Sobha Ltd. to invest Rs. 1000 cr in Delhi and Gurgaon to develop 2.76 million sq ft.

Bengaluru-based realty major Sobha Ltd said it will invest close to Rs. 1000 crore in Delhi and Gurgaon to develop 2.76 million sq ft, in a bid to expand its presence in Delhi-NCR

The company recently entered into a joint development agreement with a Delhi based builder to develop one million square feet in Delhi’s Badarpur, and simultaneously, talks are on with a different developer to build 1.73 million sq ft in Gurgaon.

ET