In July-September quarter, Sobha achieved the highest ever quarterly sale value of Rs 1,724 crore and 1.69 million square feet. This is the ninth straight quarter where the presales have been better than the previous quarter.
The transaction is the latest in a string of notable land deals in the NCR. The sale deed was executed on December 22, 2023 and the company paid Rs 6.07 crore as stamp duty for the 5.78-acre plot and Rs 2.45 crore stamp duty for the 2.06-acre land parcel, documents showed.
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Nishant Yadav said registration will be opened for Chintels Serenity and Sobha International City (both in Sector 109), while Chintels Corporate Park in Sector 114 — a commercial project — will be kept as an additional guarantee.
The Enforcement Directorate today said it had issued a provisional attachment order under provisions of the Prevention of Money Laundering Act (PMLA) to seize the proceeds of crime of Haryana-based Sobha Limited in the form of immovable properties worth over Rs 200 crore in a case relating to an all