Epic Research Update : Sobha Developers

Company sold 0.92 million square feet valued at Rs 605 crore at average price realisation of Rs 6568 per square feet

Value of new sales increased by 20.46 percent Q-o-Q and 5.78 percent Y-o-Y

Average sales realisation up by 4.34 percent compared to Q4FY13

Company confident on improving sales performance in FY15

Expecting improved sales generated on recent launches in March 2014

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Posted in: Indian Market Tips