HomeNewsBusinessCompaniesOn track to meet FY12 sales target: Sobha Developers

On track to meet FY12 sales target: Sobha Developers

In an interview to CNBC-TV18, JC Sharma, managing director, Sobha Developers said, "We remain confident and as we have communicated that this Rs 1,500 crore guidance should be achieved comfortably in this financial year. Going forward, we hope to do better."

January 05, 2012 / 16:51 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Real estate player, Sobha Developers is hopeful of performing well in the current quarter and meeting its annual sales target.

In an interview to CNBC-TV18, JC Sharma, managing director, Sobha Developers said, "We remain confident and as we have communicated that this Rs 1,500 crore guidance should be achieved comfortably in this financial year. Going forward, we hope to do better." It is hopeful of sustaining volumes in the NCR region, which is one of the biggest markets of India. However, Sharma doesn't expect real estate prices to be softer that the current levels. Below is the edited transcript of Sharma
first published: Jan 5, 2012 04:15 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!