Sobha Ltd Invests ₹800 Crore in Luxury Housing Project in Greater Noida

Sobha Ltd, a leading real estate company, is set to invest ₹800 crore in a luxury housing project in Greater Noida, marking a significant expansion in the Delhi-NCR property market.

Real EstateLuxury HousingGreater NoidaSobha LtdDelhincrReal Estate NewsJun 27, 2025

Sobha Ltd Invests ₹800 Crore in Luxury Housing Project in Greater Noida
Real Estate News:New Delhi: Real estate company Sobha Ltd will invest around Rs 800 crore to develop a luxury housing project in Greater Noida as part of its plan to expand business in the Delhi-NCR property market.

The Bengaluru-based company has secured all regulatory approvals to launch its project 'SOBHA Aurum' in Greater Noida, comprising 420 apartments. The project is spread across 3.46 acres with a development potential of 9.3 lakh square feet, the company said in a statement on Thursday. Sobha Ltd did not mention the project cost. However, sources said the total investment will be around Rs 800 crore.

The realty company has launched this project at around Rs 14,000 per square foot. The apartments are being sold in a price range of Rs 1-3.5 crore. Sobha Ltd had bought this land parcel through an auction process for around Rs 160 crore. The company already has a presence in the Delhi-NCR market, having developed many projects in Gurugram, including 'Sobha International City' on Dwarka Expressway.

This is the first project in Greater Noida and the fifth project in Delhi-NCR. 'Entering Greater Noida marks a significant new chapter in Sobha's journey. Over the past 30 years, we have built a legacy grounded in quality, transparency, and trust - values that have earned us the confidence of our customers across India,' said Jagadish Nangineni, Managing Director of Sobha Ltd.

As we step into this dynamic market, we are confident that our commitment to excellence will set a new benchmark in luxury living for the region, he added. Sobha, one of the leading real estate developers in the country, has delivered around 145 million sq ft since its inception.

Frequently Asked Questions

What is Sobha Ltd's new project in Greater Noida called?

Sobha Ltd's new project in Greater Noida is called 'SOBHA Aurum'.

How much is Sobha Ltd investing in the Greater Noida project?

Sobha Ltd is investing around ₹800 crore in the Greater Noida project.

What is the size of the 'SOBHA Aurum' project?

The 'SOBHA Aurum' project is spread across 3.46 acres with a development potential of 9.3 lakh square feet.

What is the price range of the apartments in 'SOBHA Aurum'?

The apartments in 'SOBHA Aurum' are being sold in a price range of ₹1-3.5 crore.

How many projects has Sobha Ltd developed in the Delhi-NCR region?

Sobha Ltd has developed five projects in the Delhi-NCR region, including the new 'SOBHA Aurum' in Greater Noida.

Related News Articles

India's Rise to Realty Prominence: A Billion-Dollar Boom
real estate news

India's Rise to Realty Prominence: A Billion-Dollar Boom

India is accelerating to become the real estate capital of Asia, with a total valuation of Rs 14.2 trillion among the top 100 realty companies.

July 11, 2024
Read Article
Maharashtra Cabinet Renames Pune Airport After Sant Tukaram Maharaj
Real Estate Pune

Maharashtra Cabinet Renames Pune Airport After Sant Tukaram Maharaj

The Maharashtra Cabinet has approved a proposal to rename Pune airport after the 17th-century Warkari saint and poet, Sant Tukaram Maharaj.

September 24, 2024
Read Article
The Downfall of Real Estate Moguls: Alexander Brothers Arrested in Miami
real estate news

The Downfall of Real Estate Moguls: Alexander Brothers Arrested in Miami

In a shocking turn of events, the renowned real estate moguls, the Alexander Brothers, were recently arrested in Miami. This news has sent ripples through the business community, leaving many to wonder what led to their downfall.

December 11, 2024
Read Article
Luxury Homes, Toxic Air: The Urban Pollution Paradox in India
Real Estate Mumbai

Luxury Homes, Toxic Air: The Urban Pollution Paradox in India

Nithin Kamath, a prominent real estate analyst, highlights the growing concern of urban pollution in major Indian cities like Delhi, Mumbai, and Bengaluru. Despite seeing a surge in luxury real estate, these cities struggle with alarming levels of air pol

February 24, 2025
Read Article
Tragic Incident: Two Workers Killed, One Injured as Slab Collapses in Chikhla Mines
Real Estate Maharashtra

Tragic Incident: Two Workers Killed, One Injured as Slab Collapses in Chikhla Mines

A devastating slab collapse in the Chikhla mines of Manganese Ore (India) has resulted in the death of two workers and left one injured. The incident has raised serious concerns about safety protocols in the mining industry.

March 5, 2025
Read Article
Women Home Buyers Witness 14% Surge in 2024: Report
Real Estate

Women Home Buyers Witness 14% Surge in 2024: Report

A recent report by Square Yards, titled 'Key Holders of Change - Women Driving Real Estate Growth and Transformation,' reveals a significant 14% increase in women homebuyers in 2024.

March 7, 2025
Read Article