Published On: Tue, Jan 16th, 2018

SOBHA Announces Second Edition of The Now or Never Sale Expo

sobha developersSOBHA LimitedIndia’s most admired and trusted real estate brand, is back with the second edition of its unique two-day property Expo – The Now or Never Sale’.  The property Expo was held from 13th to 14th January, 2018 at Shangri-La Hotel, Bengaluru. At the event, the Company will bring together all its ongoing projects across India, making it a one-stop destination for customers to find their desired homes.

The one-of-its-kind Expo will offer several exclusive deals and price benefits to home buyers. Exclusive offers such as on-the-spot bookings, allotments and instant home loan approvals at the venue will be available for buyers. SOBHA has tied-up with Indiabulls Home Loans as its premium home loan partner to make it a hassle-free buying process at the venue.

Speaking on the occasion, Mr. Ravi Menon, Chairman, SOBHA Limitedsaid, “The year 2017 has been a historic year for the real estate sector. Many forward-looking reforms such as Real Estate (Regulation and Development) Act, 2016 (RERA) and Goods and Services Tax (GST) were implemented, protecting home buyers’ interest, ensuring better compliance and transparency. With RERA regulation, more transparency and solidity has come into the sector. This will help prospects to step ahead and make their purchase with confidence.”

Mr. J.C. Sharma, Vice Chairman & Managing Director, SOBHA Limited said, “SOBHA has set benchmarks in the industry with its quality and timely delivery. Over the years, we have more than 19000 delighted customers in India. This Expo will give us an opportunity to win more customers, adding to our list of delighted customers. The project portfolio at Expo will include 1, 2, 3, and 4 bedroom apartments, luxury villas, penthouses and plotted developments in the range of INR 25 lakh to 10 crore,  to suit the requirements of different segments of home buyers. Last year, we had received an overwhelming response during the Expo not only in terms of the number of footfalls but also the number of deals closed during the event. We are confident of helping many more homebuyers finalise their dream homes during the upcoming Expo.”

As of 30th September, 2017, SOBHA has ongoing real estate projects aggregating to 40.30 million square feet of developable area and 27.63 million square feet of saleable area, and ongoing contractual projects aggregating to 7.06 million square feet under various stages of construction. The Company has a real estate presence in 9 cities, viz. Bangalore, Gurgaon, Chennai, Pune, Coimbatore, Thrissur, Calicut, Cochin and Mysore. Overall, SOBHA has a footprint in 26 cities and 13 states across India.

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