# Sobha Beats FY27 Pre-Sales Guidance

> Sobha's Q2FY27 pre-sales surge to ₹2,206 crore, poised to exceed full-year target.
- Title: Sobha Beats FY27 Pre-Sales Guidance · mint | Shortify
- Summary: Sobha's Q2FY27 pre-sales surge to ₹2,206 crore, poised to exceed full-year target. Sobha's Q2FY27 pre-sales rose 16% YoY to ₹2,206 crore, meeting 59% of FY27…
- Keywords: sobha, fy27, pre-sales, real estate, bengaluru, gurugram, hdfc securities, real estate sector, money, business, Beats, Guidance
- Source: mint — https://livemint.com/market/mark-to-market/sobha-q2fy27-presales-real-estate-bengaluru-guidance-11791180382945.html
- Author: Harsha Jethmalani
- Published: 2026-10-05T07:21:43+00:00
- Read time: 1 min
- Topics: sobha, fy27, pre-sales, real estate, bengaluru, gurugram, hdfc securities, real estate sector, money, business
## Sobha Q2FY27 Pre-Sales
Sobha's Q2FY27 pre-sales rose 16% year-on-year to ₹2,206 crore, its second-highest quarterly figure.

> Sobha's Q2FY27 pre-sales rose 16% year-on-year to ₹2,206 crore, its second-highest quarterly figure
## Record First-Half Performance
Pre-sales reached ₹5,862 crore in H1FY27, up 47% year-on-year, the highest half-yearly sales by value.

> Pre-sales touched ₹5,862 crore in H1FY27, up 47% year-on-year, the highest half-yearly sales by value
## Bengaluru and Gurugram Traction
Bengaluru contributed almost 58% to pre-sales in H1, followed by National Capital Region (34%).

> Bengaluru contributed almost 58% to pre-sales in H1, followed by the National Capital Region (34%)
## Q2 Project Launches
Sobha Boulevard in Mysuru and Sobha Bellevue in Kozhikode drove Q2 pre-sales growth.

> Sobha Boulevard, a premium plotted development project in Mysuru, and Sobha Bellevue, a super-luxury residential development in Kozhikode in Kerala
## HDFC Securities Outlook
HDFC Securities expects ₹6,000 crore of new launches in Q3, requiring ₹4,140 crore in H2 pre-sales to hit ₹10,000 crore guidance.

> HDFC Securities expects ₹ 6,000 crore of new launches in Q3 including projects in Bengaluru, Gurugram and Hyderabad
## Margin Improvement Potential
Ongoing projects have higher mix of high-margin projects expected to boost margins from Q3.

> Ongoing projects have a higher mix of high-margin projects, which are expected to come up for recognition from H2, and this can help an uptick in margins from Q3
## Key takeaway

Sobha's Q2FY27 pre-sales rose 16% YoY to ₹2,206 crore, meeting 59% of FY27 guidance with strong Bengaluru and Gurugram traction.