Sobha Limited concluded FY 2026 with its highest-ever annual sales, recording a value of ₹81.36 billion. The company achieved a new sales area of 5.54 million square feet at an average realisation of ₹14,675 per square foot. Despite global uncertainties, India’s residential real estate sector remained resilient, supported by robust domestic consumption and a stable home-buying environment.
In FY 2026, Bangalore led the charge, registering a historic sales value of ₹44.78 billion, contributing 55% to the total sales. The NCR region followed with a sales value of ₹24.55 billion, contributing 30%. Sobha launched two new residential projects in Greater Noida and one serviced residences project in Gurgaon during the year. Kerala contributed ₹8.08 billion to total sales, supported by new towers launched in Marina One, Cochin, and a new project in Trivandrum. Other cities accounted for ₹3.96 billion, representing 5% of total sales.
For Q4 FY26, Sobha recorded a sales value of ₹20.39 billion, with 1.34 million square feet of new sales area at an average price of ₹15,268 per square foot. Bangalore’s sales value was ₹10.37 billion, contributing 51% to overall sales, while the NCR region clocked ₹6.10 billion, supported by the launch of Sobha Rivana towards the end of March 2026.
Sobha’s share of sales value reached a historic high of ₹67.06 billion, reflecting a growth of 35% over FY25. The average realisation improved by 9% over FY25 to ₹14,675 per square foot. The company extended its real estate presence to Greater Noida and Mumbai, launching 6.01 million square feet of saleable area across nine projects in six cities in FY26. Sobha completed 3,188 homes, amounting to 5.40 million square feet of saleable area across multiple projects.
In Q4 FY26, Sobha launched three projects across three cities, with a total saleable area of 3,281,376 square feet. Sobha Woods Whispering Hill in Trivandrum, Sobha Altair in East Bangalore, and Sobha Rivana in Greater Noida were among the new developments, offering a range of 2, 3, and 4-bedroom configurations.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).