Sobha Developers ltd.
With over 35 years of building monarchical palaces as well as luxurious villas and hotels in the Middle-East, Mr. P.N.C. Menon embarked on his entrepreneurial journey in India in the year 1994. In an era, when the construction industry was in its nascent stage, Mr. Menon revolutionised the industry by introducing world-class quality construction at truly affordable prices with focus on timely delivery. He helped shape the future of the real estate sector in India with his eye for detail and his determination to persistently deliver best-in-class products.
The year 2014 marks the completion of 20 years of Mr. Menon's steadfast commitment to excellence. What began as a small enterprise in Bangalore two decades ago, is now a builder extraordinaire – a force to reckon with.
In 2006, we went public through our initial public offering, an event that created history when the issue got oversubscribed by a record 126 times!
Today, we are a Rs. 25 billion company and one of the largest and the only full-fledged backward integrated real estate player in the country. Backward integration model at Sobha includes an interiors division with one of India’s largest woodworking factories, a glazing and metal works factory, and a concrete products factory.
Since inception, we have strived for benchmark quality, customer centric approach, robust engineering, in-house research, uncompromising business ethics, timeless values and transparency in all spheres of business conduct, making Sobha a preferred real estate brand in India.
We are headquartered in Bangalore and we are primarily focused on residential and contractual projects. Our residential projects include presidential villas, row houses, luxury and super luxury apartments, and plotted development complete with foremost amenities. We strongly emphasise on environmental management, rain water harvesting and high safety standards in all our residential projects.
On the contractual front, we have constructed a wide variety of structures for the corporate world including corporate offices, convention centres, software development blocks, multiplex theatres, hostel facilities, guest houses, food courts, restaurants, research centres and club houses. Some of our prestigious corporate clients include Infosys, Taj Group, Dell, HP, Timken, Biocon, Institute of Public Enterprises (IPE), Bosch, Hotel Leela Ventures etc.
Our superior execution capability is one of our core strengths. As of 31st December 2014, Sobha has completed 98 real estate projects and 258 contractual projects covering about 6.31 million square metres (67.97 million square feet) of area. Company currently has 49 ongoing residential projects aggregating to 2.90 million square metres (31.24 million square feet) of developable area and 2.09 million square metres (22.45 million square feet) of saleable area, and 28 ongoing contractual projects aggregating to million square metres 0.80 (8.62 million square feet) under various stages of construction. Sobha has made a footprint in 24 cities and 13 states across India.
We are a process driven organisation and amongst the first companies in the industry to obtain the ISO 9001 certification. We have also received the OHSAS 18001:2007 and ISO 14001:2004 certifications for Environmental, Health and Safety Management Systems.
Our company and its leadership team have been honoured with over 140 prestigious awards by various reputed institutions.
Sobha is an organisation that is highly focused on delivering international quality products in a timely manner with utmost perfection.