Sobha Ltd announced on Saturday a remarkable 61 percent increase in its sales bookings, reaching Rs 1,902.6 crore in the second quarter of this fiscal year, driven by heightened demand for its residential properties. In the same period last year, the company recorded property sales amounting to Rs 1,178.5 crore.
According to a regulatory filing, Bengaluru-based Sobha Ltd disclosed that it sold 13.94 lakh square feet of area during the July-September quarter of this fiscal year, achieving an average price realization of Rs 13,648 per square foot. Bengaluru accounted for 69.7 percent of the quarterly sales, valued at Rs 1,326.4 crore, bolstered by increased sales momentum at the SOBHA Town Park project.
Delhi-NCR contributed Rs 309.7 crore, while the Kerala region added Rs 184.8 crore to the quarterly sales total, supported by a surge in festive demand. For the first half of 2025-26, Sobha Ltd reported sales bookings of Rs 3,981.4 crore, marking its best-ever H1 performance, compared to Rs 3,052.2 crore in the same period of the previous year.
Throughout the entire 2024-25 fiscal year, Sobha Ltd sold properties worth Rs 6,276.5 crore. “The rationalization and simplification of GST rates, along with a declining interest rate environment supported by low inflation, is anticipated to further enhance household consumption and stimulate domestic economic activity,” Sobha stated. In the latest September quarter, Sobha Ltd completed 1.18 million square feet of saleable area, delivering 591 homes.
Sobha Ltd stands as one of the foremost real estate developers in the nation. Regarding the number of flats sold during the July-September period of 2025, PropEquity data indicated a 4 percent decline in housing sales across the top nine cities. Anarock data revealed a 9 percent annual decrease in seven major cities.
Despite the overall sluggishness in sales volumes during the first nine months of the 2025 calendar year, prominent branded and listed entities are performing well, achieving higher sales values and capturing market share from smaller, unorganized, and unbranded developers.
