India, June 27 -- Listed real estate developer Sobha Ltd, headquartered in Bengaluru, plans to invest approximately Rs.800 crore in a luxury housing project in Greater Noida. The move is part of the company's strategy to expand its presence in the Delhi-NCR property market.

Sobha Ltd has announced the launch of a luxury residential project offering 420 housing units, including 1BHK units starting at Rs.1.12 crore, 2BHKs priced at Rs.1.92 crore, 3BHKs at Rs.2.30 crore, and 4BHKs at Rs.3.48 crore, according to a company statement.

The premium residences will come up across two towers in Sector 36, it said.

Sobha Ltd. acquired the land for this project through an auction for approximately Rs.160 crore. While the company has not disclosed ...