Sobha notes rising demand in prime sectors with infrastructure growth driving exceptional rental yields and investment returns in Gurgaon's evolving market.
SOBHA Limited expands into Greater Noida with premium residential projects, aligning with Film City, tech parks, and expressway expansions. Property prices have doubled since 2020 driven by smart city initiatives and enhanced connectivity.
The realty market witnesses a resurgence in demand for luxury homes, not just in prime locations like Bangalore and Mumbai but also in tier-II and tier-III cities like Nagpur and Ahmadabad.
RBI's stricter loan restructuring norms for real estate developers are pressuring builders to reduce property prices or face funding shortages. This move aims to address rising NPAs and revive the struggling real estate sector.