Sobha Limited was founded on 7 August 1995 by P. N. C. Menon. The company is headquartered in Dubai, United Arab Emirates, with a corporate office in Bengaluru, India. It operated as Sobha Developers Limited before changing its name to Sobha Limited on 18 August 2014. The company's shares have been publicly listed on the Bombay Stock Exchange and National Stock Exchange since its IPO in 2006, trading under the NSE ticker SOBHA and BSE code 532784.
Bengaluru remains the company's principal market by volume. In FY26, Bengaluru contributed 55% of FY26 sales at ₹4,478 crore, the historic best for the company from this city. The distinguishing feature of SOBHA's model, wherever it builds, is backward integration: unlike listed peers that outsource interiors, glazing, façades, woodwork and concrete, SOBHA runs all of these in-house through its KIADB-Bommasandra factories, which produce concrete blocks and pavers, glazing and metalwork, modular kitchens and wardrobes, doors and furniture for the company's own projects. Each residential unit undergoes 1,456 quality checks before handover, a control system that has made the company's on-time delivery record and construction consistency its primary differentiator in a crowded Bengaluru market.
SOBHA's presence in Koramangala did not begin with its latest launch. Sobha Saptrang, situated off Koramangala behind the Wipro SEZ, was an earlier landmark development spread across 4.71 acres offering 384 units, including 3 BHK apartments. That project was later followed and, in market listings, is often referenced alongside Sobha Sterling Infinia, a ready-to-move development near Agara Lake. Spread over 4.71 acres, it is one of the more spacious housing societies in Bangalore South, and comprises 6 towers offering a total of 233 housing units, with a 3 BHK apartment starting at Rs 3.5 Cr and 4 BHK units offered from Rs 4.64 Cr onwards. A second phase, also marketed as Sobha Infinia, adds 196 exclusive units on 4.7 acres, with an expected possession date of December 2029. Among comparable Koramangala projects tracked by 99acres, Sobha Sterling Infinia appreciated the most in Koramangala, Bangalore, with a growth rate of 15.7% in the last year — a data point that matters to anyone evaluating SOBHA's resale and holding performance in this specific locality rather than the city at large.
The newest addition to this Koramangala line-up is SOBHA Codename Landmark, positioned in the 3 and 4 BHK segment. Listings tracking the project place its starting price at ₹4.10 Cr onwards, with possession slated for December 2030. Like other current SOBHA developments in the neighbourhood, it is positioned with swimming pools, modern gyms, landscaped gardens, children's play areas, 24/7 security, a clubhouse and premium interiors, and carries the sustainability elements — rainwater harvesting and waste-management systems — that have become standard across the brand's newer Bengaluru launches. The project sits within the same immediate catchment as Sobha Saptrang and Sobha Sterling Infinia, meaning a buyer here is entering a stretch of Koramangala where the SOBHA name already has a delivered, occupied track record rather than an unproven one.
Koramangala's structural scarcity is central to the SOBHA investment case here. The average sale price in Koramangala is around Rs 19,650 per sq ft, well above the Bangalore city average of roughly Rs 12,300 per sq ft. 3 BHK and 4 BHK configurations dominate demand, accounting for 41% and 23% of buyer interest respectively — precisely the configurations SOBHA builds here. Over the medium term, flat rates in Koramangala have changed by 11.0% in the last 1 year, 30.1% over 3 years and 30.6% over 5 years.
Connectivity explains why demand holds at these price points. Koramangala is well-connected to Electronic City, the Central Business District and Whitefield, and sits close to the Outer Ring Road, Hosur Road and Sarjapur Road. On rail transit, the nearest metro stations to Koramangala are Central Silk Board and BTM Layout, both on the Yellow Line, roughly 1.5–2.5 km away depending on the block. A second, more direct line is in the pipeline: the planned Red Line alignment involves an elevated corridor near the IT corridor in Sarjapur, transitioning underground at Koramangala before crossing the central business district, with Phase-3A of Namma Metro planned to become operational around December 2030 — coinciding closely with SOBHA Codename Landmark's own possession timeline.
The locality's economic character also shapes who a SOBHA owner here is likely to rent or resell to. Koramangala is the undisputed hub of India's startup ecosystem, home to Flipkart's early offices, Swiggy, Meesho, CRED and hundreds of funded startups. That employment base, combined with established retail and F&B along streets anchored by Forum Mall, keeps the area a self-sustaining end-user market rather than one dependent on a single office corridor.
| Metric | Koramangala |
|---|---|
| Average sale price | Rs 19,650 per sq ft, versus a Bangalore city average of Rs 12,300 per sq ft |
| 1-year price change (flats) | 11.0% |
| 5-year price change (flats) | 30.6% |
| Dominant buyer configuration | 3 BHK (41% of demand) and 4 BHK (23% of demand) |
| Nearest operational metro | Central Silk Board / BTM Layout, Yellow Line, 1.5–2.5 km |
| Upcoming direct metro link | Red Line, underground through Koramangala, targeted around December 2030 |
For a buyer weighing SOBHA specifically in Koramangala, the relevant facts line up in a particular way: a developer with a three-decade, backward-integrated construction model and a Bengaluru business that generated its best-ever year in FY26, layered onto a locality where SOBHA already has two prior, appreciating projects on the ground and a third — Codename Landmark — now under development. The locality's own scarcity of land, its startup-driven employment base, and an incoming metro line timed close to the project's possession window are the external conditions that support long-term value in this specific address, rather than SOBHA's presence being incidental to a generic area guide.
