Gurugram surpassed home ground Bengaluru with over ₹ 850 crore in quarterly sales during the April-June period of FY25 to become the top performer for real estate developer Sobha Ltd. According to details cited in the company's investor presentation, over the next 6-8 quarters, Sobha Ltd is expected to launch three residential projects spanning a saleable area of 3.46 million square feet, alongside two commercial projects including a leasable area of 7.
9 lakh square feet in this satellite city. Sobha’s peers, Puravankara Limited and Prestige Estates are also eyeing a piece of the NCR market with their debuts anticipated in upcoming quarters. While Prestige is confident about the October - December period of the ongoing fiscal, Puravankara is estimating a FY26 timeline.
Sobha’s first quarter performance in Gurugram came largely on the back of nearly 3 lakh square feet of real estate sold in Sobha Aranya, an uber luxury residential project launched in Sector 80 of the satellite city during Q1. The project accounted for 88% of the total area sold in the city during the three-month period. Also Read: Puravankara Limited hopes to foray into the Delhi-NCR market in FY26 Spanning across 31.
28 acres of land parcel located within a 270-acre biodiversity park of Karma Lakelands, Sobha Aranya comprises five towers with over 40 floors each. They house 92 3BHK units and 432 four BHK units amounting to a total saleable area of nearly 2 million square feet. Units are priced over ₹ 5.