Sobha Ltd Reports 52% Surge in Q3 Sales Bookings to ₹2,115 Crore

Real estate company Sobha Ltd has reported a 52% increase in sales bookings to ₹2,115.2 crore in the third quarter of this fiscal year. This surge is attributed to higher volumes and price realization amid strong housing demand.

Bengaluru-based Sobha Ltd sold properties worth ₹1,388.6 crore in the same period of the previous year. The company has delivered a historic quarterly performance, achieving the highest-ever real estate sales value of ₹2,115 crore, as mentioned in a regulatory filing.

In terms of volumes, Sobha Ltd sold 13,70,340 square feet during the October-December period of this fiscal year, compared to 10,16,367 square feet in the corresponding period of the preceding financial year. The average price realization also saw an increase, rising to ₹15,436 per square foot from ₹13,663 per square foot.

Out of the total sales, Sobha sold properties worth ₹1,512 crore in Bengaluru and ₹349 crore in the Delhi-NCR market. This distribution highlights the company's strong presence and performance in these key markets.

During the first nine months of the 2025-26 fiscal year, Sobha Ltd's sales bookings rose by 37% to ₹6,096.7 crore from ₹4,440.8 crore in the same period of the previous financial year. For the full 2024-25 fiscal year, Sobha Ltd's sales bookings stood at ₹6,276.5 crore with volumes of 46,79,825 square feet.

Sobha Ltd is one of the leading real estate developers in the country, with a presence across 13 cities, including Mumbai, where it has recently entered. The company's strong performance in the third quarter is a testament to its strategic market presence and ability to meet the growing housing demand.

According to data analytics firm PropEquity, housing sales declined by 16% in the October-December period to 98,019 units across the top 9 cities. Despite this overall decline, Sobha Ltd's performance stands out, reflecting its competitive edge and market resilience.