Sobha (company)

Indian real estate company From Wikipedia, the free encyclopedia

Sobha Limited (formerly Sobha Developers Limited) is a multinational real estate developer with its headquarters in Dubai, UAE and a corporate office in Bangalore, India[1]

Company typePublic
IndustryReal estate development, construction
FounderP. N. C. Menon
(Chairman Emeritus)
Quick facts Company type, Traded as ...
Sobha Limited
Company typePublic
IndustryReal estate development, construction
FounderP. N. C. Menon
(Chairman Emeritus)
Headquarters
Key people
Francis Alfred
(Managing Director)
RevenueDecrease 2,190.40 crore (US$260 million) (2021)
Decrease 676.39 crore (US$80 million) (2021)
Decrease 62.27 crore (US$7.4 million) (2021)
Total assetsIncrease 11,208.25 crore (US$1.3 billion) (2021)
Total equityDecrease 2,427.74 crore (US$290 million) (2021)
Number of employees
3000+ (2021)
ParentSobha Realty
Websitewww.sobha.com
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History

Sobha Realty is an international luxury developer. It was established in 1976 as an interior decoration firm in Oman by P. N. C. Menon. The company has developed and invested in projects in the UAE, Oman, Bahrain, Brunei and India.[citation needed]

Sobha Limited was founded on 7 August 1995 by P. N. C. Menon.[2] The company announced an investment of 500 crore residential development in GIFT City.[3][4][5]

The company changed its name to "Sobha Limited" on 18 August 2014.[6] Internationally, Sobha Ltd has operations running in Oman and Dubai[7][8][9] as Sobha Realty.

References

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