SOBHA announces second edition of ‘The Now or Never Sale’ Expo

Bengaluru, January 12, 2018: SOBHA Limited, India'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 will be held from 13th (Saturday) to 14th (Sunday) 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.

Theone-of-its-kind Expo will offer several exclusive deals and price benefits tohome buyers. Exclusive offers such as on-the-spot bookings, allotments andinstant home loan approvals at the venue will be available for buyers. SOBHAhas tied-up with Indiabulls Home Loans as its premium home loan partner to makeit a hassle-free buying process at the venue.  

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

Mr. J.C.Sharma, Vice Chairman & Managing Director, SOBHA Limited said, “SOBHA has set benchmarksin the industry with its quality and timely delivery. Over the years, we havemore than 19000 delighted customers in India. This Expo will give us anopportunity 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 lakhto 10 crore,  to suit the requirements of different segments of homebuyers. Last year, we had received an overwhelming response during the Expo notonly in terms of the number of footfalls but also the number of deals closedduring the event. We are confident of helping many more homebuyers finalisetheir dream homes during the upcoming Expo.”

As of 30th September, 2017, SOBHA hasongoing real estate projects aggregating to 40.30 million square feet ofdevelopable area and 27.63 million square feet of saleable area, and ongoingcontractual projects aggregating to 7.06 million square feet under variousstages of construction. The Company has a real estate presence in 9 cities,viz. Bangalore, Gurgaon, Chennai, Pune, Coimbatore, Thrissur, Calicut, Cochinand Mysore. Overall, SOBHA has footprint in 26 cities and 13 states acrossIndia.

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