Sobha registers over 27% growth in Q3 Sales Value

SOBHA, a real estate development firm, recorded new sales value of Rs. 1388 crore in Q3 FY25, reflecting a growth of 27.2% over Q2 of FY 25.

For first 9 months in FY25, 3.12 mn sft of new sales area is sold with a value of Rs. 4441 crore. Average realization improved by 31.3% over same period last year to Rs. 14,226 per sft, aided by price increases in ongoing projects and higher realization in the new project launches during the year, the company said.

According to the company, Bangalore recorded sale value of Rs. 1001 crore with new sale area of 722,886 sft, contributing 72.1% to total sale value, witnessing strong growth of 64.5% in value compared to Q2 25, supported by the launch of SOBHA Ayana.


Additional Gurgaon property sales have improved over last quarter, contributing to 10.3% of total sales. Pune gained good traction as one tower of SOBHA Nesara is close to completion, increasing customer confidence followed by Tamil Nadu region which recorded sale value growth of 79.4% in the first 9 months period, due to new launches and good project progress. Kerala & Hyderabad’s performance was steady in the first nine months, given the inventory in these regions, it said.

For the first 9 months of FY25, 4.66 mn sft across 6 projects in 4 cities were launched.