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Sobha Developers has sold 0.9 million square feet of new space valued at Rs 533 crore at an average price realisation of Rs 5,910 per square feet during the third quarter ended December 31, 2012.
At the beginning of the fiscal (2012-13), the company had set a guidance of new sales value at Rs 2,000 crore comprising 3.75 million square feet.
“Post third-quarter, the company looks to achieve the target, having already registered a sales value of Rs 1,540 crore comprising 2.68 million square feet,” a release to exchanges said.
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