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Sobha posts pre-sales of ₹2,078 crore in Q1 FY26

Sobha posts pre-sales of ₹2,078 crore in Q1 FY26

Time of India08-07-2025
NEW DELHI:
Sobha
reported its highest-ever quarterly real estate sales in the first quarter of FY26, recording pre-sales of ₹2,078 crore. The company's share of the sales stood at ₹1,717 crore.
The quarterly performance was driven by robust demand across its key markets and the successful launch of
Sobha Aurum
in Greater
Noida
, the company's first project in the city. The total area sold during the quarter stood at 1.44 million sq ft, at an average realization of ₹14,395 per sq ft.
Regional performance
Bengaluru
remained the top contributor with ₹602 crore in sales, followed by Gurugram at ₹352 crore. Kerala contributed ₹210 crore, supported by the launch of additional towers in the Marina One project in Kochi. Tamil Nadu added ₹59 crore, while Hyderabad and Pune saw muted activity due to limited inventory availability.
Deliveries and launches
Sobha delivered 594 residential units across 1.07 million sq ft during the quarter, including projects in Bengaluru, Gurugram, and Chennai.
The company also launched two projects with a combined saleable area of 1.62 million sq ft:
Sobha Aurum, Greater Noida
: 420 units over 701,051 sq ft.
Marina One, Kochi
: 362 units across 920,593 sq ft.
The company's real estate footprint now spans 13 cities.
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