Godrej Properties

With projects worth ₹32,000 crore lined up for launch in H2 FY27, Godrej Properties is banking on timely execution and strong sustenance sales to meet its full-year bookings target.

Realty firm Godrej Properties' sales bookings is expected to rise 22 per cent this fiscal to a record Rs 41,500 crore, beating annual guidance on strong demand for its housing properties, according to its Chairperson Pirojsha Godrej. In an interview with PTI, Pirojsha Godrej noted that consumer demand has been "quite strong" in the company's new as well as ongoing residential projects across all markets where it has a presence. Even for the overall real estate market, he said the housing demand has "held up" and is "quite steady" despite the West Asia crisis causing global economic uncertainties. Pirojsha said the company was on track to meet annual guidance or exceed it across all key metrics, including sales bookings, launches, collection of funds from customers, deliveries of projects and land acquisition. "In the second half of the financial year, we expect anywhere between Rs 22,500 crore and 25,000 crore of sales. Even the bottom end of that gets us to past guidance, and the

Realty firm Godrej Properties' sales bookings is expected to rise 22 per cent this fiscal to a record Rs 41,500 crore, beating annual guidance on strong demand for its housing properties, according to its Chairperson Pirojsha Godrej. In an interview with PTI, Pirojsha Godrej noted that consumer demand has been "quite strong" in the company's new as well as ongoing residential projects across all markets where it has a presence. Even for the overall real estate market, he said the housing demand has "held up" and is "quite steady" despite the West Asia crisis causing global economic uncertainties. Pirojsha said the company was on track to meet annual guidance or exceed it across all key metrics, including sales bookings, launches, collection of funds from customers, deliveries of projects and land acquisition. "In the second half of the financial year, we expect anywhere between Rs 22,500 crore and 25,000 crore of sales. Even the bottom end of that gets us to past guidance, and the

Record first-half bookings and higher cash collections offset weak quarterly earnings, as total income rises 38% year-on-year

Godrej Properties has lined up project launches worth over ₹32,000 crore for H2 FY27, even as its Q2 net profit fell 62% YoY to ₹154 crore, while cash collections rose 31%

Realty firm Godrej Properties on Friday reported a 62 per cent decline in its consolidated net profit to Rs 154.15 crore for the quarter ended September, on higher expenses. Its net profit stood at Rs 405.08 crore in the year-ago period. Total income rose to Rs 2,571.73 crore in the second quarter of this fiscal from Rs 1,950.05 crore in the corresponding period of the preceding year, according to a regulatory filing. Godrej Properties is one of the leading real estate developers in the country.

Realty firm Godrej Properties on Friday reported a 62 per cent decline in its consolidated net profit to Rs 154.15 crore for the quarter ended September, on higher expenses. Its net profit stood at Rs 405.08 crore in the year-ago period. Total income rose to Rs 2,571.73 crore in the second quarter of this fiscal from Rs 1,950.05 crore in the corresponding period of the preceding year, according to a regulatory filing. Godrej Properties is one of the leading real estate developers in the country.

The index has witnessed a sharper fall in September compared to the Nifty 50, which declined 6 per cent, and the Nifty Smallcap 250 that slipped 3.5 per cent.

The 2.5-acre Marine Lines project is expected to have a revenue potential of ₹6,000 crore as the developer expands its premium and luxury housing portfolio in Mumbai

Realty firm Godrej Properties Ltd will jointly develop a 2.5-acre housing project in Mumbai with a revenue potential of Rs 6,000 crore, as part of its expansion plan. In a regulatory filing on Monday, the company said it has entered into a development agreement for a prime land parcel of about 2.5 acres in Marine Lines, South Mumbai. On the plot, Godrej Properties will develop a luxury housing project with an "estimated overall revenue potential of around Rs 6,000 crore." "Mumbai continues to be a key market for us, and our premium and luxury projects in the city have seen a consistently strong response," Gaurav Pandey, MD & CEO, Godrej Properties, said. Sales of luxury homes, each costing Rs 10 crore and above, in Mumbai rose 12 per cent to a record Rs 18,512 crore in the first half of this year on better volumes and price rise, according to property consultant India Sotheby's International Realty and real estate data analytics firm CRE Matrix. Godrej Properties is one of the ..

Realty firm Godrej Properties Ltd will jointly develop a 2.5-acre housing project in Mumbai with a revenue potential of Rs 6,000 crore, as part of its expansion plan. In a regulatory filing on Monday, the company said it has entered into a development agreement for a prime land parcel of about 2.5 acres in Marine Lines, South Mumbai. On the plot, Godrej Properties will develop a luxury housing project with an "estimated overall revenue potential of around Rs 6,000 crore." "Mumbai continues to be a key market for us, and our premium and luxury projects in the city have seen a consistently strong response," Gaurav Pandey, MD & CEO, Godrej Properties, said. Sales of luxury homes, each costing Rs 10 crore and above, in Mumbai rose 12 per cent to a record Rs 18,512 crore in the first half of this year on better volumes and price rise, according to property consultant India Sotheby's International Realty and real estate data analytics firm CRE Matrix. Godrej Properties is one of the ..

Lodha Developers was the top laggard in the Nifty Realty pack following a 7.56 per cent decline. Godrej Properties followed close behind as it declined 7.42 per cent.

Realty firm says disputes with Orris Infrastructure over Godrej Air have been amicably settled; actions under the settlement agreement are currently being implemented

In the past three months, the Nifty Realty index outperformed the market by soaring 21 per cent, against a 2 per cent gain in the Nifty 50.

Godrej Properties Ltd will generate more than Rs 20,000 crore of operating cash flow during the current and next fiscal, enabling the company to continue investing in business expansion, its executive Chairperson Pirojsha Godrej said. In an interview with PTI, Pirojsha highlighted that the company's operational performance was quite strong in the June quarter with sales bookings rising 22 per cent to Rs 8,651 crore. He noted that consistent sales growth is creating high visibility for both cash flows and earnings. "Actually, this was the sixth consecutive quarter where we had over Rs 7,000 crore of sales booking values". Pirojsha exuded confidence that the company is on track to meet or exceed guidance across all parameters -- sales bookings, launches, collections from customers and land acquisition. The company is also on track to achieve the guidance of 20 per cent ROE (return on equity) for the next financial year. "In addition, we think the operating cash flow of the company,

Among interest rate sensitives, Exide, Uno Minda, Bosch, Tata Motors CV, Ashok Leyland, Godrej Properties, DLF and Lodha Developers gained 3-5% in Wednesday's intra-day trade post RBI policy.

The real estate developer retained its FY27 guidance despite lower quarterly income, while booking value rose 22 per cent on strong demand across key markets

Realty firm Godrej Properties on Tuesday reported a 42 per cent decline in consolidated net profit to Rs 349.38 crore for the quarter ended June on lower income. Its net profit stood at Rs 598.40 crore in the year-ago period. Total income also fell to Rs 1,345.04 crore in the first quarter of this fiscal from Rs 1,620.34 crore in the corresponding period of the preceding year, according to a regulatory filing. On the operational front, Godrej Properties reported a 22 per cent increase in sales bookings to Rs 8,651 crore for the April-June quarter of 2026-27 fiscal. The company sold 3,738 units with a total area of 6.2 million sq ft during the June quarter. This is the 6th consecutive quarter in which booking value has exceeded Rs 7,000 crore. Pirojsha Godrej, Executive Chairperson of Godrej Properties, highlighted that the company has delivered another solid quarter for bookings, collections, business development and earnings. "We expect the sales momentum to continue for the re

Realty firm Godrej Properties on Tuesday reported a 42 per cent decline in consolidated net profit to Rs 349.38 crore for the quarter ended June on lower income. Its net profit stood at Rs 598.40 crore in the year-ago period. Total income also fell to Rs 1,345.04 crore in the first quarter of this fiscal from Rs 1,620.34 crore in the corresponding period of the preceding year, according to a regulatory filing. On the operational front, Godrej Properties reported a 22 per cent increase in sales bookings to Rs 8,651 crore for the April-June quarter of 2026-27 fiscal. The company sold 3,738 units with a total area of 6.2 million sq ft during the June quarter. This is the 6th consecutive quarter in which booking value has exceeded Rs 7,000 crore. Pirojsha Godrej, Executive Chairperson of Godrej Properties, highlighted that the company has delivered another solid quarter for bookings, collections, business development and earnings. "We expect the sales momentum to continue for the re

The BSE Realty index turned positive on an YTD basis in July, having gained over 43% from its calendar year low. Analysts flag a positive bias in the short-term, but caution over long-term; here's why