Company Research Report: Sobha Realty
Company Overview
Name
Sobha Realty
Mission of the Company
Sobha Realty aspires to redefine the art of living by building sustainable communities and creating exquisite homes. Their mission includes pioneering innovative global projects and transforming perceptions of quality to enrich communities and society.
Founded
Sobha Realty was founded in 1976 as an interior decoration firm in Oman by PNC Menon.
Key People
- Founder & Chairman: PNC Menon
- Co-Chairman: Ravi Menon
- Managing Director: Francis Alfred
- Group Chief Financial Officer: Jyoti Kumar Agarwal
- Director– PNC Architects: James Marvin
- Head – Quality & Technology: Olaf Wagner
- Chief People Officer: Dr. C. Premkumar Naidu
- Chief Sales Controller and Chief Marketing Officer: Ashish Parakh
Headquarters
Sobha Realty is headquartered in Bangalore, India.
Number of Employees
- Approximately 28,000 worldwide
Revenue
No information is available.
What is the Company Known For
Sobha Realty is known for its luxury residential developments and commitment to quality craftsmanship. The company has a reputation for building premium homes and exquisite interiors.
Products
What Products Do They Offer?
Sobha Realty offers a wide range of luxury residential properties including villas, apartments, and mixed-use developments.
High-Level Description of the Products
1. Luxury Villas
- Elwood Estate
- Sobha Orbis
- Sobha One Golf Ridges
- Sobha Reservé
- Siniya Island Villas
- Selene Beach Residences
2. Luxury Apartments
- Skyscape Altius
- Skyscape Aura
- Skyscape Avenue
- Selene Beach Residences
- Sobha Orbis
Key Features of Each of the Products
1. Elwood Estate Villas
- Serene community living
- Sustainable environment
2. Sobha Orbis (Motor City)
- Premium 1–2 bedroom apartments
- Resort-style amenities
3. Sobha One Golf Ridges
- Golf course facing villaments
- Luxury duplex and villa units
4. Sobha Reservé
- Located in Wadi Al Safa 2, Dubailand
- 4, 5, and 6 Bedroom villas
5. Siniya Island Villas
- Sea-facing villas
- Panoramic sea views and waterfront access
6. Selene Beach Residences
- Beach access
- 1, 2, and 3-bedroom apartments
7. Skyscape Altius
- 85-story luxury apartments
- 1, 1.5, 2, 2.5, and 3-bedroom homes
8. Skyscape Aura
- Sequel to Skyscape Avenue
- Iconic design and luxury craftsmanship
9. Skyscape Avenue
- Architecture inspired by celestial themes
- Emphasizes natural grandeur
Recent Developments
What Are the Recent Developments in the Company?
- August 27: Ravi Menon was elevated as the Chairman of Sobha Group, with PNC Menon continuing as the Founder.
- July 29: Rating Upgrade of PNC Investments LLC (PNCI).
- July 21: Moody's Ratings affirmed PNC Investment’s (Sobha Realty) Ba3 CFR and upgraded its sukuk rating to Ba2; outlook stable.
- July 17: Partnership agreement with Umm Al Quwain Properties to launch a luxury real estate project on Al Siniya Island.
- July 03: Announced a AED 210 million mall project within Hartland community.
- June 06: Unveiled industry-first holographic displays.
What Are the New Products Launched?
- Siniya Island Villas
- Skyscape Aura
What Are the New Features Added to Existing Products?
No information is available.
Any New Partnerships?
- Partnership with Umm Al Quwain Properties to launch a luxury real estate project on Al Siniya Island.
This report provides a comprehensive overview of Sobha Realty, including detailed product offerings and recent developments.