Sobha Limited | |
Type: | Public |
Industry: | Real estate development, construction |
Founder: | P. N. C. Menon |
Parent: | Sobha Realty |
Location City: | Dubai, UAE |
Revenue: | (2021) |
Operating Income: | (2021) |
Net Income: | (2021) |
Assets: | (2021) |
Equity: | (2021) |
Num Employees: | 3000+ (2021) |
Sobha Limited (formerly Sobha Developers Limited) is a multinational real estate developer with its headquarters in Dubai, UAE and a corporate office in Bangalore, India[1]
Sobha Realty is an international luxury developer. Established in 1976 as an interior decoration firm in Oman by P.N.C. Menon – an entrepreneur, the company has grown its presence with developments and investments in the UAE, Oman, Bahrain, Brunei and India.
Sobha Limited was founded on 7 August 1995 by P. N. C. Menon.[2] The company is also planning to invest crore residential development in Gujarat International Finance Tec-City (GIFT City).[3] [4] [5]
The company changed its name to "Sobha Limited" on 18 August 2014.[6]
They have achieved growth with backward integration in the construction and real estate development business in India.[7] Their long-term performance has been supported by the in-house production of construction items and furniture. The company has 64 live residential projects currently in the city of bangalore. The company has a geographic presence in 27 cities in 14 states.[8] Internationally, Sobha Ltd has operations running in Oman and Dubai[9] [10] [11] as Sobha Realty.
Sobha Properties boasts a diverse portfolio of projects in Dubai, spanning across residential, retail, hospitality, and leisure sectors. Their property development ventures include: