Sobha Ltd to Launch Rs 22,000 Crore Housing Projects in Next 18 Months
Sobha Ltd, one of India's leading real estate developers, is set to launch residential and commercial projects worth Rs 22,000 crore over the next 18 months, tapping into the strong demand for luxury housing.
Real EstateSobha LtdHousing ProjectsLuxury ResidentialCommercial ProjectsReal Estate NewsOct 19, 2025
The company plans to develop a total of 16 million square feet of area in these 13 projects, with an estimated sales value of nearly Rs 22,000 crore. Additionally, Sobha Ltd will launch two commercial projects, covering an area of 0.74 million square feet. This will bring the total forthcoming projects pipeline to 15 projects, encompassing 16.7 million square feet of built-up area.
Sobha Ltd has reported a significant 61% growth in its sales bookings to Rs 1,902.6 crore in the second quarter of the current fiscal year, up from Rs 1,178.5 crore in the previous year. During the July-September period, the company sold 13.94 lakh square feet of area at an average price realization of Rs 13,648 per square foot. The first six months of the fiscal year saw the highest-ever sales bookings at Rs 3,981.4 crore, representing a 30% year-on-year growth.
Jagadish Nangineni, Managing Director of Sobha Ltd, attributed this growth to the steady demand for luxury residential real estate in a growing economy, enhanced by improving macroeconomic parameters and timely government interventions. The company completed 2.25 million square feet (1,185 homes) in the first half of the 2025-26 fiscal year.
Nangineni stated, “With a clear pipeline of 16.69 million square feet 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.”
On a financial note, Sobha Ltd reported a nearly threefold increase in its consolidated net profit to Rs 72.52 crore in the second quarter of the current fiscal year, up from Rs 26.08 crore in the same period last year. Total income also saw a substantial rise to Rs 1,469.3 crore in the July-September period, compared to Rs 965.29 crore in the corresponding period of the preceding year.
Bengaluru-based Sobha Ltd is one of the leading real estate firms in the country. In the 2024-25 fiscal year, the company posted a net profit of Rs 94.68 crore on a total income of Rs 4,162.75 crore. On the operational front, it sold properties worth Rs 6,276.5 crore last fiscal. Sobha has delivered a total of 148.02 million square feet of developable area across 27 Indian cities, solidifying its position in the real estate market.
Sobha Ltd's aggressive expansion plans and robust financial performance underscore its commitment to delivering high-quality residential and commercial projects, aligning with the growing demand for luxury real estate in India.
Frequently Asked Questions
What is the total value of the new projects Sobha Ltd is launching?
Sobha Ltd is launching residential and commercial projects worth Rs 22,000 crore over the next 18 months.
In which cities will Sobha Ltd launch its new projects?
The new projects will be launched in Bengaluru, Mumbai, Delhi-NCR, Pune, Chennai, Calicut, Thrissur, and Trivandrum.
What is the total area of the new residential projects?
The total area of the new residential projects is 16 million square feet.
How much did Sobha Ltd's sales bookings grow in the second quarter of the current fiscal year?
Sobha Ltd's sales bookings grew by 61% to Rs 1,902.6 crore in the second quarter of the current fiscal year.
What is Sobha Ltd's position in the Indian real estate market?
Sobha Ltd is one of the leading real estate firms in India, having delivered 148.02 million square feet of developable area across 27 Indian cities.
Related News Articles
Large Cap Mutual Funds: Understanding Performance and Strategy
Large-cap mutual funds are considered more secure, but Mirae Asset Large Cap has underperformed due to its disciplined investment strategy, focusing on strong growth sectors like infrastructure and real estate.
Market Rally Analysis: Manish Chokhani's Insights on India's Growth Potential
Manish Chokhani, Director of Enam Securities, shares his views on the current market rally and potential red flags at the India Today Conclave 2024.
MahaRERA Orders Tata Housing to Refund Buyer After Deducting 2% of Total Cost
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed Tata Housing Development Company Ltd to refund the money paid by a homebuyer after deducting 2% of the total consideration. This decision comes after the builder failed to execute th
Understanding Property Registration and Charges in Mumbai
In Mumbai, the real estate market has seen significant growth, particularly during the festive season. The city's property registration process and associated charges, including stamp duty, play a crucial role in this trend. This guide provides a detailed
551 Candidates File Nominations for 21 Assembly Seats in Pune District
A total of 551 candidates have submitted their nominations for the 21 Assembly seats in Pune district. The highest number of candidates is from the Pimpri constituency, with 39 nominations, while the Junnar constituency has the lowest with 17 nominations.
AP CM N Chandrababu Naidu Pledges Full Support to Real Estate Sector
Andhra Pradesh Chief Minister N Chandrababu Naidu has assured full support to the real estate sector, predicting significant growth in the coming years. He emphasized the importance of proper permissions and sustainable development.