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 is on track to meet or even exceed Rs 32,500 crore sales bookings target for this fiscal as housing demand continues to be strong, its executive Chairperson Pirojsha Godrej said. In an interview with PTI, he noted that the exuberance seen in the housing market post-COVID has calmed down, but the demand condition is still pretty strong. In the first quarter of this fiscal, Godrej Properties Ltd reported an 18 per cent decline in its pre-sales or sales bookings to Rs 7,082 crore. Pirojsha attributed the decline in pre-sales to high base effect and also a slight delay in launch of couple of projects. Nevertheless, he said, "We are very much on track to meet or exceed our booking value target for the current 2025-26 financial year". The company's launch pipeline for this fiscal is quite heavy, which will help in meeting the pre-sales target of Rs 32,500 crore easily, said Pirojsha. Asked about the overall current housing market scenario considering global uncertainti
Godrej Properties is on track to meet or even exceed Rs 32,500 crore sales bookings target for this fiscal as housing demand continues to be strong, its executive Chairperson Pirojsha Godrej said. In an interview with PTI, he noted that the exuberance seen in the housing market post-COVID has calmed down, but the demand condition is still pretty strong. In the first quarter of this fiscal, Godrej Properties Ltd reported an 18 per cent decline in its pre-sales or sales bookings to Rs 7,082 crore. Pirojsha attributed the decline in pre-sales to high base effect and also a slight delay in launch of couple of projects. Nevertheless, he said, "We are very much on track to meet or exceed our booking value target for the current 2025-26 financial year". The company's launch pipeline for this fiscal is quite heavy, which will help in meeting the pre-sales target of Rs 32,500 crore easily, said Pirojsha. Asked about the overall current housing market scenario considering global uncertainti
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
Godrej Properties Ltd has reported a 15 per cent increase in its consolidated net profit to Rs 598.40 crore for the first quarter of this fiscal. Its net profit stood at Rs 518.8 crore in the year-ago period. Total income, however, fell to Rs 1,620.34 crore in the April-June period of 2025-26 fiscal against Rs 1,699.48 crore in the corresponding period of the preceding year, according to a regulatory filing on Friday. During the 2025-26 fiscal, Mumbai-based Godrej Properties posted a net profit of Rs 1,389.23 crore on a total income of Rs 6,967.05 crore. The company is one of the leading real estate developers in the country.
Godrej Properties Ltd has reported a 15 per cent increase in its consolidated net profit to Rs 598.40 crore for the first quarter of this fiscal. Its net profit stood at Rs 518.8 crore in the year-ago period. Total income, however, fell to Rs 1,620.34 crore in the April-June period of 2025-26 fiscal against Rs 1,699.48 crore in the corresponding period of the preceding year, according to a regulatory filing on Friday. During the 2025-26 fiscal, Mumbai-based Godrej Properties posted a net profit of Rs 1,389.23 crore on a total income of Rs 6,967.05 crore. The company is one of the leading real estate developers in the country.
Q1 FY26 company results, August 1: Tata Power, LIC Housing Finance, JK Lakshmi Cement, Delhivery, and PC Jeweller will also release their April-June quarter earnings
Marking its second Gujarat acquisition in a year, Godrej to develop premium plotted units with 9 lakh sq ft saleable area in Vadodara
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.
The land near STRR offers 1.1 million sq ft development potential as Godrej boosts presence in Bengaluru after key deals in Raipur, Indore, and Pune this year
The land is located in a strategic and highly potential area near the Satellite Town Ring Road (STRR). The development on this land will primarily comprise plotted units
Shares of Godrej Properties rose after the company announced its foray into Raipur with the acquisition of approximately 50 acres of land.
Godrej Properties has acquired a 43-acre land parcel in Panipat, Haryana and is expecting a revenue of more than Rs 1,250 crore through the sale of residential plots. In a regulatory filing on Monday, Godrej Properties informed that it has "acquired 43 acres of land for a plotted development that will have a revenue potential in excess of Rs 1,250 crore." The company did not disclose the deal value. This will be the company's first project in Panipat and fourth residential plotted township in North India. The land is located in Sector 40, Panipat. This project will contain approximately 1.02 million sq ft of plotted residential development. Godrej Properties MD and CEO Gaurav Pandey said, "The project fits well with our strategy of expanding into new markets for plotted development. Haryana has been a key market for us, and we look forward to develop a quality plotted township in Panipat, that creates long-term value for its residents." Godrej Properties is one of the leading rea
With 1,450 homes sold at launch, Godrej Properties' Barca in Devanahalli becomes North Bengaluru's most successful township debut by value and volume of sales
Godrej Properties Ltd has sold more than 1,450 flats for over Rs 2,000 crore in its new project in Bengaluru, as consumer demand for premium apartments remains strong. In a regulatory filing on Monday, Godrej Properties informed that it has "sold inventory worth over Rs 2,000 crore during the launch of the first phase of the project, Barca at Godrej MSR City, located in Devanahalli, Bengaluru." The project was launched in April 2025. The company sold over 1,450 homes with more than 2.2 million (22 lakh) square feet of area in the first phase of the project. Godrej MSR City, a township project, has a developable potential of around 5.6 million (56 lakh) square feet and has significant unlaunched inventory remaining, which the company plans to sell in the coming years. Gaurav Pandey, MD & CEO, Godrej Properties, said, "The strong demand reflects growing consumer preference for thoughtfully designed communities that offer a blend of lifestyle, connectivity, and long-term ...
The 16-acre parcel in Pune's Upper Kharadi will support premium housing and retail, marking Godrej Properties' second acquisition in the region this month
Godrej Properties shares rose after the company announced the acquisition of an approximately 16-acre land parcel in Upper Kharadi, Pune.
Realty firm Godrej Properties Ltd has acquired 16-acre land in Pune to develop a housing-cum-retail project with an estimated revenue of Rs 3,100 crore. In a regulatory filing on Tuesday, the company informed it will develop about 16-acre land parcel in Upper Kharadi, Pune. "The development on this land will primarily comprise premium group housing and high-street retail. The project will have a developable potential of about 2.5 million square feet with an estimated revenue potential of around Rs 3,100 crore," Godrej Properties said. This is the company's second land acquisition this month in the Kharadi-Wagholi belt, taking the estimated cumulative revenue potential from the two developments to about Rs 7,300 crore. The company did not mention whether the acquisition of this land parcel is through outright purchase or partnership with the landowner. Gaurav Pandey, MD and CEO, Godrej Properties, said,"Upper Kharadi has rapidly emerged as one of Pune's most promising real estate .
The proposed development is expected to offer approximately 1.5 million square feet of saleable area, the company noted
The proposed development is expected to offer approximately 1.5 million square feet of saleable area, the company noted