Real Estate Sector Resilience: Sobha’s Q4 and FY26 Performance

Real Estate Sector Resilience: Sobha’s Q4 and FY26 Performance.webp

New Delhi, April 4 Sobha Ltd, a real estate firm, reported an 11 per cent increase in its sales bookings to Rs 2,039.3 crore during the fourth quarter of the last fiscal, driven by stronger demand for its residential projects.

Its sales bookings, or pre-sales, stood at Rs 1,835.7 crore in the previous year.

According to its regulatory filing on Friday, Sobha Ltd achieved its highest-ever annual sales bookings of Rs 8,135.9 crore during the 2025-26 fiscal, up 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 shifts in trade policies and geopolitical tensions in West Asia, the Indian residential real estate sector remained resilient, supported by strong 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 realization 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 the Delhi-NCR region, the company achieved a 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.

Sobha Ltd, based in Bengaluru, is one of the leading real estate developers in the country.
 
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bengaluru delhi-ncr fiscal year 2025-26 housing india kerala market trends pre-sales property development real estate real estate sector realization residential properties sales bookings sobha ltd
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