Godrej Properties

Godrej Properties to generate ₹20k cr operating cash flow by FY28: Chairman

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,

Rate sensitives shine: Realty up 3%, NSE Auto hits new peak on rate pause

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.

Godrej Properties' Q1 net profit falls 42%; booking value rises 22%

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

Godrej Properties Q1FY27: Profit falls 42% to ₹349 crore, bookings up 22%

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

Godrej Properties Q1FY27: Profit falls 42% to ₹349 crore, bookings up 22%

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 index up 43% from 2026 low, turns positive YTD; what lies ahead?

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

Godrej Properties bags Noida land parcel with ₹2,000 cr revenue potential

The real estate developer emerged as the highest bidder for a 4.95-acre residential plot in Sector 151, Noida, and plans a premium housing project with estimated revenue of Rs 2,000 crore

Stocks to Watch today: RailTel, NTPC Green, Advit Jewels, Waterways Leisure

Stocks to Watch today, July 1, 2026: Hexaware Technologies, Godrej Properties, Newgen Software, BPCL, Tata Communications, and Max Healthcare are among the top stocks to remain in focus

Godrej Properties acquires 47-acre land parcel off OMR in South Chennai

The developer will build plotted residential units on the site off Old Mahabalipuram Road, with the project expected to generate an estimated ₹500 crore in revenue

Godrej Properties acquires 47-acre land parcel off OMR in South Chennai

The developer will build plotted residential units on the site off Old Mahabalipuram Road, with the project expected to generate an estimated ₹500 crore in revenue

India's 28 big listed realty firms clock ₹1.95 trn pre-sales in FY26

India's 28 big listed real estate companies sold properties worth Rs 1.95 lakh crore last fiscal on strong housing demand with Godrej Properties clocking the highest sales bookings. According to the data compiled from investor presentations, the total combined sales bookings or pre-sales of the 28 major listed realtors stood at nearly Rs 1.95 lakh crore during 2025-26 financial year, up 17 per cent from over Rs 1.66 lakh crore in the preceding fiscal. Godrej Properties, which has a presence across major cities, retained the position of largest listed realty firm in terms of sales bookings in FY26. Bengaluru-based Prestige Estates Projects Ltd jumped to second position, followed by Mumbai-based Lodha Developers Ltd. DLF Ltd, India's largest realty firm in terms of market cap, stood at fourth position while Signature Global Ltd remained at fifth position. Among these 28 players, only six players witnessed a drop in sales bookings during the 2025-26 fiscal. According to property ...

Lodha Developers, Oberoi Realty fall up to 4%; why are realty stocks down?

At 09:36 AM on Wednesday, the Nifty Realty index was the top sectoral loser, down nearly 1 per cent, as compared to 0.2 per cent rise in the Nifty 50.

Godrej Properties sells homes worth over ₹2,000 cr at B'luru proj launch

Godrej Properties has sold more than 1,000 homes worth over ₹2,000 crore at its newly launched Godrej Vanantara project in Bengaluru's Bannerghatta Road area

Godrej Properties sells homes worth over ₹2,000 cr at B'luru proj launch

Godrej Properties has sold more than 1,000 homes worth over ₹2,000 crore at its newly launched Godrej Vanantara project in Bengaluru's Bannerghatta Road area

Realty developers focus on cash flows as housing cycle enters mature phase

Shift away from launch-heavy pipelines seen in the last couple of years, say industry insiders

Godrej Properties buys land in Greater Noida for ₹7,000 cr housing project

Godrej Properties Ltd on Monday said it has acquired 23.2 acre land in Greater Noida via auction to develop a housing project with a revenue potential of more than Rs 7000 crore. In a regulatory filing, the company informed that it has "won the bid for a 23.2 acres (93,905 square metre) residential land parcel in DMIC integrated township, Greater Noida, through an e-auction". The auction was conducted by DMIC Integrated Industrial Township Greater Noida Ltd. Godrej Properties will develop a group housing project on the land parcel, "which is expected to offer an estimated revenue potential of over Rs 7,000 crore". Gaurav Pandey, MD and CEO, Godrej Properties, said, "We have witnessed consistent demand for our existing projects in Noida, and we remain bullish on this market. This will further strengthen our development portfolio in NCR (National Capital Region) and fits well with our strategy of deepening our presence in key micro markets across India's leading cities". Godrej ...

Pan-Indian expansion a major strategic focus for top listed developers

Listed developers' FY26 pre-sales rise 18% YoY to ₹1.48 trillion, driven by multi-city expansion

Godrej-Tata team up for Gurgaon's Golf Course homes costing Rs 11-15 cr

Godrej Samaris is an upcoming ultra-luxury development located on the last expansive land parcel of Golf Course Road in Sector 53, Gurgaon

Godrej Properties ties up with Tata Projects for contracts worth ₹1,100 cr

Tata Projects will execute construction work for three luxury residential developments by Godrej Properties along Gurugram's Golf Course Road

Godrej Properties aims 14% rise in pre-sales in FY27: Pirojsha Godrej

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