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

New Delhi: Real estate company Sobha Ltd has announced a 52% increase in sales bookings to Rs 2,115.2 crore in the third quarter of this fiscal year. This impressive growth is attributed to higher volumes and price realizations, reflecting strong housing demand in the market.

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

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 increased, rising to Rs 15,436 per square foot from Rs 13,663 per square foot.

Out of the total sales, Sobha sold properties worth Rs 1,512 crore in Bengaluru and Rs 349 crore in the Delhi-NCR market. This indicates a strong regional performance, particularly in key urban centers.

During the first nine months of 2025-26, Sobha Ltd’s sales bookings rose 37% to Rs 6,096.7 crore from Rs 4,440.8 crore in the same period of the preceding financial year. For the full 2024-25 fiscal year, Sobha Ltd’s sales bookings stood at Rs 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 in 13 cities, including Mumbai, where it has recently entered. Despite the overall decline in housing sales across the top nine cities, as reported by data analytics firm PropEquity, Sobha Ltd has managed to buck the trend with its strong performance.

The company’s robust sales reflect the continued demand for quality housing in urban areas, driven by factors such as economic stability, favorable interest rates, and a growing preference for well-located properties. Sobha Ltd’s strategic focus on these key markets and its commitment to delivering high-quality projects have been key drivers of its success.

Looking ahead, Sobha Ltd is well-positioned to capitalize on the ongoing housing demand and continue its growth trajectory. The company’s expansion into new markets and its focus on innovation and customer satisfaction are expected to further bolster its performance in the coming quarters.