Advertisement

Help
You are here: Rediff Home » India » Business » Slide Shows » Photos
Search:  Rediff.com The Web
  Email this Page  |   Write to us

Back Next

From Rs 50 to a Forbes billionaire!

July 1, 2008

From interiors to full structure

In 1986, I decided to be a full time builder. What I did was backward integration: from architecture to structural engineering to designs. We are probably the only backward integrated company of this size and type in the whole world.

From factory-building, we went to construct houses, and then to large commercial buildings. We also did private palaces in the Middle East.

I became a citizen of Oman a decade ago. From Oman, I moved to the United Arab Emirates.

Doing business in India

When I came to India to do business 14 years ago, it was to diversify the geographical spread. I chose Bangalore as our destination in India. I started Sobha Developers in my wife’s name. Because I had done even the palaces in the Middle East, I came with top-end knowledge. That was why we succeeded here too.

We have completed more than ten commercial projects on turnkey bases, covering 1.85 million sq ft. Forty residential projects have been completed and about 32 are in the process of completion.

Under contractual projects, we have built office buildings for Infosys, Timken, Taj, Mico, HP and Dell.

We went public in 2006. Now we are a Rs 1,500-crore company.

Image: A new residential building by Sobha.

Also read: Manufacturing investment? India set to be No. 1!
Back Next

© 2008 Rediff.com India Limited. All Rights Reserved.Disclaimer | Feedback