Sobha Ltd Reports 61% Q2 Sales Growth Driven by Strong Housing Demand
Real estate developer Sobha Ltd reports a significant 61% increase in Q2 sales bookings to Rs 1,902.6 crore, driven by robust demand in key markets like Bengaluru, Delhi-NCR, and Kerala.
Real EstateHousing DemandSobha LtdSales GrowthProperty MarketReal EstateOct 04, 2025
The company had previously sold properties worth Rs 1,178.5 crore in the same period last year. In a regulatory filing, Sobha Ltd informed that they sold 13.94 lakh square feet of area during the July-September quarter at an average price realization of Rs 13,648 per square foot.
Bengaluru played a significant role in the company's success, contributing 69.7% of the quarterly sales with a value of Rs 1,326.4 crore. This was largely due to the improved sales momentum at the SOBHA Town Park project. The Delhi-NCR region contributed Rs 309.7 crore, while the Kerala region added Rs 184.8 crore to the quarterly sales value, driven by a surge in festive demand.
For the first half of 2025-26, Sobha Ltd achieved sales bookings of Rs 3,981.4 crore, marking their best-ever H1 performance. This is a significant improvement from the Rs 3,052.2 crore recorded in the corresponding period of the previous year. During the entire 2024-25 fiscal, Sobha Ltd sold properties worth Rs 6,276.5 crore.
The company attributes the growth to several factors, including the rationalization and simplification of GST rates, a declining interest rate regime, and a low-inflation environment. These factors are expected to further stimulate household consumption and domestic economic activity.
In the latest September quarter, Sobha Ltd completed 1.18 million square feet of saleable area, delivering 591 homes. Despite the overall sluggishness in sales volumes during the first nine months of the 2025 calendar year, big branded and listed entities like Sobha Ltd are performing well, clocking higher sales values and capturing market share from smaller, unbranded developers.
According to PropEquity data, housing sales fell by 4% in the top 9 cities during the July-September period of 2025. Anarock data also indicated a 9% annual fall in 7 major cities. However, these trends have not deterred major players like Sobha Ltd, who continue to thrive in the competitive real estate market.
Frequently Asked Questions
What was the percentage increase in Sobha Ltd's sales booking in Q2?
Sobha Ltd reported a 61% increase in sales booking in Q2 to Rs 1,902.6 crore.
Which regions contributed the most to Sobha Ltd's sales growth?
Bengaluru contributed the most, with 69.7% of the quarterly sales, followed by Delhi-NCR and Kerala.
What factors are driving the growth in housing demand?
The growth is driven by rationalization and simplification of GST rates, a declining interest rate regime, and a low-inflation environment.
How many homes did Sobha Ltd deliver in the latest September quarter?
Sobha Ltd delivered 591 homes in the latest September quarter.
What is Sobha Ltd's best-ever H1 sales performance?
Sobha Ltd achieved sales bookings of Rs 3,981.4 crore in the first half of 2025-26, marking their best-ever H1 performance.
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