Sobha Ltd Surges Ahead with 52% Increase in Q3 FY26 Sales Bookings to ₹2115 Crore
NEW DELHI: Real estate company Sobha Ltd has reported a 52% increase in sales bookings to ₹2,115.2 crore in the third quarter of the current fiscal year. This surge is attributed to higher volumes and improved price realization amid strong housing demand.
Bengaluru-based Sobha Ltd sold properties worth ₹1,388.6 crore in the same period last year. The company has delivered a historic quarterly performance, achieving the highest ever real estate sales value of ₹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 previous financial year. The average price realization increased 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. The company has a significant presence in Bengaluru, which continues to be a key market for Sobha Ltd.
During the first nine months of 2025-26, Sobha Ltd's sales bookings rose 37% to ₹6,096.7 crore from ₹4,440.8 crore in the same period of the previous financial year. For the full fiscal year 2024-25, 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 positioning and ability to meet the growing demand for housing.
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, Sobha Ltd's performance stands out, highlighting the company's resilience and market leadership in the real estate sector.
Sobha Ltd's success in the third quarter of FY26 is a significant achievement, reflecting the company's commitment to delivering high-quality projects and meeting the evolving needs of homebuyers. The company's strong financial performance is expected to continue, driven by ongoing market demand and strategic expansion into new markets.
