Real estate company
Sobha Developers reported 58% rise in sales booking during the first quarter of
this fiscal at Rs. 479 crore on the back of higher realisation & more
volumes.
It is targeting sales
value of Rs. 2,000 crore for the
financial year 2012-13, against a sales booking of Rs. 1,701 crore in the last
fiscal.
During April to June
(2012) quarter, sales in volume terms increased by 25% at 0.84 million square
feet as against 0.67 million square feet in the corresponding period of the
last year.
In value terms, the
Sobha Developers recorded a sales booking of Rs. 479 crore during Q1 of 2012-12
against Rs. 303 crore in the year-ago period.
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