NEW DELHI: Sobha Ltd, a prominent real estate developer, reported an 11% growth in sales bookings, totaling ₹2,039.3 crore for the fourth quarter of the last fiscal year, driven by increased demand for its residential projects.
The previous year’s pre-sales were ₹1,835.7 crore.
According to a regulatory filing on Friday, Sobha achieved its highest annual sales bookings of ₹8,135.9 crore during the fiscal year 2025-26, up from ₹6,276.5 crore the year before.
“Sobha concluded FY26 on a strong note, maintaining the momentum from the previous three quarters. Despite global uncertainties such as trade policy changes and geopolitical tensions in West Asia, India’s residential real estate sector proved resilient, backed by strong domestic consumption and a stable home-buying environment,” stated the company.
In the last fiscal year, Sobha sold 5.54 million square feet at an average price of ₹14,675 per square foot.
Bengaluru achieved a record, with sales reaching ₹4,478 crore, accounting for 55% of the company’s total sales bookings.
In the Delhi-NCR region, total sales reached ₹2,455 crore, contributing 30% to the overall figure.
The Kerala region contributed ₹808 crore, representing 10% of total sales.
During FY26, Sobha launched 6.01 million square feet across nine projects in six cities.
They completed 3,188 homes, totaling 5.40 million square feet of salable area across various projects.
Bengaluru-based Sobha Ltd is recognized as one of the leading real estate developers in India.
