Godrej Properties Limited (GPL), a leading national real estate developer, has reported exceptional performance for both the fourth quarter and the full fiscal year 2025, setting new benchmarks in the Indian real estate sector.

Q4 FY25 Performance Highlights

• Booking value surged to ₹10,163.00 crore, marking an impressive 87% quarter-on-quarter growth and a 7% year-on-year increase.
• The company sold 3,703 homes, covering a total area of 7.52 million sq. ft.
• This quarter marks the first time GPL has crossed the ₹10,000.00 crore milestone in quarterly bookings.
• Q4 FY25 represents the 7th consecutive quarter where GPL has achieved booking values exceeding ₹5,000.00 crore.

FY25 Annual Performance

• Full-year booking value reached ₹29,444.00 crore, showcasing a robust 31% year-on-year growth.
• GPL sold 15,302 homes in FY25, covering a total area of 25.73 million sq. ft., reflecting a 29% year-on-year volume growth.
• The company surpassed its annual guidance for booking value by 109%.
• FY25 marks the 8th consecutive year of booking value growth for GPL.

Key Contributors to Q4 Success

The stellar performance in Q4 FY25 was driven by strong demand in several new project launches:

1. Godrej Riverine in Noida: Achieved bookings over ₹2,000.00 crore
2. Godrej Astra in Gurugram: Secured bookings exceeding ₹1,000.00 crore
3. Godrej Madison Avenue in Hyderabad: Attained bookings of over ₹1,000.00 crore

Regional Performance in FY25

Management Commentary

Gaurav Pandey, MD & CEO of Godrej Properties, expressed delight in crossing the ₹10,000.00 crore mark in sales bookings for Q4 FY25. He highlighted that GPL's sales bookings have compounded at an annual growth rate of 55% over the last three years, solidifying the company's position as the largest real estate developer in India by booking value for the second consecutive year.

Pandey also noted that the company's business development additions, with a future booking value of ₹26,450.00 crore in FY25, will ensure a strong launch pipeline in the coming years. Additionally, the equity capital of ₹6,000.00 crore raised through a Qualified Institutional Placement (QIP) in December 2024, combined with record operating cash flow in FY25, will enable continued investment for growth.

Looking Ahead

With a strong financial position and a robust pipeline of projects, Godrej Properties appears well-positioned to capitalize on the growing demand in the Indian real estate market. The company's consistent performance and strategic expansions in key markets suggest a positive outlook for the coming fiscal year.

Godrej Properties , a leading real estate developer in India, has announced its latest venture in the bustling metropolis of Mumbai. The company is set to develop a new project in Versova, a popular coastal suburb known for its vibrant atmosphere and prime location.

Project Details

The proposed development in Versova is expected to significantly boost Godrej Properties' portfolio in Mumbai's real estate market. According to the company's estimates, the project holds substantial revenue potential:

Strategic Expansion

This new project aligns with Godrej Properties' strategy of expanding its presence in key real estate markets across India. Versova, with its proximity to the Arabian Sea and easy access to Mumbai's entertainment industry, is an attractive location for residential and mixed-use developments.

Market Implications

The announcement of this high-value project could have positive implications for Godrej Properties:

• Revenue Growth: The estimated revenue potential of ₹1,350.00 crores indicates a significant addition to the company's future earnings.
• Market Position: This development may strengthen Godrej Properties' position in Mumbai's competitive real estate market.
• Investor Confidence: Such large-scale projects often signal the company's robust project pipeline and growth prospects.

Looking Ahead

As Godrej Properties moves forward with this Versova project, investors and market watchers will likely keep a close eye on further details such as the project timeline, design specifics, and any pre-launch sales figures. The success of this venture could play a crucial role in the company's performance in the coming years.

The real estate sector in Mumbai continues to show resilience and growth potential, with developers like Godrej Properties capitalizing on opportunities in prime locations. As more details emerge about this Versova project, it will provide deeper insights into Godrej Properties' strategic vision and execution capabilities in one of India's most dynamic real estate markets.