Godrej Properties will meet or may even exceed its pre-sales target of Rs 32,500 crore for this fiscal, as the housing demand environment continues to be "attractive", a top company official said. In an interview with PTI, Godrej Properties Executive Chairperson Pirojsha Godrej exuded confidence that the company would achieve annual guidance across key metrics -- pre-sales or sales bookings, collections from customers, deliveries, new project launches, and land acquisitions. On the company's second quarter performance, he said, "I think, overall market is holding up well. The demand environment continues to be quite attractive". Pirojsha said the company's pre-sales grew 13 per cent in the first six months of this fiscal to Rs 15,587 crore from Rs 13,835 crore in the year-ago period. "We have already achieved about 48 per cent of our full-year guidance. Now, if you look at past years, typically, the second half is always quite a bit stronger than the first half. So, we are very ...
Godrej Properties' Q2 profit rose 21% YoY to Rs 405 crore, beating analyst estimates, driven by strong bookings and new launches despite a 32% revenue decline
Realty firm Godrej Properties on Thursday reported a 21 per cent increase in its consolidated net profit to Rs 402.99 crore in the second quarter of this fiscal year. Its net profit stood at Rs 333.79 crore in the year-ago period. Total income rose to Rs 1,950.05 crore during July-September period of this fiscal from Rs 1,346.54 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 buying on the counter came after the company received the project registration certificate from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for Godrej Trilogy, located in Worli
Realty firm Godrej Properties is expecting a revenue of more than Rs 10,000 crore from an upcoming housing project at Worli in Mumbai. The upcoming project 'Godrej Trilogy', spanning 2.63 acres, will feature three residential towers. In the first phase, the company will launch two towers during this quarter. In a regulatory filing on Monday, the company informed that it has received the project registration certificate from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for its upcoming residential development, Godrej Trilogy, located in Worli. This is part of a joint development to redevelop a prime land parcel. "The gross estimated revenue potential of the total project is over Rs 10,000 crore," the company said. Currently, RERA approval has been obtained for two of the three proposed towers, comprising about 11 lakh square feet of saleable area in Phase 1. With approvals now in place, the first phase featuring towers named Seaturf and Seafront will be launched in
In South Bengaluru, Godrej Properties already has its footprint through projects such as Godrej Park Retreat and Godrej Lakeside Orchards
The company plans to develop a premium residential project on this land, with an estimated revenue potential of ₹1,100 crore
Real estate stocks fell up to 5% as investors booked profits. A dip in foreign capital inflows and global headwinds also weighed on sector sentiment
The key trigger for the sector and listed companies are trends in housing sales. Data on this front does not look favourable
Real estate sector/stocks: The Nifty Realty index has slumped nearly 14 per cent so far in 2025 (till Sept 15), in sharp contrast to the 6 per cent gain in the benchmark Nifty50 index.
Godrej Properties sold over Rs 1,000 crore worth of homes at the launch of Godrej Regal Pavilion in Hyderabad, marking its second project in the city this year to cross the milestone
Godrej Regal Pavilion is the company's second launch in Hyderabad this year, with both projects surpassing the ₹1,000 crore sales milestone at launch
Godrej Properties Ltd on Monday said it has sold 683 housing units for more than Rs 1,000 crore in its new residential project in Hyderabad, driven by strong consumer demand. In a regulatory filing, the company said it has sold inventory worth over Rs 1,000 crore in its project 'Godrej Regal Pavilion' located at Rajendra Nagar, Hyderabad. The project was launched earlier this month. At the launch, the company had sold 683 homes with a total area of 1.20 million square feet. The total developable area in this large project is 4.14 million square feet with an estimated revenue potential of Rs 3,600 crore. On the customers' response, Gaurav Pandey, MD & CEO, Godrej Properties, said, "This outcome reflects the rising preference for trusted, branded residences and Hyderabad's strong growth potential." Recently, Godrej Properties acquired 7.82-acre of land in Hyderabad through the auction process for Rs 548 crore. This upcoming project would have an estimated revenue potential of Rs
DLF and Prestige power sales; Godrej and Oberoi face revenue drag
Godrej Properties has won a 7.83-acre land parcel in Hyderabad's Kukatpally for Rs 547.75 crore, with plans to develop premium residential apartments near HITEC City
Godrej Properties shares rose 3.8 per cent on Thursday, August 21, 2025, after the company emerged as the highest bidder for 7.825 acre land parcel in Kukatpally (KPHB), Hyderabad
Godrej Properties Ltd has won a bid to acquire 7.82-acre land in Hyderabad for nearly Rs 550 crore. In a regulatory filing on Thursday, the company said it has participated in an e-auction conducted by the Telangana Housing Board (TGHB). Godrej Properties has "emerged as the highest bidder for 7.825 acre land parcel in Kukatpally (KPHB), Hyderabad, with a total combined bid value of Rs 547.75 crore". The housing board would issue the allotment letter after following the due process. Godrej Properties will develop a housing project on this land parcel. The estimated revenue potential of this project would be Rs 3,800 crore. Gaurav Pandey, MD & CEO, Godrej Properties, said, "As Hyderabad continues to strengthen its position as a dynamic real estate market, Kukatpally represents a strategic location that aligns with the city's growth trajectory." Godrej Properties is one of the leading real estate developers in the country.
Godrej Properties shares rose 2 per cent after the company reported a 15.4 per cent Y-o-Y growth in net profit in Q1FY26
Godrej Properties reports a 15% YoY increase in Q1 FY26 profit to Rs 600 crore, driven by strong collections and an 18% rise in EBITDA, despite a decline in revenue from operations
At 12:03 PM; Nifty Realty, the top loser among sectoral indices, was down 3 per cent, as compared to 0.35 per cent rise in Nifty 50.