SOBHA has achieved its highest ever annual sales of Rs. 51.98 billion, 5.65 mn sft with an average price realization of Rs. 9,200/sft. We have successfully launched nine residential projects with total saleable area of 3.96 mn sft and started operations in two new cities – Trivandrum and Hyderabad during FY 2023.
In Q4 of FY23, the company has once again recorded its best ever sales quarter with a value of Rs. 14.63 billion and saleable area of 1.48 mn sft. We launched our first project in Hyderabad, SOBHA Waterfront, in this quarter.
Overall, three projects were launched with a cumulative saleable area of 1.06 mn sft during the quarter. Consistent sales of Sobha’s homes across geographies including new cities showcases our brand strength and efficiency in sales & marketing operations.