NEW DELHI, Apr 4: Realty firm Sobha Ltd has reported an 11 per cent increase in its sales bookings to Rs 2,039.3 crore during the fourth quarter of the last fiscal, following better demand for its residential projects.
Its sales bookings, or pre-sales, stood at Rs 1,835.7 crore in the year-ago period.
According to its regulatory filing on Friday, Sobha Ltd has achieved its highest-ever annual sales bookings of Rs 8,135.9 crore during the 2025-26 fiscal from Rs 6,276.5 crore in the preceding year.
“Sobha concluded FY26 on a strong note, sustaining the momentum built over the previous three quarters. Despite global uncertainties, including trade policy shifts and geopolitical tensions in West Asia, India’s residential real estate sector remained resilient, supported by robust domestic consumption and a stable home-buying environment,” the company said.
In the last fiscal, the company sold 5.54 million square feet at an average realisation of Rs 14,675 per square foot.
Bengaluru recorded its historic best, registering sales value of Rs 4,478 crore, which is 55 per cent of the company’s total sales bookings.
In Delhi-NCR, the company clocked total sales value of Rs 2,455 crore, contributing 30 per cent.
The Kerala region contributed Rs 808 crore to total sales (10 per cent).
During the last fiscal, Sobha launched 6.01 million sq ft of saleable area across 9 projects in 6 cities in FY26.
It completed 3,188 homes, amounting to 5.40 million sq ft of saleable area, across multiple projects.
Bengaluru-based Sobha Ltd is one of the leading real estate developers in the country. (PTI)
Follow our WhatsApp channel
