Realty firm SOBHA Ltd achieved its highest-ever quarterly real estate sales of ₹2,115 crore in Q3 FY26, representing a significant 52.3% increase from ₹1,389 crore in Q3 FY25 and 11.2% growth from ₹1,903 crore in Q2 FY26. SOBHA's share of the sales value reached ₹1,818 crore, representing 85.9% of total sales. The quarter saw new sales covering 1.37 million square feet with an average price realisation of ₹15,436 per square foot. According to the company, the strong performance reflects resilient residential demand, supported by low home loan rates, robust urban consumption, and improving economic fundamentals.
Bengaluru recorded the highest quarterly sales for the city at ₹1,512 crore, contributing 71.5% of total value with a new sales area of 1.02 million square feet, supported by the launch of SOBHA Magnus. The NCR region contributed ₹349 crore, driven by the launch of the serviced apartment project SOBHA Strada in Sector 106, Gurgaon. Kerala added ₹154 crore in sales, growing 18.03% compared to Q3 FY25. The Bengaluru performance represents a 51% year-on-year growth, making it the top-performing market for the company.
The company launched its first project in Mumbai, SOBHA Inizio, a luxury residential project located in Sewri-Parel, marking its entry into a new city. During Q3 FY26, SOBHA launched three new projects across three cities with a saleable area of 9.32 lakh square feet, bringing cumulative new launches for 9M FY26 to 2.58 million square feet. The three launches included SOBHA Magnus in South Bengaluru, SOBHA Strada serviced apartment and retail development in Gurgaon, and SOBHA Inizio in Mumbai. The company now operates in 13 cities across India with this strategic expansion into the Mumbai market.
For the nine months ended December 31, 2025, SOBHA achieved a total sales value of ₹6,097 crore from 4.21 million square feet of new sales area, representing a 37.3% increase over ₹4,441 crore in 9M FY25. The average price realisation for the nine-month period stood at ₹14,486 per square foot. The company completed 1.39 million square feet in Q3 FY26, delivering 915 homes and taking cumulative completions for 9M FY26 to 3.64 million square feet, or 2,100 homes.
On Friday (January 2), shares of SOBHA Ltd ended at ₹1,495.00, up by ₹32.20, or 2.20%, on the BSE, reflecting positive market response to the company's strong quarterly performance. The company remains focused on disciplined growth, timely project execution, and expanding its presence in key metropolitan markets.
