Godrej Properties Set to Unveil Housing Projects Valued at Rs 40,000

Godrej Properties is poised to launch residential projects valued at Rs 40,000 crore in the financial year 2025-26, as part of its ambitious growth strategy. The company aims to solidify its position as the leading listed real estate developer in terms of sales bookings. Executive Chairperson Pirojsha Godrej expressed confidence in the strong housing demand, despite global economic uncertainties, and highlighted the company’s record sales bookings of Rs 29,444 crore in FY25, marking its highest performance to date.

Strategic Growth Plans

Godrej Properties is gearing up for significant expansion with plans to launch projects worth Rs 40,000 crore in FY26. This initiative is part of the company’s broader strategy to enhance its market share and maintain its leadership in the real estate sector. Pirojsha Godrej emphasized the importance of sustaining the momentum achieved in the previous fiscal year, where the company recorded its highest-ever sales bookings. The firm aims to achieve a sales bookings target of Rs 32,500 crore for FY26, which represents a 20% increase from the previous year’s guidance. Godrej’s strategy includes continued investments in land acquisition and project development to fuel growth.

Record Sales and Financial Performance

In FY25, Godrej Properties achieved remarkable sales bookings of Rs 29,444 crore, a 31% increase from Rs 22,527 crore in FY24. This growth underscores the company’s strong market presence and effective project execution. The company’s collections from customers also surged to Rs 17,047 crore, up from Rs 11,436 crore the previous year, contributing to robust operating cash flows. The company’s market share rose to 4.3% in the tier-I residential market, which was valued at Rs 6.9 lakh crore in FY25. Pirojsha noted that the bookings were well-distributed geographically, reducing reliance on any single region or project.

Future Project Launches

Looking ahead, Godrej Properties has a promising lineup of projects, including a significant development in Worli, Mumbai, expected to launch in the first half of FY26. Additionally, the company plans to unveil a high-value project in Ashok Vihar, Delhi, by March 2026. These upcoming launches, combined with ongoing project sales, are anticipated to support the company in meeting its sales target for FY26. The previous fiscal year saw the company exceed its initial project launch target of Rs 30,000 crore, ultimately launching projects worth Rs 36,600 crore, covering 292 lakh square feet.

Financial Outlook and Market Position

Godrej Properties reported a substantial increase in its consolidated net profit, which soared by 93% to Rs 1,399.89 crore in FY25, compared to Rs 725.27 crore the previous year. Total income also rose significantly, reaching Rs 6,967.05 crore, up from Rs 4,334.22 crore in FY24. The board has approved raising up to Rs 2,000 crore through non-convertible debentures and other debt securities to further bolster its financial position. With a strong presence in key markets such as Delhi-NCR, Mumbai, Pune, Bengaluru, and Hyderabad, Godrej Properties continues to establish itself as a leading player in India’s real estate sector.

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