By focusing on cities with fast income generation, Sobha Developers aims for double digit growth in volumes in FY13. They will, however, not enter the affordable housing segment despite the various incentives given this Budget.
Speaking exclusively to CNBC-TV18, managing director JC Sharma says that they will continue to cater only to the luxury housing segment because the incentives given are not enough to spur demand in the country.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!