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Godrej Properties
Godrej Properties is expecting to maintain its growth trajectory on strong consumer demand for homes and has set a target to achieve a 14 per cent increase in pre-sales this fiscal to Rs 39,000 crore, its executive chairperson Pirojsha Godrej said. In an interview with PTI, he highlighted that the company has performed very well during the last four years on key financial and operational metrics and said the company sees "no hindrance" in meeting the growth target for the current fiscal despite global uncertainties. However, Pirojsha said the company would remain "watchful" and "careful" to uncertainties caused by West Asia conflict for making any adjustment in its business plan. "We are feeling pretty good about the year ahead. Of course, we have to be a little bit careful with what happens globally. But, overall, feeling pretty good about where things stand at the moment. Demand continues to be quite strong," he said. Pirojsha noted that the Indian real estate market is witnessin
Realty firm Godrej Properties on Monday reported a 70 per cent increase in consolidated net profit to Rs 649.88 crore for the quarter ended March on higher income. Its net profit stood at Rs 381.99 crore in the year-ago period. Total income rose to Rs 3,806.65 crore during January-March quarter of 2025-26 fiscal from Rs 2,681.06 crore in the corresponding period of the preceding year, according to a regulatory filing. During the full 2025-26 fiscal, the company's net profit grew to Rs 1,850.20 crore from Rs 1,399.89 crore in the preceding year. Total income rose to Rs 8,410.88 crore in the last fiscal from Rs 6,967.05 crore in the 2024-25 fiscal. Godrej Properties is one of the leading real estate developers in the country.
Godrej Properties Ltd on Friday reported a 16 per cent increase in its sales bookings last fiscal to a record 34,171 crore on strong demand for its housing units. In terms of sales bookings or pre-sales, Godrej Properties is likely to become the largest listed real estate firm during 2025-26. Godrej Properties had set a target of achieving Rs 32,500 crore pre-sales in the last fiscal. "FY2026 booking value grew 16 per cent YoY to Rs 34,171 crore. This was achieved through the sale of 17,515 units with a total area of 27 million sq ft, a YoY volume growth of 5 per cent. This is the highest ever full year booking value and volume announced by any listed real estate developer in India to date," Godrej Properties said in a regulatory filing. The sales bookings in Mumbai Metropolitan Region (MMR) stood at Rs 10,313 crore last fiscal, followed by Bengaluru (Rs 8,802 crore), Delhi NCR (Rs 7,410 crore), Pune (Rs 3,659 crore) and Hyderabad (Rs 2,360 crore). Gaurav Pandey, MD & CEO, Godrej
Godrej Properties Ltd on Friday reported a 16 per cent increase in its sales bookings last fiscal to a record 34,171 crore on strong demand for its housing units. In terms of sales bookings or pre-sales, Godrej Properties is likely to become the largest listed real estate firm during 2025-26. Godrej Properties had set a target of achieving Rs 32,500 crore pre-sales in the last fiscal. "FY2026 booking value grew 16 per cent YoY to Rs 34,171 crore. This was achieved through the sale of 17,515 units with a total area of 27 million sq ft, a YoY volume growth of 5 per cent. This is the highest ever full year booking value and volume announced by any listed real estate developer in India to date," Godrej Properties said in a regulatory filing. The sales bookings in Mumbai Metropolitan Region (MMR) stood at Rs 10,313 crore last fiscal, followed by Bengaluru (Rs 8,802 crore), Delhi NCR (Rs 7,410 crore), Pune (Rs 3,659 crore) and Hyderabad (Rs 2,360 crore). Gaurav Pandey, MD & CEO, Godrej
Realty firm Godrej Properties Ltd has acquired 20 acres in Bengaluru to develop a housing project with an estimated revenue of Rs 1,350 crore. In a regulatory filing on Wednesday, the company said it has acquired a 20-acre land parcel in East Bengaluru. Godrej Properties did not mention the land cost. "The company plans to develop a premium residential project on this site with an estimated revenue potential of approximately Rs 1,350 crore," the company said. Godrej Properties, one of India's leading real estate developers, has a strong presence in Mumbai Metropolitan Region, Pune, Bengaluru, Delhi-NCR, and Hyderabad. The company sells housing plots in smaller cities.
Godrej Properties Ltd has bought a 44-acre land in Coimbatore to develop a housing project with an estimated revenue of Rs 450 crore. In a regulatory filing on Friday, the company informed that it has acquired the land parcel through an outright purchase and will launch housing plots in this upcoming project. "The company plans to develop a premium plotted residential project with a developable potential of 1.1 million square feet and an estimated revenue potential of Rs 450 crore," it added. Godrej Properties did not share the land cost. Gaurav Pandey, MD & CEO of Godrej Properties, said the company's entry into Coimbatore property market aligns with its strategy of expanding into high-potential cities across India for plotted development. "Coimbatore's strong economic base and resilient end-user demand make it a compelling market. We look forward to developing a high-quality plotted community that strengthens our presence in South India," he said. Godrej Properties is one of th
Godrej Properties Ltd has bought a 44-acre land in Coimbatore to develop a housing project with an estimated revenue of Rs 450 crore. In a regulatory filing on Friday, the company informed that it has acquired the land parcel through an outright purchase and will launch housing plots in this upcoming project. "The company plans to develop a premium plotted residential project with a developable potential of 1.1 million square feet and an estimated revenue potential of Rs 450 crore," it added. Godrej Properties did not share the land cost. Gaurav Pandey, MD & CEO of Godrej Properties, said the company's entry into Coimbatore property market aligns with its strategy of expanding into high-potential cities across India for plotted development. "Coimbatore's strong economic base and resilient end-user demand make it a compelling market. We look forward to developing a high-quality plotted community that strengthens our presence in South India," he said. Godrej Properties is one of th
Realty firm Godrej Properties Ltd has partnered with a landowner to develop an 18-acre housing project in the Mumbai region with an estimated revenue potential of over Rs 7,500 crore, as part of its expansion plan. In a regulatory filing on Monday, the Mumbai-based company informed that it has "entered into a joint development agreement to develop an 18-acre land parcel in Thane, Mumbai. The company did not name the landowner with whom it has signed the agreement. "The proposed development will be a largely residential project with an estimated revenue potential of over Rs 7,500 crore," it said. To expand its business, Godrej Properties buys land outright and also enter into joint development arrangement with landowners to develop housing projects. Gaurav Pandey, MD & CEO of Godrej Properties, said, "Strategic expansions in high-potential micro- markets are central to our growth strategy and our focus on creating enduring value for homebuyers." Thane has evolved into one of the .