Sobha has a strong inventory level of 10.26msf and ongoing projects of 27.68msf, along with launch pipeline of around 16.69msf expected to launch within the next 4 6 quarters. Sobha delivered a strong quarter, supported by robust pre-sales and record cash collections. Although margins remain under pressure, recovery is expected from Rs.18,000cr of pending revenue with an estimated 33% project-level margin. With a healthy project pipeline and strategic regional expansion, the company is on track to achieve its 30% YoY pre-sales growth...