Sobha Developers Land Bank and Land Reserves

We have obtained the figures of Sobha Developers Ltd Land Bank and Land Reserves in Bangalore, Chennai and other south Indian cities. For IPO details, kindly refer to DalalStreet.

Bangalore / Bengalooru - 1767.90 Acres. (1767 Land Reserve of which 57 acres is Green Belt)
Pune - 995 Acres. (302 Land reserve + 693 Land Arrangement)
Chennai - 3,000 Acres. (392 land Reserve + 2607 Land Arrangement)
Cochin - 256 Acres. (183 Land Reserve + 73 Land Arrangement)
Coimbatore - 26.14 Acres (Land Reserve)
+Mysore and Thrisur.

Sobha Developers: Total Land Reserve is 2,747 acres. Total Land Arrangement 3,373 acres.
Total amount paid for these lands is Rs 662 crores and total amount to be paid is Rs 1,345 crores.

Unlike, Parsvnath Developers SEZ, Sobha Developers has no SEZ.

Tags: IPO India, Sobha Developers, Parsvnath, Real Estate India