The Bengaluru-based company sold properties worth Rs 675.1 crore during the second quarter of this fiscal, of which the company's share was Rs 592.7 crore.
Sobha had achieved a sales bookings of Rs 551.2 crore in the same period last year and out of that the company's share was Rs 518.2 crore.
"The company during the second quarter achieved new sales volume of 8,61,084 sq ft total valued at Rs 675.1 crore with an average realisation of Rs 7,840 per sq ft," Sobha said.
"Our operational performance for the second quarter needs to be viewed in the backdrop of an environment where both RERA and GST came into force. While it is believed that the sector did get impacted, Sobha has shown not only a steady, but also an improved performance for the quarter," Sobha said in an investor update.