Sobha Drops Prices Further

Posted on February 22, 2009

Filed Under News | 1 comment

With the recent 8% slash of prices by Sobha Developers not giving them much gain and DLF dhowing the way with 30% price cut for its Bannerghatta properties, Sobha has further slashed prices!

Yes some of the Sobha properties are now selling at prices 22% lower than what they were 3 months ago. A 2 bedroom, 1200 sq. ft. apartment in Sobha Sunscape now costs Rs. 38 lakh which includes everything (including a car park).

It seems the DLF price cut has generated good response and Sobha is positioning itself for that.

Source: TOI


One Response to “Sobha Drops Prices Further”

  1. parag on April 28th, 2009 3:11 pm

    Real estate prices cannt fall further as they are already down over 20% in metros. Now supply of new projects has already gone down as banks have stopepd lending. So prices will now stablise. Great time to be buying realestate in india through AbodesIndia

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