Page 4 - Godrej Properties

Godrej Properties sells 683 units worth over ₹1k cr in Hyderabad project

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

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Godrej Properties emerges as top bidder for Hyderabad land at ₹547.75 cr

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 rises 4% in trade; what's driving investor interest?

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 to buy 7.82-acre land in Hyderabad for nearly ₹550 cr

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.

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Godrej Properties' net debt jumps 42% to ₹4,637 cr in Q1 amid expansion

Realty firm Godrej Properties' net debt has risen 42 per cent in June quarter to Rs 4,637 crore as the company looks to expand its business to meet strong housing demand. Its net debt stood at Rs 3,269 crore at the end of last fiscal. According to its latest investors presentation, the company's debt to equity ration has risen to 0.26 from 0.19 but it is still at a very comfortable level. In a conference call with analysts, Godrej Properties MD and CEO Gaurav Pandey said, "From a debt perspective, we have laid out an absolute cap that we would like to look at for net debt of Rs 10,000 crore. So, we do have a fair amount of room and even that would only take us to about 0.5 or a little bit above that range." He noted that there is more than enough sources of cash, both between operating cash flow and room to borrow a little bit in case there is any short-term need. "But I think the decider of exactly where debt ends this year will be how much beyond this Rs 20,000 crore guidance, w

Godrej Properties' net debt jumps 42% to ₹4,637 cr in Q1 amid expansion

Realty firm Godrej Properties' net debt has risen 42 per cent in June quarter to Rs 4,637 crore as the company looks to expand its business to meet strong housing demand. Its net debt stood at Rs 3,269 crore at the end of last fiscal. According to its latest investors presentation, the company's debt to equity ration has risen to 0.26 from 0.19 but it is still at a very comfortable level. In a conference call with analysts, Godrej Properties MD and CEO Gaurav Pandey said, "From a debt perspective, we have laid out an absolute cap that we would like to look at for net debt of Rs 10,000 crore. So, we do have a fair amount of room and even that would only take us to about 0.5 or a little bit above that range." He noted that there is more than enough sources of cash, both between operating cash flow and room to borrow a little bit in case there is any short-term need. "But I think the decider of exactly where debt ends this year will be how much beyond this Rs 20,000 crore guidance, w

Godrej Properties shares gain post Q1 results; should you bet?

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 on track to meet or exceed FY26 sales target: CEO

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 on track to meet or exceed FY26 sales target: CEO

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 Q1 profit grows 15% to ₹600 cr amid higher collections

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 Q1 results: Net profit surges 15% to ₹598 crore

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 Q1 results: Net profit surges 15% to ₹598 crore

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.

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Godrej Properties enters Vadodara with 34-acre residential land acquisition

Marking its second Gujarat acquisition in a year, Godrej to develop premium plotted units with 9 lakh sq ft saleable area in Vadodara

Nifty Realty sheds 3% in firm market; Lodha, Brigade, Oberoi slide up to 7%

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Godrej Properties buys 48-acre parcel in North Bengaluru's Doddaballapur

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

Back-to-back: Godrej bets big on North Bengaluru with 48-acre land buy

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