After recording its strongest ever yearly sales in the Indian real estate market, Sobha Developers is now set to make waves in the Dubai property market with the handover of the first phase of it's ultra-luxury project, Sobha Hartland. CNBC-TV18's Kevin Lee caught up with the company's founder and chairman PNC Menon in Dubai, and started by asking him on reports that he was looking to venture into fields other than real estate.

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“I decided why to go and do something else when you have so much of opportunity in the same domain. For example, India, we can be a billion dollar company, my son is at it,” he said.

“We have got an opportunity to be a billion dollar company here in Dubai only. So why look for other things,” he added.