Sobha Acquires Land in Sector 36 - Greater Noida for Residential Project Development

• When & How: Sobha Limited acquired the land through an e-auction conducted by the Greater Noida Authority on August 7, 2024. This was part of a group housing plot auction.

• Plot Size & Location: The parcel measured approximately 13,938 square meters and was located in Sector 36 of Greater Noida, which aligns with the broader Sector 1 Noida Extension area.

• Acquisition Price: Sobha won the bid at a rate of about ₹1.16 lakh per square meter, leading to a total cost of roughly ₹161 crore (i.e., ₹1.61 billion). Other reporting puts the acquisition cost at around ₹160 crore, which is consistent with earlier auction coverage.

Some iconic projects of sobha group across gurugram & dwarka expressway