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Sobha's HI shines; timely approvals, launches remain key
Mint Hyderabad
|October 07, 2025
Realty developer Sobha Ltd closed HIFY26 on a strong note, sustaining the pre-sales momentum seen in QIFY26.
Pre-sales, or bookings, in Q2 rose 61.4% year-on-year (yo-y) to ₹1,903 crore, taking the HIFY26 total to ₹3,981.4 crore against the FY26 target of ₹8,000-8,500 crore. This marks Sobha’s best-ever HI pre-sales.
Strong absorption (sales) in the existing Sobha Town Park project in Bengaluru largely drove Q2 pre-sales, Sobha also launched a boutique luxury villa project in north Benga-luru, though there were no major new launches last quarter.
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