Vuélvete ilimitado con Magzter GOLD
Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo
Intentar ORO - Gratis
Risk to Sobha's ambitious FY25 pre-sales guidance looms
Mint Mumbai
|November 21, 2024
After a muted first half (H1FY25), South India-focused realty company Sobha Ltd is lagging on pre-sales and new launches.
After a muted first half (H1FY25), South India-focused realty company Sobha Ltd is lagging on pre-sales and new launches. In H1FY25, pre-sales or bookings slid 4% year-on-year to ₹3,050 crore, impacted by slower sales in recently launched projects. Even so, the management has retained its FY25 pre-sales guidance of ₹8,500 crore.
In H1FY25, Sobha launched five projects spread across 3.5 million sq. ft (msf). It targets to launch another 5.5 msf of projects in H2FY25. This should take yearly launches to around 9 msf across four projects in its core market of Bengaluru. In the next six to eight quarters, Sobha has a launch pipeline of 19.29 msf.
Esta historia es de la edición November 21, 2024 de Mint Mumbai.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Mint Mumbai
Mint Mumbai
SBI MF to take 10% in Adani bond issue
SBI Mutual Fund is acting as one of the anchor investors for Adani Power's bond issue.
1 min
January 22, 2026
Mint Mumbai
Pakistan to join Board of Peace
Pakistan on Wednesday said it has accepted US president Donald Trump's invitation to join the Board of Peace for Gaza to support the effort for bringing peace to the troubled region.
1 min
January 22, 2026
Mint Mumbai
Fukushima nuclear reactor restarted
The world’s largest nuclear power plant restarted on Wednesday in north-central Japan for the first time since the 2011 Fukushima nuclear meltdown, as resource-poor Japan accelerates atomic power use to meet soaring electricity needs.
1 min
January 22, 2026
Mint Mumbai
Tiger verdict cloud over M&A tax cover
Insurers may not readily offer tax liability insurance for merger and acquisition (M&A) deals and will subject them to stricter scrutiny given the risks of retrospective taxes, consulting and law firms cautioned, days after the Supreme Court ruled that Tiger Global must pay capital gains tax on its Flipkart share sale years ago.
2 mins
January 22, 2026
Mint Mumbai
E-challan, toll dues could bar access to national highways
Changes being made to meet UN goal of halving global road deaths, injuries by 2030
2 mins
January 22, 2026
Mint Mumbai
Retiring at 27: Can ₹2.5 crore sustain a lifetime of expenses?
My niece will be 27 in September 2029 and may stop working due to her health issues.
1 mins
January 22, 2026
Mint Mumbai
India's trade agreements should have a sunset clause: Here's why
Our deals must enable periodic reviews on the basis of data to keep up with evolving trade dynamics and competitive edges
3 mins
January 22, 2026
Mint Mumbai
Licence-free use of 6GHz spectrum gets govt approval
The move comes as a big win for technology firms even as telcos are not in favour of it
1 mins
January 22, 2026
Mint Mumbai
Larry Fink ponders shifting of WEF meets from Davos
Larry Fink, the interim co-chief of the World Economic Forum, is openly musing about a venue change for the flagship event that would take the annual January meeting outside of Switzerland.
2 mins
January 22, 2026
Mint Mumbai
'India to stay fastest- growing big economy'
India'seconomic growth outlook remains upbeat, with recent estimates suggesting the country will continue to be the world’s fastest-growing major economy, according to an article in the Reserve Bank of India’s January bulletin.
1 min
January 22, 2026
Listen
Translate
Change font size