Real estate major Sobha Limited has reported a strong operational performance for the quarter ended March 31, 2025 (Q4 FY25), with a sales value of ₹18,357 million and 1.56 million square feet sold at an average realization of ₹11,781 per square foot, reflecting a 22.1% year-on-year growth and 32.2% increase quarter-on-quarter.
For the full year FY25, Sobha clocked a total sales value of ₹62,765 million, with 4.68 million square feet sold at a record average price realization of ₹13,412 per square foot, up 22.8% from FY24. The company also recorded its highest-ever number of launches, introducing eight projects totaling 8.76 million square feet across four cities.
City-wise highlights – Q4 FY25:
-
Bangalore led the growth, contributing 76.6% of Q4 sales with 1.24 million sq ft sold, generating ₹14,060 million, supported by the launch of SOBHA Madison Heights and SOBHA Hamptons in SOBHA Town Park.
-
Gurgaon posted a 25.2% QoQ growth in Q4 and achieved its highest-ever annual sales of ₹12,490 million, aided by two new launches during the year.
-
Kerala remained steady with ₹1,280 million in Q4 sales, while Hyderabad saw a significant 115.5% YoY growth and 44.7% QoQ rise.
-
Tamil Nadu posted a 53.7% YoY jump in Q4 sales value at ₹371 million, supported by two plotted development projects launched in FY25.
Major project launches in Q4:
-
SOBHA Madison Heights & SOBHA Hamptons – Bengaluru
-
Total saleable area: 3.67 million sq ft
-
Comprises 13 wings, 2,104 apartments (1BHK to 4BHK), ranging from 754 to 2,846 sq ft
-
-
Chartered Birdsong (Plotted Development) – Bengaluru
-
Spread across 18.38 acres, saleable area of 0.44 million sq ft
-
Developed under the Development Management model
-
The company’s Sobha Share of total sales stood at ₹13,702 million in Q4 FY25, accounting for 74.6% of the quarter’s overall sales.
Despite ongoing global trade uncertainties, the company notes that India’s economic fundamentals remain robust, with the IMF and CRISIL projecting 6.5% growth in FY26. The continued demand for residential housing across top cities and a strong commercial real estate market are expected to support future growth for developers like Sobha.
Disclaimer: The information in this update contains forward-looking statements subject to risks and uncertainties. Actual outcomes may vary from those expressed or implied.
