SOBHA Deepens Pune Presence With Nesara in Kothrud

SOBHA Limited is stepping up its play in Pune, and SOBHA Nesara in Kothrud sits at the centre of that push. In FY27, Sobha plans to launch nearly 10 million square feet of projects across Bengaluru, Gurgaon, Hyderabad, Thrissur, and Pune, backed by a strong pipeline of 20.67 million square feet planned over the next six to eight quarters. The move comes after a period of relative quiet in the city. Analysts at JM Financial had earlier flagged that Sobha intends to further accelerate launches and has identified a pipeline including its first project in Mumbai and another in Pune, after a long hiatus. Nesara is the clearest sign yet that this hiatus is over.

SOBHA Nesara sits in one of Pune's most established western neighbourhoods. SOBHA Nesara Kothrud is a project by SOBHA Limited situated in the most premium location of Kothrud, Pune, at Survey No. 77/1, Plot 31, Jijau Masaheb Marg, near Chandni Chowk, offering 3, 3.5, and 4 BHK Flats with the availability of Jodi Apartments. The address places residents close to the foothills of the NDA Hills while keeping the city centre within easy reach.

Scale-wise, the project is compact but dense. The project is spread over an area of 3 acres, with around 293 units on offer across 3 towers with 23 floors, developed in 3 phases. This tower-and-phase structure is typical of SOBHA's approach of releasing inventory in stages rather than launching an entire project at once, which helps manage construction timelines and pricing.

On the lifestyle side, Nesara leans heavily into recreation. SOBHA Limited's Pune property features amenities like a swimming pool, celebration arena, open-air deck, jogging track, sunset deck, pool bar, sensory garden, water cascade, kids' pool, children's play area, climbing wall, putting green, pet park, cricket pitch, clubhouse with gym, indoor games, badminton court, jacuzzi, steam and sauna, library and cafeteria, salon and spa, creche, reception lounge, multipurpose hall, and coworking space. A rarer addition for a mid-sized Pune project is golf: the project also has a golf course, an exclusive offering only for Sobha Nesara residents. Connectivity is anchored by the highway and metro network — SOBHA Nesara Kothrud has excellent connectivity via Mumbai-Bangalore Highway (0 km), Vanaz Metro Station (2.7 km), and the proposed Chandni Chowk Metro Station (0.5 km).

Pricing reflects SOBHA's premium positioning in the micro-market. SOBHA Nesara offers 3, 3.5, 4 & 4.5 BHK luxury apartments and flats ranging from 2058 to 3546 sq. ft., starting from INR 3.05 Crore. On the delivery timeline, the project is scheduled for possession in March 2026. Buyers can verify these details directly, since SOBHA Nesara is an RERA-authorized project with MahaRERA number P52100020057.

The Kothrud launch also lands against a backdrop of strong company performance. Sobha delivered a record operational performance in FY26, achieving its highest-ever annual pre-sales of ₹8,140 crore, up 30 per cent year-on-year. That momentum has carried into the new fiscal year: pre-sales surged to roughly ₹3,660 crore in Q1FY27, up 76 per cent year-on-year and 79 per cent quarter-on-quarter, with sales volumes rising 62 per cent year-on-year to 23.4 lakh sq. ft. Brokerages have taken note — Kotak Securities' Head of Equity Research Shrikant Chouhan has maintained an ADD rating with a SoTP-based fair value of ₹1,700 on the stock.

For homebuyers, the bigger story is what Kothrud itself offers. Located in western Pune, yet just 10 minutes from the central part of the city, Kothrud has rapidly transformed from a quiet area into a vibrant residential and commercial locale, with strategic connectivity to Hinjewadi, Baner, Deccan, Shivajinagar, and Sadashiv Peth. That connectivity is backed by strong resident sentiment — Kothrud is considered a luxury locality compared to surrounding areas, ranks #1 in the Top 100 localities in Pune Central, and existing residents give it an average rating of 4.4 out of 5.

With Nesara progressing toward its 2026 handover and SOBHA's FY27 pipeline signalling more launches to come, Kothrud looks set to remain a focal point of the developer's western India strategy for some time.