Page 5 - Godrej Properties

Godrej Properties to launch projects worth Rs 40K cr in FY26: Chairman

Godrej Properties plans to launch housing projects worth Rs 40,000 crore, as the company aims to increase market share and retain its position as the top listed real estate firm in terms of sales bookings. In an interview with PTI, Godrej Properties Executive Chairperson Pirojsha Godrej noted that the housing demand continues to be strong despite global economic uncertainties, and cited the company's performance in the last fiscal, where it achieved record sales bookings of Rs 29,444 crore, the highest among listed entities. "So, overall, I am very happy with the company's performance in FY25, and I think, key is now to maintain this momentum in the current financial year," Pirojsha told PTI. He said the company would continue to invest in land acquisition and development works to expand its business and increase market share. "We raised Rs 6,000 crore in October last year through QIP (Qualified Institutional Placement). That Rs 6,000 crore plus Rs 7,500 crore operating cash flow .

Godrej Properties to launch projects worth Rs 40K cr in FY26: Chairman

Godrej Properties plans to launch housing projects worth Rs 40,000 crore, as the company aims to increase market share and retain its position as the top listed real estate firm in terms of sales bookings. In an interview with PTI, Godrej Properties Executive Chairperson Pirojsha Godrej noted that the housing demand continues to be strong despite global economic uncertainties, and cited the company's performance in the last fiscal, where it achieved record sales bookings of Rs 29,444 crore, the highest among listed entities. "So, overall, I am very happy with the company's performance in FY25, and I think, key is now to maintain this momentum in the current financial year," Pirojsha told PTI. He said the company would continue to invest in land acquisition and development works to expand its business and increase market share. "We raised Rs 6,000 crore in October last year through QIP (Qualified Institutional Placement). That Rs 6,000 crore plus Rs 7,500 crore operating cash flow .

Amazon India leases 94,000 sq ft office space in Mumbai's Vikhroli

Amazon India entities lease 94,254 sq ft in Godrej Two, Vikhroli East for ₹1.73 crore monthly rent with no security deposit and 5 per cent annual rent escalation

Godrej Properties Q4 results: Net profit falls 19% amid surge in expenses

Despite 93 per cent full-year profit growth, Godrej Properties' Q4 profit fell 19 per cent YoY due to a sharp 54 per cent increase in expenses led by material consumption costs

Godrej Properties Q4 profit down 19% at Rs 382 cr; plans to raise Rs 2K cr

Realty firm Godrej Properties on Friday reported a 19 per cent decline in its consolidated net profit to Rs 381.99 crore for the latest March quarter despite higher income and announced plans to raise debt up to Rs 2,000 crore. Its net profit stood at Rs 471.26 crore in the year-ago period. Total income increased to Rs 2,681.06 crore in the fourth quarter of the last fiscal year from Rs 1,914.82 crore in the corresponding period of the preceding year, according to a regulatory filing. During the January-March quarter, the company's tax outgo rose to nearly Rs 190 crore while it incurred a loss of Rs 35.36 crore in some joint ventures. However, Godrej Properties net profit rose 93 per cent to Rs 1,399.89 crore during 2024-25 from Rs 725.27 crore in the preceding fiscal. Total income grew to Rs 6,967.05 crore last fiscal from Rs 4,334.22 crore in the 2023-24 fiscal. The board also approved raising of up to Rs 2,000 crore fund, by issue of Non-Convertible Debentures, Bonds, and/ or

Macrotech, Godrej Properties gain up to 6%, Realty index up 4%; here's why

BSE Realty Index rose as much as 3.66 per cent to 6,989.6 on Wednesday, the best session for the index since April 15

Navi Mumbai International Airport poised to drive real estate growth

The average residential property rates in Navi Mumbai increased by 23 per cent year-on-year (Y-o-Y) in 2024 to ₹10,810 per square foot (psf)

Street gives a thumbs up to Godrej Properties' strong Q4 bookings

A comparison of guidance and reported data indicates that GPL will surpass guidance in FY25, with record pre-sales bookings, higher Business Development and area delivered

Godrej Properties records highest-ever Q4, full-year bookings in FY25

At bookings worth Rs 10,163 crore, the company saw a 7% rise year-on-year in the fourth quarter. Booking for the whole FY25 were worth Rs 29,444 crore, up 31%

Godrej Properties records highest-ever Q4, full-year bookings in FY25

At bookings worth Rs 10,163 crore, the company saw a 7% rise year-on-year in the fourth quarter. Booking for the whole FY25 were worth Rs 29,444 crore, up 31%

Godrej Properties Q4 sales bookings up 7% at Rs 10,163 cr on strong demand

Realty firm Godrej Properties on Tuesday reported a 7 per cent growth in sales bookings to record Rs 10,163 crore in the fourth quarter of last fiscal on better demand for its housing projects. The company's sales bookings or pre-sales increased 31 per cent to Rs 29,444 crore in the full 2024-25 fiscal year, according to a regulatory filing. With sales bookings of nearly Rs 30,000 crore, Godrej Properties is likely to emerge as the largest listed real estate company in the 2024-25 fiscal year in terms of sales bookings. DLF is India's largest real estate company in terms of market capitalisation. Godrej Properties said its latest March quarter sales booking value grew 7 per cent annually to Rs 10,163 crore. This was achieved through the sale of 3,703 homes with a total area of 7.52 million square feet. "This is the highest ever quarterly booking value achieved by Godrej Properties," the filing said. This is also the 7th consecutive quarter in which the company has delivered more

Godrej Properties climbs 5% on record bookings in Q4; tops FY25 guidance

Godrej Properties share price: Godrej Properties said it achieved 109 per cent of its annual guidance for booking value for FY25

Godrej Properties eyes Rs 1,350 cr revenue from Mumbai housing project

The development will offer approximately 4.4 lakh square feet of saleable area, focusing on premium residential units, with an estimated revenue potential of Rs 1,350 crore

Godrej Properties spikes 4% on selling ₹2,000 crore worth property in Noida

Godrej Riverine was launched in March 2025 in Sector 44, one of the key micro markets in Noida

Godrej sells Rs 2,000 crore worth of homes at Noida luxury project launch

Third consecutive Rs 2,000 crore-plus launch for the developer in the city

Godrej Properties sells homes worth Rs 2,000 cr at launch of Noida project

The luxury project, Godrej Riverine, was launched in March 2025. The project is spread over 6.46 acres, comprising luxury residential apartments of varied configurations

Godrej Properties sells homes worth Rs 2,000 cr at launch of Noida project

The luxury project, Godrej Riverine, was launched in March 2025. The project is spread over 6.46 acres, comprising luxury residential apartments of varied configurations

Godrej Properties sells 275 flats for over Rs 2,000 crore in Noida project

Godrej Properties Ltd has sold 275 homes for more than Rs 2,000 crore in its new housing project at Noida in Uttar Pradesh. In a regulatory filing on Tuesday, the company informed that it had launched a luxury project 'Godrej Riverine' in Sector 44, Noida, last month. Godrej Properties said it has "sold over 275 homes worth over Rs 2,000 crore at the launch of its luxury project, Godrej Riverine." The project is spread over 6.46 acre, comprising luxury residential apartments of varied configurations. Gaurav Pandey, MD & CEO, Godrej Properties, said, "Noida is a key market for us, and we look forward to further strengthening our presence in the region in the years ahead." Godrej Properties is one of the leading real estate developers in the country.

Godrej Properties sells 275 flats for over Rs 2,000 crore in Noida project

Godrej Properties Ltd has sold 275 homes for more than Rs 2,000 crore in its new housing project at Noida in Uttar Pradesh. In a regulatory filing on Tuesday, the company informed that it had launched a luxury project 'Godrej Riverine' in Sector 44, Noida, last month. Godrej Properties said it has "sold over 275 homes worth over Rs 2,000 crore at the launch of its luxury project, Godrej Riverine." The project is spread over 6.46 acre, comprising luxury residential apartments of varied configurations. Gaurav Pandey, MD & CEO, Godrej Properties, said, "Noida is a key market for us, and we look forward to further strengthening our presence in the region in the years ahead." Godrej Properties is one of the leading real estate developers in the country.

Godrej Properties sells homes worth ₹1,000 cr in Gurugram luxury project

Company says it will strengthen its presence in 'extremely important market' of Gurugram