Sobha Ltd Q3 sales bookings jump 52% To `2,115 cr on better housing demand

Real estate company Sobha Ltd has reported a 52 per cent increase in sales bookings to Rs2,115.2 crore in the third quarter of this fiscal, driven by higher volumes and price realisation amid strong housing demand.

Bengaluru-based Sobha Ltd sold properties worth Rs1,388.6 crore in the year-ago period. The company has "delivered a historic quarterly performance, achieving the highest ever real estate sales value of Rs2,115 crore...," Sobha Ltd said in a regulatory filing on Saturday.