Sobha Crescent Phase 1 Sector 106 Gurgaon – Strong 50% Sales
Strong April Launch: Sobha Crescent Reaches 50% Sales Milestone
Sobha Crescent Phase 1 in Gurgaon, launched in April 2026, achieved approximately 50% sales, indicating strong demand traction. The project achieved 50% sales valued at ₹1,100 Crore post-launch.
Launch Context and Market Response
The project launched in April 2026 with RERA approval under RC/REP/HARERA/GGM/1054/786/2026/26. Phase 1 is RERA-registered under RC/REP/HARERA/GGM/1054/786/2026/26 dated 3 April 2026, with overall project completion scheduled for March 2033.
The sales velocity reflects confidence in both the location and Sobha's execution model. Sobha Crescent is Sobha's debut on Golf Course Extension Road, featuring 100% corner-unit floor plates with four residences per floor across 11.99 acres.
Project Composition and Phase 1 Scale
Phase 1 features two residential towers designed to accommodate a total of 336 luxury apartments. Sobha Crescent offers 3 BHK and 4 BHK configurations, with apartment sizes ranging from around 2,277 sq ft to 2,996 sq ft. The full project is planned across 4 towers with around 600 units in total, with Phase 1 already RERA-registered comprising 2 towers and 336 residences across 4.96 acres.
Developer Footprint and Scale
Sobha reported record FY26 sales of ₹8,135.9 Crore, the highest in the company's 30-year history. Sobha Group has expanded its presence across 27 cities in 14 states in India, with a total development portfolio exceeding 136 million square feet. The company has delivered numerous luxury apartments, villas, plotted developments, and commercial spaces, especially in cities like Bangalore, Gurugram, Chennai, Pune, and Kochi.
Sobha is India's only fully backward-integrated real-estate developer, with in-house concrete, glazing, interiors, woodwork, and MEP. Sobha was founded in 1995 and is headquartered in Bangalore.
Location and Connectivity
The development sits at the entry to Golf Course Extension Road, offering 100% corner-unit floor plates with four residences per floor across 11.99 acres. Sobha Crescent is positioned on Golf Course Extension Road in Sector 63A, a corridor that has seen among the sharpest circle rate revisions in the April 2026 update, with residential sectors 63–67 seeing projected increases of around 45% in official valuations.
The development features a 1 lakh sq ft clubhouse anchoring the lifestyle deck, among the largest single-clubhouse footprints announced on Golf Course Extension Road. Connectivity is 20 minutes from Golf Course Extension Road to Cyber Hub via SPR, and 22 km to IGI Airport.
Positioning Within Sobha's FY27 Pipeline
Sobha has outlined approximately 10 million square feet of launches for FY27 across Bengaluru, Gurugram, Hyderabad, and Pune, with additional phases planned in Kerala and Bengaluru. The company has guided for approximately 30% YoY growth in pre-sales for FY27, with approximately 50–55% of sales expected from new launches and the balance from sustenance sales.
The Crescent Phase 1 performance aligns with Sobha's broader FY27 growth trajectory, where new launches are expected to drive the majority of incremental sales across its multi-city portfolio.