Bengaluru — Leading real estate developer SOBHA Limited has reported a historic operational performance for the third quarter of FY 2026, clocking its highest-ever quarterly sales value of ₹21.15 billion (₹2,115 Crore). The company achieved a robust year-on-year (YoY) growth of 52.3% compared to Q3 FY25, driven by record demand in Bengaluru and a strategic entry into the Mumbai market.
Key Highlights: Q3 FY 2026
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Total Sales Value: ₹21.15 Billion (Up 52.3% YoY).
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SOBHA Share of Sales: ₹18.18 Billion (Highest ever).
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Average Price Realization: ₹15,436 per sq. ft. (Up from ₹13,663 in Q3-25).
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New Sales Area: 1.37 Million sq. ft..
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New Launches: 3 projects covering 2.58 Mn sq. ft. across Mumbai, Bengaluru, and Gurgaon.
Strategic Expansion: Mumbai Entry with SOBHA Inizio
A major milestone for the quarter was SOBHA’s official entry into the Mumbai real estate market with the launch of SOBHA Inizio.
Located in the prime Sewri-Parel belt, the project is developed on 1.03 acres of land. The developer has launched Phase I comprising 134 luxury homes in 1, 2, and 3 BHK configurations.
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Project Details: SOBHA Inizio marks the “Inception of Perfection” for the brand in Mumbai, offering unit sizes ranging from 498 to 1,225 sq. ft..
Regional Performance: Bengaluru & NCR
The developer strengthened its footprint in its existing strongholds with significant new inventory:
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Bengaluru: The company’s home ground recorded its highest-ever quarterly sales, contributing ₹15.12 billion (71.5% of overall value). This growth was supported by the launch of SOBHA Magnus in South Bangalore.
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Magnus Details: Spread across 5.78 acres, this luxury project offers 294 homes in 3 & 4 BHK configurations, with sizes ranging from 1,250 to 2,578 sq. ft..
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NCR (Gurgaon): The region contributed ₹3.49 billion to the sales tally. This was backed by the launch of SOBHA Strada in Sector 106, Gurgaon.
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Strada Details: A unique commercial development spread over 2.03 acres, featuring 222 serviced apartment units (Studio/1 BHK) alongside retail spaces.
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Economic Resilience & 9M Overview
Despite global geopolitical volatility, the company noted that the Indian economy remains resilient, with real GDP growing at 8.2% in Q2 and expected to hold at ~7.5% for Q3 FY26.
For the first nine months of FY 2026 (9M-26), SOBHA has achieved a cumulative sales value of ₹60.97 billion, a growth of 37.3% over the previous year. During the quarter, the developer also completed 1.39 Mn sq. ft., delivering 915 homes to customers.
According to the official operational update filed with the exchanges , the sustained residential demand is being supported by low home loan rates and surging domestic consumption. Other ongoing premium developments like SOBHA Infinia continue to see strong traction, aligning with the company’s focus on luxury segments.
