Posted on February 22, 2009
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.