

Kerala's election discourse operates surreptitiously. Its explicit face focuses on important national and local issues. At the same time, it seeks to secure apt communal equations to ensure votes, notes Shyam G Menon.

Net debt of top 8 listed realty firms dip 43% to Rs 23,000 cr in last 3 yrs: Anarock

Net debt of top 8 listed realty firms dip 43% to Rs 23,000 cr in last 3 yrs: Anarock

Rediff.com16 Jul 2023

The net debt of top eight realty firms fell 43 per cent to Rs 23,000 crore last fiscal, from around Rs 40,000 crore in 2019-20, as their cash flow improved on strong housing sales, according to Anarock. Real estate consultant Anarock noted that the unfettered demand for housing across the country has enabled the country's leading large and listed developers to reduce their debt. Anarock analysed financial performances of the top eight developers engaged in the development of residential real estate.

Hundreds mourn rape, murder of child in Kerala, demand death for accused

Hundreds mourn rape, murder of child in Kerala, demand death for accused

Rediff.com30 Jul 2023

People, cutting across all ages and from all walks of life, turned up to pay tribute to the child at the school where she was a student till Thursday.

Realty stocks soar on back of robust sales

Realty stocks soar on back of robust sales

Rediff.com11 Apr 2023

The BSE Realty index-a gauge of real estate stocks-rose 4.2 per cent on Monday, extending its two-day advance to 7.8 per cent. The latest gains came on the back of robust sales posted by realty developers in the March quarter of financial year 2022-23 (Q4FY23). On Thursday, the rate-sensitive index had gained 2.9 per cent following the Reserve Bank of India's decision to pause interest rate hikes in its latest monetary policy review.

DLF's Rajiv Singh tops list of wealthiest Indian real estate entrepreneurs

DLF's Rajiv Singh tops list of wealthiest Indian real estate entrepreneurs

Rediff.com23 May 2023

Realty major DLF's chairman Rajiv Singh remains the wealthiest Indian real estate entrepreneur with a wealth of Rs 59,030 crore, according to GROHE-HURUN India. With a wealth of Rs 42,270 crore, Mangal Prabhat Lodha and his family of Mumbai-based Macrotech Developers (Lodha Group) is at the second position. Arjun Menda & family of Bengaluru-based RMZ Corp debuted at the third position on the list, with a wealth of Rs 37,000 crore.

Home prices set for steep 6-10% jump this fiscal

Home prices set for steep 6-10% jump this fiscal

Rediff.com15 Dec 2022

Home prices across the top six cities are set to jump 6-10 per cent this fiscal and 3-5 per cent in the next financial year because of a steep rise in raw material, labour and land costs, and relatively favourable demand-supply dynamics, a report said on Thursday. The report by Crisil also said large residential realtors are on course to log a robust 25 per cent sales growth in 2022-23 and 10-15 per cent in the next fiscal. The unsold inventory level is down to 2.5 years from four years pre-pandemic, and this has credit profile of the large realtors strengthening, the report said.

When India Hosted The First Asian Games

When India Hosted The First Asian Games

Rediff.com23 Sep 2023

Seventy two years ago, a newly independent India ventured to hold the the first Asian Games in Delhi with meager resources.

Is Nitish's hold over administration slipping?

Is Nitish's hold over administration slipping?

Rediff.com4 Apr 2023

This is the first time after Nitish Kumar dumped the BJP in August 2022 that violence has broken out across the state, reports M I Khan.

How can justice for any woman end like this, asks Bilkis Bano

How can justice for any woman end like this, asks Bilkis Bano

Rediff.com18 Aug 2022

Bilkis Bano, a survivor of the 2002 post-Godhra riots in Gujarat, on Wednesday said the premature release of all the 11 convicts serving a life sentence in a case related to her and seven family members, has shaken faith in justice and left her numb.

Ram Navami celebrations marred by deaths of 14 devotees, violence in WB, Maha

Ram Navami celebrations marred by deaths of 14 devotees, violence in WB, Maha

Rediff.com31 Mar 2023

Eleven people died during a havan at Beleshwar Mahadev Jhulelal temple in Madhya Pradesh's Indore after they fell into a well as its cover caved-in under the weight of a huge crowd, while three others got fatally electrocuted during a Ram Navami procession in Rajasthan's Kota.

Realty majors hope to cash in on festivities

Realty majors hope to cash in on festivities

Rediff.com21 Oct 2019

Whether it is DLF in the National Capital Region, or Godrej Properties and Oberoi Realty in Mumbai or Sunteck Realty, Prestige Estates and Sobha Realty in Bengaluru, most top players have launched or lined up a slew of new project launches during this season.