SOBHA Launches Magnus on Bannerghatta Road

SOBHA Limited has confirmed the launch of its newest residential project, SOBHA Magnus, developed under the internal codename 'Sobha Magnum Opus,' in South Bengaluru. Sobha Ltd has launched its newest ultra-luxury residential project, Sobha Magnus, in South Bengaluru, spanning six acres of prime land, the development is located right off Bannerghatta Road, directly opposite Royal Meenakshi Mall—one of the city's most prominent retail and lifestyle destinations. The news emerged as part of the company's operational update for the quarter ended December 31, 2025. Real estate developer Sobha Limited on Saturday reported its highest-ever quarterly real estate sales for the quarter ended December 31, 2025 (Q3 FY26), driven by strong demand across key markets and new project launches.

On the ground, SOBHA Magnus is a low-density, low-rise community rather than a typical tower cluster. SOBHA Magnus in Bangalore is a luxury project spread across 5.78 acres with a saleable area of 589,150 sft, comprising 294 homes. Spread across 5.78 acres, this luxury project offers 294 homes in 3 & 4 BHK configurations, with sizes ranging from 1,250 to 2,578 sq. ft. The homes are arranged across five low-rise wings, keeping the community more intimate than most high-rise developments in the corridor.

What makes this launch newsworthy is its outsized impact on SOBHA's overall numbers. Bengaluru, the company's home ground, recorded its highest-ever quarterly sales, contributing ₹15.12 billion (71.5% of overall value), and this growth was supported by the launch of SOBHA Magnus in South Bangalore. At the company level, Sobha recorded a total sales value of ₹21.15 billion (₹2,115 crore) during the quarter, marking a 52.3% year-on-year growth and an 11.2% increase sequentially. Pricing power also strengthened alongside volumes: Sobha sold 1.37 million sq ft during the quarter at an average price realisation of ₹15,436 per sq ft.

Commenting on the quarter's performance, the developer attributed the momentum to broader market conditions rather than a one-off spike. Sobha said the strong performance reflects resilient residential demand, supported by low home loan rates, robust urban consumption, and improving economic fundamentals. For a project launched mid-quarter to become the single biggest driver of a record result signals unusually strong absorption at launch pricing, which is typically the most closely watched indicator by analysts tracking listed developers.

Location is central to the pitch. SOBHA Magnus sits in Kothnur, a pocket that has quietly densified as large land parcels on Bannerghatta Road have grown scarce. Strategically located just 850 meters from the main Bannerghatta Road, Sobha Magnus enjoys seamless access to essential conveniences and top-tier social infrastructure, with renowned institutions and landmarks such as Royal Meenakshi Mall, Meenakshi Temple, Apollo Hospital, Decathlon, and the upcoming Bannerghatta Metro Station all within a few minutes' drive. Metro connectivity is also on the horizon for the micro-market: the upcoming Pink Line (Phase 2) of Namma Metro is expected to be operational by December 2026 and will link Kalena Agrahara near the project to Nagawara in North Bangalore.

On design, SOBHA has leaned into its biophilic positioning rather than a purely luxury-finishes pitch. The heart of Sobha Magnus lies in its exclusive 13,000 sq. ft. clubhouse, which acts as a vibrant social and recreational hub, with residents able to enjoy a fully equipped gymnasium, indoor games area, multipurpose hall, and dedicated wellness zones. Outdoor spaces follow the same theme, with landscaped gardens, jogging tracks and a mini amphitheatre built into the master plan.

For buyers evaluating the launch, the numbers behind the pitch matter as much as the design language. SOBHA Magnus on Bannerghatta Road is priced from ₹3.33 Cr onwards for its 3-4 BHK eco-luxe apartments, and this launch drove the company's record Q3 FY26 quarter. Completion is scheduled for the back half of the decade, with listings citing a targeted possession of May 2030 — a timeline typical for a 294-unit, in-house-built Sobha project of this scale. Given how the launch has already reshaped one quarter's results, Bannerghatta Road is likely to stay in focus as SOBHA reports subsequent quarters of sales absorption at Magnus.