The company sold 16,428 homes with a total saleable area of 27.26 million square feet (msf), driven by 41 project launches across India during the year
Real-estate stocks in focus: However, in the past six months, Nifty Realty index has underperformed the market by falling 7.4 per cent, as against 2.1 per cent rise in the Nifty 50.
Stocks to watch today, December 15, 2025: From Tata Elxsi to Aurobindo Pharma, here is a list of stocks to keep in focus
In the past one month, the realty index has tanked 8 per cent, as against 2 per cent rise in the Nifty 50.
Godrej Properties continues to be bullish about housing demand and will acquire this fiscal year multiple land parcels with a total revenue potential of around Rs 30,000 crore, a top company official said. Godrej Properties is aggressively acquiring land parcels outright and also partnering land owners to expand its business. In an interview with PTI, Godrej Properties Executive Chairperson Pirojsha Godrej said the company's business development, which means new land acquisition, has been pretty strong during the first six months of this fiscal and the pipeline for the second half also looks attractive. Godrej Properties recently announced that the company has surpassed the business development guidance of Rs 20,000 crore for the current fiscal. Pirojsha said the company keeps business development target conservative to avoid any pressure on the internal team for land acquisitions. "Land market has heated up. But, we should do at least Rs 30,000 crore GDV (gross development value
Godrej Properties has purchased a 3.8-acre land parcel on Sarjapur Road in South Bengaluru with a revenue potential of ₹2,400 crore
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.