Sobha Limited is expanding its presence in Gurgaon and starting its third project with a joint development agreement for a 12-acre residential project in Sector 63A. As the area's demand grows, Sobha intends to develop 9 million square feet of residential space in FY25. The Golf Course Extension's upscale infrastructure makes it a major priority. In line with Gurgaon's rapidly expanding real estate...
Sobha Developers (Pune) (SDPL), a fully owned subsidiary of Sobha, and BNB Builders (BBPL) have engaged into a share purchase agreement for the acquisition of 100% of the company's equity shares for Rs 29.5 crore, according to a BSE filing. As a result of this transaction, BBPL will become a step-down subsidiary of the business and an entirely-owned subsidiary of SDPL. Additionally, this will assist...
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