Mr. P.N.C. Menon founded SOBHA Limited in 1995. His goal was to transform the way people perceived quality in India. Today, SOBHA is the most trusted brand in Indian real estate and the only backward integrated real estate player in the country. The goodwill and customer loyalty that we command is a testament to our incessant focus on quality, customer centricity and business ethics. Today, SOBHA is renowned for its world-class products. We conform to the ISO 9001, ISO 14001 and OHSAS 18001 certifications for our quality, safety and environment management systems. SOBHA has its footprint in 26 cities and 13 states across India making it a truly PAN India player.
Indian real estate sector is undergoing a massive transformation due to several landmark institutional reforms. Reforms like Real Estate (Regulation and Development) Act 2016 and GST (Goods and Services tax) will enhance sector’s credibility and bring increased focus on transparency and accountability. These initiatives have also created a level-playing field for organized players like SOBHA. They have helped in protecting homebuyer’s interest and in accelerated sector organization. The consumer demand has also been boosted with initiatives like the Credit Linked Subsidy Scheme (CLSS) for Middle and Lower Income Groups (MIG and LIG) under Pradhan Mantri Awas Yojana (PMAY). As the only backward integrated Real Estate Company in India, SOBHA is in the unique position of taking full advantage of these structural changes. We are confident that we will be able to capitalize on these changes and embark on a path of accelerated growth in coming years.