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  • Expect Double-digit volume & value growth going ahead: Sobha

    Real estate company Sobha saw a good quarter on a year on year (YoY) basis due to a base effect but sequentially it was a flat quarter. In an interview with CNBC-TV18, JC Sharma, Vice Chairman and MD of Sobha spoke about the results and his outlook for the company.

  • Expect EBITDA margins to be better than last 3-years: Sobha Developers

    Expect EBITDA margins to be better than last 3-years: Sobha Developers

    The Company will be one of the beneficiaries of the goods and services tax (GST) transition, said JC Sharma, Vice Chairman & MD, Sobha.

  • Q2FY18 impacted by RERA & GST; should be able to maintain Q1FY18 sales momentum: Sobha

    Q2FY18 impacted by RERA & GST; should be able to maintain Q1FY18 sales momentum: Sobha

    In an interview to CNBC-TV18, JC Sharma, Vice Chairman and MD, Sobha gave an update as to how business is panning out in Q2 so far and to share with us what real estate demand is looking like and how prices are panning out.

  • Hope to do better on operational & financial fronts going ahead: Sobha

    Hope to do better on operational & financial fronts going ahead: Sobha

    Sobha posted a good operational performance as expected in Q1 with positive cash flow and a strong income statement. In an interview to CNBC-TV18, JC Sharma, VC & MD of Sobha discussed the company's Q1 performance.

  • Porinju: See plenty of themes in market to make 10x, 20x returns

    Porinju: See plenty of themes in market to make 10x, 20x returns

    The man known for spotting small, midcap stocks at the right time says more than two dozen themes are yet to be explored.

  • Expect FY18 to be significantly better year: Sobha

    Expect FY18 to be significantly better year: Sobha

    In an interview to CNBC-TV18, JC Sharma, VC & MD of Sobha spoke about the latest happenings in his company and sector.

  • Q3 miss due to cash ban; volumes in pain for next 2 qtrs: Sobha

    Q3 miss due to cash ban; volumes in pain for next 2 qtrs: Sobha

    Speaking to CNBC-TV18, JC Sharma, VC and MD of Sobha said that the company saw an impact on operational performance due to demonetisation.

  • Demonetisation: Bookings are deferred but enquiries & site visits stable: Sobha

    Demonetisation: Bookings are deferred but enquiries & site visits stable: Sobha

    JC Sharma, Vice Chairman & MD, Sobha said the number of enquiries and site visits have remained stable even post demonetisation but people have deferred their bookings and decisions because of uncertainty.

  • Sobha City project to garner Rs 3,000 cr revenue: MD

    Sobha City project to garner Rs 3,000 cr revenue: MD

    Despite signs of slowdown in Delhi-NCR's realty space, JC Sharma, the VC & MD of Sobha Developers said that the demand seems to be picking up.

  • Hopeful of Kerala, NCR growing 30% in FY17: Sobha Developers

    Hopeful of Kerala, NCR growing 30% in FY17: Sobha Developers

    With declining interest rates, overall volumes in the realty sector will increase, making the second half of the year better for the sector, says JC Sharma, VC and MD of Sobha Developers Limited.

  • Realty Bill may not impact organised players adversely:Elara Cap

    Realty Bill may not impact organised players adversely:Elara Cap

    Adhidev Chattopadhyay, Real Estate Analyst at Elara Capital likes Oberoi Realty, Godrej Projects from Mumbai and Sobha Developers, Prestige and Brigade Enterprises from Bangaluru.

  • Sales value will catch-up with sales volume: Sobha Ltd

    Sales value will catch-up with sales volume: Sobha Ltd

    The net profit fell by 46.6 percent to Rs 32.1 crore and revenue saw a dip of 41.7 percent to Rs 399 crore on a year-on-year basis.

  • May not meet revenue target but expect strong H2: Sobha

    May not meet revenue target but expect strong H2: Sobha

    JC Sharma, VC and MD, Sobha Developers says the company may not meet its sales value target due to slowdown in Chennai and Bangalore markets.

  • Aim to grow beyond south India, focus on Gurgaon: Sobha

    Aim to grow beyond south India, focus on Gurgaon: Sobha

    The company has done about 700,000 square feet out of 844,000 sq ft of new sales in the Bangalore alone in the last quarter, said J C Sharma, Vice Chairman & MD, Sobha.

  • See high demand for small-sized hsg in Bengaluru: Realtors

    See high demand for small-sized hsg in Bengaluru: Realtors

    There has been a dip in demand for the high-end housing but has been compensated by demand for lower-priced or small-sized products, said JC Sharma, Vice Chairman & Managing Director of Sobha.

  • Expect Dream Series proj to be sold out in 5 yrs: Sobha Dev

    Expect Dream Series proj to be sold out in 5 yrs: Sobha Dev

    JC Sharma, MD, Sobha Developers, says the first phase of the project is already underway and is expected to finish within seven years.

  • Have missed FY15 sales guidance by 20%: Sobha's Sharma

    Have missed FY15 sales guidance by 20%: Sobha's Sharma

    The demand for residential segment was muted in all markets except Bangalore. However, operational data in Q4 improved year-on-year and quarter-on-quarter.

  • See good Q4, average realisation at Rs 6300 sq/ft: Sobha

    See good Q4, average realisation at Rs 6300 sq/ft: Sobha

    JC Sharma, vice-chairman and managing director of Sobha Developers, believes the next quarter will be better than the last one.

  • Won't meet FY14 guidance; margins seen at 28%: Sobha

    Won't meet FY14 guidance; margins seen at 28%: Sobha

    The company‘s Q3 EBITDA rose 8.8 percent to Rs 149 crore, but its operating profit margin fell 460 basis points to 27.4 percent on higher expenses year-on-year. Sharma, however, is bullish on margins coming around 28 percent in the next few quarters.

  • Likely to miss FY14 guidance but weakness temporary: Sobha

    Likely to miss FY14 guidance but weakness temporary: Sobha

    Sobha Developers is likely to miss its FY14 guidance of 4.2 million square feet in sales and volumes of Rs 2,600 crore, Vice Chairman and Managing Director JC Sharma told CNBC-TV18. He, however, said he did not expect the sales weakness to continue into next year.

  • See new launches of 10 mn sq ft in next 2-3 qrts: Sobha Dev

    See new launches of 10 mn sq ft in next 2-3 qrts: Sobha Dev

    Sobha Developers plans to enter markets like Kochin, Bangalore, Trichur, Chennai in the coming 2-3 months, JC Sharma.

  • Sobha Developers to meet target of Rs 2,000cr sales in FY13

    Sobha Developers to meet target of Rs 2,000cr sales in FY13

    In an interview to CNBC-TV18, JC Sharma, Vice Chairman & MD of Sobha Developers informed that the NRI interest in the Indian real estate has been growing significantly.

  • Low interest rates will up realty demand: Sobha Developers

    Low interest rates will up realty demand: Sobha Developers

    JC Sharma, vice-chairman & MD, Sobha Developers, says that once the interest rates start declining, there will be a positive impact on the real estate sector.

  • Sobha Developers targets Rs 2000cr sales in FY13

    Sobha Developers targets Rs 2000cr sales in FY13

    In an interview with CNBC-TV18, JC Sharma, VC of Sobha Developers said the company is hopeful about sustaining the current margins and maintains its sales guidance of Rs 2,000 crore for FY13.

  • Sobha Developers eyes Rs 2000cr sales in FY13

    Sobha Developers eyes Rs 2000cr sales in FY13

    Sobha Developers has revealed its sales figures for Q1 and the company has posted a very good performance with a 26% increase in land sales year-on-year (YoY), with the figure standing at 840,000 sq ft. The value of revenues made in Q1 is up 58% YoY at Rs 480 crore.

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