Godrej Properties Ltd (GPL), a leading Indian real estate developer, has achieved a significant milestone with the launch of its latest project, Godrej Regal Pavilion, in Rajendra Nagar, Hyderabad. The company announced that it has sold homes worth over INR 1,000 crore at the project's launch, marking its second successful launch in Hyderabad this year to cross the INR 1,000 crore sales threshold.

Project Details

The Godrej Regal Pavilion project has seen remarkable demand, with over 683 homes sold, covering approximately 1.20 million square feet. This large-scale residential development boasts a developable potential of about 4.14 million square feet and an estimated revenue potential of approximately INR 3,600 crore, significantly enhancing Godrej Properties' presence in the southern region of Hyderabad.

Strategic Location

Rajendra Nagar, where the project is located, is an emerging locality in Hyderabad that offers a blend of affordability and convenience. The area features rapidly developing infrastructure and excellent connectivity, with well-maintained roads and easy access to the Outer Ring Road (ORR). Its proximity to the airport further adds to its appeal, making it one of the most promising high-growth localities in Hyderabad.

Market Confidence

Gaurav Pandey, MD & CEO of Godrej Properties, expressed delight at the response to Godrej Regal Pavilion. He stated, "This outcome reflects the rising preference for trusted, branded residences and Hyderabad's strong growth potential. We would like to take this opportunity to sincerely thank our customers and all stakeholders for their trust and confidence in Godrej Properties."

Godrej Properties' Market Position

The success of this launch reinforces Godrej Properties' strong market position. In FY 2025, the company retained its status as India's largest developer by the value of residential sales achieved, repeating its performance from FY 2024.

Commitment to Sustainability

Godrej Properties continues to emphasize sustainable development in its projects. The company has committed to third-party green building certification for all its developments since 2010. Its efforts in sustainability and governance practices have been recognized globally, with the Global Real Estate Sustainability Benchmark ranking GPL #1 globally amongst listed residential developers for three consecutive years from 2020 to 2022.

The strong sales performance of Godrej Regal Pavilion underscores the robust demand in Hyderabad's real estate market and reflects the trust that homebuyers place in established developers like Godrej Properties. As the project progresses, it is expected to contribute significantly to the company's growth in the southern Indian market.

Godrej Properties , a leading Indian real estate developer, has made significant strides in expanding its presence in the Hyderabad market. The company has emerged as the highest bidder for a strategic land parcel in Kukatpally, Hyderabad, marking a major move in its growth strategy.

Land Acquisition Details

Godrej Properties successfully secured a 7.825-acre land parcel in Kukatpally, Hyderabad, through an e-auction conducted by the Telangana Housing Board (TGHB) for Residential Group Housing. The company's winning bid stood at ₹547.78 crore, showcasing its commitment to expanding its footprint in one of India's most dynamic real estate markets.

Project Potential and Location

The acquired land is strategically located in close proximity to HITEC City, Hyderabad's premier IT hub. Godrej Properties estimates the revenue potential of this project to be approximately ₹3,800 crore. The development is set to feature premium residential apartments with varied configurations, catering to the growing demand for high-quality housing in the area.

Strategic Importance

This acquisition builds upon Godrej Properties' recent successes in Hyderabad, including projects like Godrej Madison Avenue at Kokapet and Godrej Regal Pavilion at Rajendranagar. The Kukatpally area is recognized as one of Hyderabad's most established and resilient residential corridors, known for its premium housing and robust social infrastructure.

Gaurav Pandey, MD & CEO of Godrej Properties, commented on the acquisition, stating, "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. Building on the strong response to our recent launch, Godrej Madison Avenue at Kokapet, our presence here allows us to bring national-scale expertise while designing future-ready developments that create long-term value for our residents."

Financial Performance

In its recent quarterly results, Godrej Properties reported:

• Net profit increase: 15.4% to ₹600.00 crore
• Revenue decline: 41% to ₹435.00 crore
• EBITDA loss: ₹243.00 crore

Despite these mixed results, the company has set ambitious sales targets of ₹32,500.00 crore for FY26, with expected collections of ₹21,000.00 crore.

Market Response

The market has shown a positive response to Godrej Properties' recent moves. The company's shares closed 1.45% higher at ₹2,039.20 following the announcement. However, it's worth noting that the stock has experienced a decline of 15.2% in the past month and 26.56% year-to-date, reflecting broader market trends and investor sentiment.

Additional Corporate Developments

In a separate development, Godrej Properties has also acquired a 7% stake in Godrej Skyline Developers Limited for ₹9.25 lakh. This acquisition, involving 92,500 equity shares at ₹10.00 each, is part of the company's strategic investments in its subsidiaries.

Godrej Properties continues to maintain its position as a leader in sustainable development, with all its projects being third-party certified green buildings. The company's commitment to innovation, sustainability, and excellence remains at the forefront of its business strategy as it expands its presence in key markets across India.