Jc Sharma

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

‘Bengaluru developers are experimenting with trends; bringing in advanced techniques‘

JC Sharma, vice-chairman and managing director of Sobha Ltd, has been witness to the emergence of Bengaluru as the country‘s top realty destination. It is not just the business potential of the city that &#82

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

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.

Adoption of IND-AS norms impacted margins: Sobha

Acknowledging that the adoption of IND-AS norms impacted margins, JC Sharma, Vice-chairman and Managing Director of Sobha Limited told CNBC-TV18 that the company is confident of achieving its FY17 guidance of 3.5 msf.

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.

Sobha raises Rs 45 cr via debentures; Rs 125 cr in March

"The company has on March 21, 2016 allotted secured redeemable non-convertible debentures aggregating to Rs 45 crore on private placement basis," Sobha said in a filing to the BSE.

Sobha falls 3% on lower Q2 sales; management retains target

The company logged sales worth Rs 533.2 crore, a 9.7 percent fall from Rs 590.5 crore sales a year ago.

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.

Will govt announce tax sops for real estate in Budget 2015?

According to a central government study, Indian cities faced a shortage of about 1.8 crore houses in 2012. KPMG says that number could go up to 4.4 to 4.8 crore homes by 2022. It estimates a massive investment of USD 2 trillion would be required to build these houses over the next seven years.

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.

Sobha Developers Q3 profit up 11%, margin falls 460 bps

Earnings before interest, tax, depreciation and amortisation rose 8.8 percent to Rs 149 crore but operating profit margin fell 460 basis points to 27.4 percent on higher expenses year-on-year.

Sobha Q2 net up 13% at Rs 56.6cr

The company had posted Rs 50.1 crore profit in the year-ago period. Total Income has increased by 31 percent at Rs 544.5 crore for second quarter of this fiscal from Rs 416.2 crore in corresponding period of last fiscal, Bangalore-based company said in a filing to the BSE.

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.

Shobha Developers sees realty mkt growing in double-digits

Indian multinational real estate company, Shobha Developers has been showing a positive sales momentum. JC Sharma, Vice Chairman & MD, Sobha Developers believes that this will continue. Infact he hopes that the real estate market will grow in double digits in FY14.

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.

CRR cut may benefit industry: Sobha Developers

JC Sharma, Vice Chairman & MD of Sobha Developers said the RBI is signaling a cautious stance on a turbulent global environment. He feels interest rates have to come down for liquidity improvement and developers were waiting for it to happen.

Maintaining 8-10% price hike in B'lore: Sobha Developers

In an interview to CNBC-TV18, JC Sharma, Vice-Chairman & MD, Sobha Developers said that this year the company has been able to maintain momentum of 8-10% prices increase in Bangalore

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.

Commercial realty sales retreat amid global IT slowdown

Pre-slowdown IT companies were the biggest consumers of office space. But with the tech sector now shaken by global jitters - the impact is also weighing down on the commercial real estate sector. Office transactions have plummeted more than 21% in 2012 so far, reports CNBC-TV18's Priyanka Ghosh.

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.

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."

Sobha Developers eyes Rs 1500cr rev; 25% growth in FY12

In an exclusive interview with CNBC-TV18, JC Sharma, the managing director of Sobha Developers talks about his company's first quarter performance. He also elaborates on their future plans.

To launch 11 million square feet in FY12: Sobha Developers

In an interview with CNBC-TV18, JC Sharma, MD, Sobha Developers said real estate industry is interest sensitive. He believes that this continuous hike by RBI is impacting the growth of the industry. He maintains company’s guidance to launch 11 million square feet in FY12.

Sobha Dev to build about 11 mn sq feet next 2-3 qtrs

Real estate firm Sobha Developers is planning to develop about 11 million square feet across both residential and commercial properties in the next two-three quarters, a top official said on Monday.