Sobha Ltd: Launching Rs 22,000 Crore Housing Projects Across Major Cities
Sobha Ltd, a leading real estate firm, is set to launch Rs 22,000 crore worth of housing projects in 18 months across major Indian cities, signaling strong growth in the luxury residential market.
Real EstateLuxury ResidentialHousing ProjectsSobha LtdMarket GrowthReal Estate NewsOct 19, 2025
According to the latest investors' presentation, Sobha Ltd will launch 13 residential projects across Bengaluru, Mumbai, Delhi-NCR, Pune, Chennai, Calicut, Thrissur, and Trivandrum. These projects will cover a total area of 16 million square feet, with an estimated sales value of nearly Rs 22,000 crore.
In addition to the residential projects, Sobha Ltd will also launch two commercial projects with an area of 0.74 million square feet, bringing the total upcoming projects pipeline to 15 projects covering 16.7 million square feet of built-up area.
Sobha Ltd reported a 61% growth in its sales bookings to Rs 1,902.6 crore in the second quarter of this fiscal, up from Rs 1,178.5 crore in the year-ago period. The company sold 13.94 lakh square feet area during the July-September period of this fiscal at an average price realization of Rs 13,648 per square foot.
Sobha Ltd achieved its highest-ever sales bookings during the first six months of this fiscal at Rs 3,981.4 crore, a growth of 30% year-on-year. Jagadish Nangineni, Managing Director of Sobha Ltd, said the growth in pre-sales reflects the steady demand for luxury residential real estate in a growth economy, with improving macroeconomic parameters and timely government interventions.
Nangineni added that the company completed 2.25 million sq ft (1185 homes) in the first half of the 2025-26 fiscal. 'With a clear pipeline of 16.69 million sq ft of future launches in the next six quarters, a strong balance sheet, and a stable demand environment, we are well positioned for growth and to capitalize on potential opportunities,' he stated.
On Friday, Sobha reported a nearly three times increase in its consolidated net profit to Rs 72.52 crore in the second quarter of this fiscal on better income. Its net profit stood at Rs 26.08 crore in the year-ago period. Total income increased to Rs 1,469.3 crore in the July-September period of this fiscal from Rs 965.29 crore in the corresponding period of the preceding year.
Bengaluru-based Sobha Ltd, one of the leading real estate firms in the country, had posted a net profit of Rs 94.68 crore on a total income of Rs 4,162.75 crore in the 2024-25 fiscal. On the operational front, it sold properties worth Rs 6,276.5 crore last fiscal. Sobha has so far delivered 148.02 million square feet of developable area across 27 Indian cities.
Frequently Asked Questions
What is the total value of the housing projects Sobha Ltd plans to launch?
Sobha Ltd plans to launch housing projects worth Rs 22,000 crore.
In which cities will Sobha Ltd launch these projects?
Sobha Ltd will launch projects in Bengaluru, Mumbai, Delhi-NCR, Pune, Chennai, Calicut, Thrissur, and Trivandrum.
What is the estimated sales value of the 13 residential projects?
The estimated sales value of the 13 residential projects is nearly Rs 22,000 crore.
How much has Sobha Ltd's sales bookings grown in the second quarter of this fiscal?
Sobha Ltd's sales bookings grew by 61% to Rs 1,902.6 crore in the second quarter of this fiscal.
What is the total area of the upcoming projects pipeline?
The total upcoming projects pipeline covers 16.7 million square feet of built-up area.
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