Sobha’s April-June Sales Rise 11% To ₹20.8 Billion, Led By Greater Noida Launch

Sobha Ltd. posted an 11% on-year rise in sales to ₹20.8 billion for the June quarter, supported by strong response to its new project Sobha Aurum in Greater Noida and fresh additions of 1.44 million sq ft of saleable area.

However, average realisation fell to ₹14,395/sq ft from ₹15,941 a year ago.

Bengaluru remained the top contributor with ₹6.02 billion in sales, while Gurugram posted ₹3.52 billion, maintaining momentum for the fourth straight quarter. Kerala clocked ₹2.10 billion, aided by four new towers at Marina One in Kochi.

Sales in Tamil Nadu were stable at ₹587 million, while Hyderabad and Pune stayed muted on account of low inventory. Sobha is now present in 13 Indian cities.