SOBHA’s Record Sales of Rs. 1388 Crore in Q3 FY25!

SOBHA, a real estate development company, saw huge success in the third quarter of FY25, making sales of Rs. 1388 crore. This is a big jump of 27.2% compared to the previous quarter!

So far this year, in the first nine months, they sold a total area of 3.12 million square feet, bringing in Rs. 4441 crore. This means they are getting more money for their properties, with an average price of Rs. 14,226 per square foot, which is up by 31.3% from last year. This rise is thanks to higher prices in current projects and successful new launches.

In Bangalore alone, they sold Rs. 1001 crore worth of property, making up 72.1% of their total sales. This is an increase of 64.5% from the last quarter, mainly due to the successful launch of SOBHA Ayana.

Sales in Gurgaon also grew this quarter, making up 10.3% of total sales. Pune is seeing good sales, too, especially with one tower of SOBHA Nesara nearly finished, boosting customer confidence. The Tamil Nadu region had impressive sales with a growth of 79.4% in the first nine months, thanks to new launches and projects progressing well.

Sales in Kerala and Hyderabad remained steady due to the available inventory.

In total, during the first nine months of FY25, SOBHA launched 4.66 million square feet across six projects in four cities.

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