Godrej Properties

India's housing mkt strong, steady after growth post covid: Pirojsha Godrej

India's housing market continues to be strong with steady growth in sales volume as well as pricing, Godrej Properties Executive Chairperson Pirojsha Godrej said, ruling out any concern on the demand side. In an interview with PTI, he noted that the housing market has stabilised after witnessing a crazy growth for a couple of years post-COVID pandemic. Pirojsha exuded confidence that the company would easily achieve its Rs 32,500 crore target of sales bookings for this fiscal. The company would also meet the annual guidance in other key metrics -- collection of funds from customers, deliveries of projects, launches and business development (addition of land parcels for future projects), he said. "Housing market as a whole is holding up. Lots of talk about market softening...But what we are seeing continues to be quite strong," Pirojsha said and highlighted the company's strong sales bookings during the last calendar year across all major cities including Mumbai Metropolitan Region

Godrej Properties shares gain 2% after Q3 profit jumps 23%; check outlook

Godrej Properties reported a 23 per cent increase in its consolidated net profit to ₹193.87 crore for the quarter ended December, despite lower income

Godrej Properties Q3 result: PAT rises 23% to ₹194 cr, income at ₹1,033 cr

Realty firm Godrej Properties Ltd on Thursday reported a 23 per cent increase in its consolidated net profit to Rs 193.87 crore for the quarter ended December despite lower income. Its net profit stood at Rs 158.20 crore in the year-ago period. Total income declined to Rs 1,033.84 crore during the third quarter of this fiscal from Rs 1,239.97 crore in the corresponding period of the preceding year, according to a regulatory filing. Godrej Properties, one of the leading real estate developers in the country, has a strong presence in Mumbai Metropolitan Region, Pune, Bengaluru and Delhi-NCR. It has also entered the Hyderabad market recently.

Godrej Properties sells plots worth over ₹1,000 cr at project in Panipat

Godrej Properties said it has sold over 600 plots worth more than ₹1,000 crore at its Evora Estate project in Panipat, marking its most successful plotted development launch by value

Godrej Prop sells ₹1,000 cr plots in Panipat, ₹2,000 cr homes in Worli

Godrej Properties sells ₹3,000 crore worth homes and plots in Panipat, Worli

Godrej Properties sells homes worth ₹2K cr in Phase-I of Worli project

Planned across 2.63 acres, the project offers three-bedroom and four-bedroom residences with three apartments per floor

Godrej Properties acquires 8.5-acre Pune land, eyes ₹2,000 cr revenue

The real estate developer plans group housing on the land parcel in the Mahalunge-Hinjewadi micro-market, with a developable potential of about 2.1 million sq ft

Godrej Properties buys 8.5 acre land in Pune for ₹2k cr housing project

Realty firm Godrej Properties Ltd on Friday said it has bought 8.5 acre land to build a housing project with an estimated revenue of Rs 2,000 crore. In a regulatory filing, Godrej Properties informed that it has acquired a 8.5-acre land parcel through outright purchase at Mahalunge, Pune. "The proposed development will primarily comprise group housing and is expected to offer a developable potential of approximately 2.1 million square feet, with an estimated revenue potential of Rs 2,000 crore," the company said. Gaurav Pandey, MD & CEO, Godrej Properties, said, "Pune is one of India's most vibrant urban centers, driven by robust infrastructure development and thriving commercial hubs." Godrej Properties, one of the leading real estate developers in the country, is acquiring land parcels for future developments. The company has a strong presence in Mumbai Metropolitan Region, Pune, Bengaluru and Delhi-NCR. It has also entered the Hyderabad market recently.

Lodha, Godrej Properties, Brigade at 52-week lows; why realty stocks fell?

In the past two weeks, the BSE Realty index has slipped 10 per cent, as against a 2.5 per cent decline in the BSE Sensex.

GPL claims top spot among listed peers by bookings, collections in CY25

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

Nifty Realty index surges 6% in 1 month; what's driving real estate stocks?

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.

Resilient housing demand keeps top realty developers on FY26 track: Nomura

Nomura highlights that developers are on track for a third consecutive quarter of steady sales momentum, driven largely by sustained interest in branded residential offerings.

Luxury boom: Godrej Properties clocks ₹2,600 cr in first year in Hyderabad

In January this year, Godrej Properties announced entry into the Hyderabad housing market with the launch of its first project at Kokapet.

Godrej Properties sells homes worth ₹2,600 cr in Hyderabad debut year

Godrej Properties has sold housing properties worth Rs 2,600 crore in the first year of operation in Hyderabad and it is looking to expand business in the city that offers huge growth opportunities, a top company official said. In January this year, Godrej Properties announced entry into the Hyderabad housing market with the launch of its first project at Kokapet. In an interview with PTI, Godrej Properties Executive Chairperson Pirojsha Godrej highlighted that the company has performed exceedingly well in the Hyderabad market. "We launched our first project in Hyderabad during January-March quarter. We launched our second project in July-September quarter. Between these two projects, we have achieved sales bookings of more than Rs 2,600 crore of in our first calendar year of operation in the city," said Pirojsha. Noting that the Hyderabad market has a "huge growth potential", he said the company would like to expand business in this city to tap strong demand for premium and luxury

Godrej Properties sells homes worth ₹2,600 cr in Hyderabad debut year

Godrej Properties has sold housing properties worth Rs 2,600 crore in the first year of operation in Hyderabad and it is looking to expand business in the city that offers huge growth opportunities, a top company official said. In January this year, Godrej Properties announced entry into the Hyderabad housing market with the launch of its first project at Kokapet. In an interview with PTI, Godrej Properties Executive Chairperson Pirojsha Godrej highlighted that the company has performed exceedingly well in the Hyderabad market. "We launched our first project in Hyderabad during January-March quarter. We launched our second project in July-September quarter. Between these two projects, we have achieved sales bookings of more than Rs 2,600 crore of in our first calendar year of operation in the city," said Pirojsha. Noting that the Hyderabad market has a "huge growth potential", he said the company would like to expand business in this city to tap strong demand for premium and luxury

Realty faces execution pressure as developers expand launch pipelines

Top four listed real estate firms plan ₹1.13 trn worth of launches in near-medium term

Nifty Realty index slips 3%; DLF, Prestige, Godrej Properties down 4%

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 highest bidder for five-acre land parcel in Hyderabad

To develop premium residential project, eyeing ₹4,150 cr in revenue

Godrej Properties highest bidder for five-acre land parcel in Hyderabad

To develop premium residential project, eyeing ₹4,150 cr in revenue

Godrej Properties buys land in Hyderabad for ₹4,150 cr housing project

Godrej Properties has bought 5 acres of land in Hyderabad through an auction process and will develop a housing project worth Rs 4,150 crore on this site. In a regulatory filing on Monday, the company stated that it participated in an e-auction conducted by the Hyderabad Metropolitan Development Authority (HMDA) for a land parcel measuring approximately 5 acres in Neopolis, Kokapet. Godrej Properties emerged as the highest bidder, according to the MSTC Ltd. e-tendering portal. The authority will issue the allotment letters after following the due process. "The proposed development on this land is planned as a premium residential project with a saleable area of about 2.5 million sq ft and an estimated revenue potential of around Rs 4,150 crore," the company said. Godrej Properties had acquired a 7.825-acre land parcel in Kukatpally, Hyderabad, in August. After entering the Hyderabad housing market, the company has launched two projects. The company has sold properties worth Rs 2,