Sobha rose 1.41% to Rs 507.80 after the realty developer introduced Sobha Town Park at Yadavanahalli in Bengaluru.
Sobha Town Park is an integrated township located in Yadavanahalli, a promising location in South Bengaluru. Sobha Town Park is a luxury residential township in Bengaluru, themed on the architectural of New York.Speaking on the announcement, Ravi Menon, Chairman, Sobha said, "With Sobha Town Park, we have re-imagined the architectural brilliance of New York through iconic residential towers, a glitzy shopping mall and top-of-the-line amenities."
Sobha's consolidated net profit tanked 70.5% to Rs 21.60 crore on a 22.5% decline in net sales to Rs 684.40 crore in Q3 FY21 over Q3 FY20.
Sobha is a real estate player primarily focused on residential and contractual projects.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app