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Industry Updates
Industry Updates

Industry Updates

LIC Housing Finance reduces home loan rate to 6.90%
23 - Jul - 2020
LIC Housing Finance reduces home loan rate to 6.90%

LICHFL in a statement said the rate of interest for home loans up to Rs 50 lakh starts from 6.90 per cent for borrowers with CIBIL score of 700 and above.

Kherki Daula Toll Plaza to be shifted by early 2021
13 - Jul - 2020
Kherki Daula Toll Plaza to be shifted by early 2021

With the land transfer expected to be done in the next month, we expect the toll to be shifted by early 2021.

Not possible to cut home prices below circle rates
06 - Jun - 2020
Not possible to cut home prices below circle rates

Indian Real Estate builders can’t sell flats below circle rate, Realtors’ Association said in the response to Commerce Minister Mr. Piyush Goel’s statement, to sell on the lower rates to clear inventories.

Special regulatory measures for real estate to be issued soon: Housing Ministry
12 - Apr - 2020
Special regulatory measures for real estate to be issued soon: Housing Ministry

Special guidelines and regulatory measures for real estate sector including Real Estate Regulatory Act (RERA) would be soon issued to combat this crisis situation, said Mr. Durga Shanker Mishra, secretary, Housing and Urban Affairs.

Sobha plans to raise Rs 270 crore via NCDs
03 - Apr - 2020
Sobha plans to raise Rs 270 crore via NCDs

SOBHA plans to raise Rs. 270 Cr. through issuance of secured redeemable Non-Convertible Debenture (NCDs) on private placement basis.

Covid-19: World economy will go into recession with likely exception of India, China, says UN report
31 - Mar - 2020
Covid-19: World economy will go into recession with likely exception of India, China, says UN report

As per an UN report, a global economic downturn is expected in the wake of the pandemic which will effect most of the countries with the exception of India & China.

Bajghera flyover to open today after multiple delays
18 - Jan - 2020
Bajghera flyover to open today after multiple delays

After missing four deadlines, the flyover at Bajghera railway crossing is finally ready to be opened for public.

SOBHA’s sales on the rise.
05 - Jan - 2020
SOBHA’s sales on the rise.

Sobha Limited, which has recently commenced its 25th year of operations in India has shown 17% rise in sales over the previous year.

Real Estate & Infra Go Hand In Hand
28 - Nov - 2019
Real Estate & Infra Go Hand In Hand

In an interview with Construction Times Magazine, Mr. JC Sharma, VC & MD, #SOBHA Limited in detail explains the company’s expansion plans and the direction the Indian real-estate is moving now.

Bajghera Rail Over Bridge Completion Timeline, Connectivity to Delhi & Gurgaon
08 - Oct - 2019
Bajghera Rail Over Bridge Completion Timeline, Connectivity to Delhi & Gurgaon

Dwarka Expressway is already connected to Delhi & now it’s getting closer to Golf Course Road Cyber Hub, Udyog Vihar, Palam Vihar, etc.

Watch the special coverage of International City, Gurgaon in an exclusive episode of India Real Estate Guide on CNBC Awaaz!
10 - May - 2019
Watch the special coverage of International City, Gurgaon in an exclusive episode of India Real Estate Guide on CNBC Awaaz!

CNBC Awaaz, in an exclusive coverage of SOBHA’s villa-only township – International City, located at Sec 109, Gurgaon, speaks with SOBHA NCR’s Regional Head and an existing resident.

SOBHA Limited tops the national ranking for the second time in the best practice report 2019.
02 - May - 2019
SOBHA Limited tops the national ranking for the second time in the best practice report 2019.

Attention to detail, right from the fastidious approach in building homes to the Chairman himself doing an in-depth inspection of a completed residential project – there have been ten different criteria, including fiscal management, execution, consumer connect, desirable practices and functional professionalism used to evaluate and rank SOBHA as No. 1 in the best practices survey by Track2Realty.

SOBHA achieves milestone of delivering 100 million sq.ft.
11 - Feb - 2019
SOBHA achieves milestone of delivering 100 million sq.ft.

SOBHA has achieved a remarkable milestone of delivering 100 Million square feet of space and it has been possible because of its customers’ immense faith and love. SOBHA is committed to excel continuously with its Passion At Work and change the way people perceive quality.

Hours after CM Khattar’s visit, wall between NH48 and Dwarka e-way demolished
25 - Jan - 2019
Hours after CM Khattar’s visit, wall between NH48 and Dwarka e-way demolished

Hours after Haryana Chief Minister Manohar Lal Khattar inspected the Dwarka Expressway and offered reassurance that the Haryana Shahri Vikas Pradhikaran (HSVP) would be directed to demolish a wall preventing a direct link between the Expressway and NH48, the structure was demolished late Wednesday evening.

NHAI steps in to start the work on segments of Dwarka Expressway
04 - Dec - 2018
NHAI steps in to start the work on segments of Dwarka Expressway

Following the transfer of land by HSVP (Haryana Shahari Vikas Pradhikaran), earlier Huda, to NHAI (National Highways Authority of India), the construction of Dwarka Expressway is set to start by end of the month. Officials stated that the stretch from Mahipalpur on NH-8 to Kherki Daula is planned to be completed in four parts as a third segment of the road project.

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