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Latest news about Godrej Properties

Godrej Properties Expands Footprint with ₹3,100 Crore Land Acquisition in Pune 1 day ago Yesterday

Godrej Properties has acquired a 16-acre land parcel in Upper Kharadi, Pune, with a projected revenue potential of ₹3,100 crores. The land has a developable potential of 2.5 million square feet. This is the company's second acquisition in the Kharadi-Wagholi belt this month, with a combined revenue potential of approximately ₹7,300 crores from both developments.

Godrej Properties Expands Portfolio with New Bengaluru Project, Eyes ₹1,500 Crore Revenue 2 days ago

Godrej Properties Expands Footprint in Pune with ₹4,200 Crore Land Acquisition Jun 02, 2025

Godrej Properties Expands Portfolio with 14 Land Acquisitions, Eyes Rs 40,000 Crore Project Launches in FY26 May 19, 2025

Godrej Properties Sets Ambitious Target: Over ₹32,500 Crore in FY26 Residential Bookings May 05, 2025

More news about Godrej Properties

03May 25

Godrej Properties Sets Ambitious Target for FY26 Despite Q4 Profit Dip

Godrej Properties reported record sale bookings of Rs 29,444.00 crore in FY25, a 31% increase from the previous year. Despite a 19% decline in Q4 net profit, full-year profit surged 93% to Rs 1,399.89 crore. The company aims for a 10% increase in pre-sales to Rs 32,500.00 crore in FY26. The board approved raising up to Rs 2,000.00 crore through debt securities to support growth plans.

02May 25

Godrej Properties Approves New Stock Grants, Notes Lapse of Existing Grants

Godrej Properties Limited approved 24,829 new stock options for employees with a ₹5.00 exercise price and 3-year vesting period. 2,726 previously issued grants lapsed. The scheme complies with SEBI regulations.

02May 25

Godrej Properties Sets Ambitious FY26 Targets Amid Mixed Q4 Results

Godrej Properties announced Q4 financial results with revenue up 48.39% to ₹2,122.00 crore, EBITDA increased to ₹670.00 crore, but net profit declined 20.42% to ₹382.00 crore. Booking value reached ₹29,444.00 crore, exceeding guidance. The company set FY26 targets including ₹32,500.00 crore booking value and ₹40,000.00 crore launch value. Additionally, 24,829 new stock grants were approved under the Employee Stock Grant Scheme.

30Apr 25

Godrej Properties Set to Unveil Q4 and FY2025 Results on May 2

Godrej Properties will release its Q4 and FY2025 financial results on May 2, 2025. The board meeting on the same day will review these results and consider issuing debt securities. The trading window will be closed from April 1 to May 4, 2025. An earnings call is scheduled for May 2, 2025, at 16:30 IST.

28Apr 25

Godrej Properties Sees Significant Block Trade: 146,680 Shares Change Hands

Godrej Properties Ltd. experienced a significant block trade on the National Stock Exchange (NSE), involving 146,680 shares valued at Rs. 30.95 crores. The transaction was executed at Rs. 2,110.00 per share, potentially indicating institutional interest in the company's stock. Godrej Properties, a leading Indian real estate developer, focuses on residential, commercial, and township projects across major cities in India.

08Apr 25

Godrej Properties Reports Strong Q4 FY25 Booking Value Growth

Godrej Properties Limited (GPL) reported exceptional results for Q4 and FY25. Q4 booking value reached ₹10,163 crore, an 87% quarter-on-quarter increase. FY25 booking value hit ₹29,444 crore, growing 31% year-on-year. The company sold 15,302 homes in FY25, covering 25.73 million sq. ft. Key contributors to Q4 success included new projects in Noida, Gurugram, and Hyderabad. The National Capital Region led regional performance with ₹10,500 crore in bookings. GPL's MD & CEO highlighted the company's 55% compound annual growth rate in sales bookings over the last three years.

07Apr 25

Godrej Properties Unveils Plans for New Mumbai Project with ₹1,350 Crore Revenue Potential

Godrej Properties has unveiled plans for a new real estate project in Versova, Mumbai. The development is estimated to have a revenue potential of ₹1,350 crores. This strategic move aligns with the company's expansion plans in key markets and could significantly boost its portfolio in Mumbai. The project's location in the popular coastal suburb of Versova is expected to be attractive for residential and mixed-use developments.

04Apr 25

Godrej Properties Expands Footprint with New Versova Project, Eyeing ₹1,350 Crore Revenue

Godrej Properties Ltd. plans to develop a new premium residential project in Versova, Mumbai, with an estimated revenue potential of ₹1,350 crore. The project will cover 4.4 lakh square feet of saleable space in a prime location known for excellent connectivity and infrastructure. This marks GPL's first land acquisition in Versova and aligns with their growth strategy in high-demand micro-markets. The announcement follows GPL's strong performance in FY 2024, where it became India's largest developer by residential sales value.

01Apr 25

Godrej Properties Launches Luxury Project in Noida, Sells Over ₹2,000 Crore; Terminates Land Agreement in Pune

Godrej Properties has launched 'Godrej Riverine', a luxury project in Noida, selling homes worth over ₹2,000 crore in the initial phase. Simultaneously, the company has terminated a 2010 land development agreement in Pune's Bhugaon village, citing mutual decision among all parties involved. The company stated that this cancellation would have no material impact on its financials or operations.

31Mar 25

Godrej Properties Terminates Land Development Agreement in Pune

Godrej Properties Limited (GPL) has announced the termination of a land development agreement in Pune, originally signed on March 31, 2010. The agreement involved freehold agricultural land in village Bhugaon, Taluka Mulshi, District Pune. A Deed of Cancellation was executed on March 31, 2025, with mutual agreement from all parties. GPL stated that this cancellation would have no material impact on the company's financials, operations, or other activities.

28Mar 25

Godrej Properties' Luxury Project 'Godrej Astra' in Gurugram Sees Stellar Launch, Raking in Over Rs 1,000 Crore

Godrej Properties Limited launched 'Godrej Astra', a luxury project on Golf Course Road, Gurugram. The project saw overwhelming success, with sales exceeding Rs 1,000 crore on the first day, selling approximately 90 homes. Located on 2.76 acres, this marks GPL's second venture in the Golf Course Road micro-market. Gaurav Pandey, MD & CEO, expressed delight at the response and reaffirmed the company's commitment to delivering exceptional living experiences.

26Mar 25

Godrej Properties Expands Footprint with Rs 717 Crore Land Acquisition in Navi Mumbai

Godrej Properties has acquired 6.54 acres in Kharghar, Navi Mumbai for Rs 717 crore on a 60-year lease. The company also announced a new project with an estimated revenue potential of Rs 3,500 crore. These moves strengthen Godrej Properties' presence in the Mumbai Metropolitan Region and demonstrate its aggressive expansion strategy in high-potential areas.

25Mar 25

Godrej Properties Makes Stellar Debut in Hyderabad with ₹1,000 Crore Sales

Godrej Properties Ltd. (GPL) has successfully entered the Hyderabad market with its first project, Godrej Madison Avenue, achieving sales over ₹1,000 crore. Located in Kokapet, the project has sold over 300 homes covering 0.84 million square feet since its January 2025 launch. The company plans to launch a second project in Hyderabad soon, building on this success. GPL, recognized as India's largest developer by residential sales value in FY 2024, continues to focus on sustainable development practices.

24Mar 25

Godrej Properties Expands Footprint in Bengaluru with 10-Acre Land Acquisition

Godrej Properties has acquired approximately 10 acres of land in Yelahanka, North Bengaluru. The project has an estimated revenue potential of ₹25 billion (₹2,500 crore). This strategic move aims to strengthen the company's presence in Bengaluru's real estate market. The location is notable for its proximity to Kempegowda International Airport and growing infrastructure.

21Mar 25

Godrej Properties Expands in Bengaluru, Gains Weight in FTSE All World Index, and Approves Key Transactions

Godrej Properties acquired 10 acres in Bengaluru with ₹2,500 crore revenue potential. The company received a weight upgrade in the FTSE All World Index, potentially attracting $45 million in investments. Shareholders approved two material related party transactions with Godrej Highview LLP and Godrej SSPDL Green Acres LLP, both receiving 99.9996% votes in favor.

04Mar 25

Godrej Properties Terminates Land Development Agreement with TCM Limited in Kochi

Godrej Properties Limited has terminated a long-standing agreement with TCM Limited for a land development project in Kochi, Kerala, effective March 3, 2025. The agreement, originally signed on February 15, 2008, involved developing a land parcel in Thrikkakara, Kochi. Godrej Properties stated in a regulatory filing that this cancellation would not have any material impact on its financial position, operations, or other activities.

03Mar 25

Godrej Properties Terminates Long-Standing Agreement with TCM Limited

Godrej Properties Limited has announced the cancellation of its agreement with TCM Limited for developing a land parcel in Thrikkakara, Kochi. The termination, effective March 03, 2025, ends a partnership that began in 2008. The company stated that this cancellation would not materially impact its financial position or operations. The announcement was made in compliance with SEBI regulations, demonstrating the company's commitment to transparency.

28Feb 25

Godrej Properties Sees Significant Block Trade on NSE

A significant block trade of 364,991 Godrej Properties Ltd. shares was executed on the National Stock Exchange (NSE) at Rs. 1,957.40 per share, totaling Rs. 71.44 crores. This large-scale transaction indicates continued investor interest in the prominent Indian real estate developer.

27Feb 25

Godrej Properties Achieves Record-Breaking Sales of Over ₹1,000 Crore at Evergreen Square Launch in Pune

Godrej Properties Limited launched Godrej Evergreen Square in Hinjewadi, Pune, achieving over ₹1,000 crore in sales within four months. The project sold 1,398 homes, totaling 1.23 million square feet. This marks GPL's most successful launch in Pune to date, both in value and volume. The project has a developable potential of 2.41 million square feet with an estimated revenue potential of ₹2,045 crore.

27Feb 25

CBI Files FIR Against Godrej Properties' Subsidiary for Alleged Environmental Clearance Violation

Godrej Properties Limited's subsidiary, Godrej Estate Developers Private Limited, is facing a CBI investigation over alleged environmental clearance violations for its Godrej Eternia project in Chandigarh. The company denies wrongdoing, stating the project is 6.6 km from Sukhna Wildlife Sanctuary, outside the 2.75 km Environmentally Sensitive Zone. GPL asserts all necessary approvals were obtained and the project was completed 10 years ago. The matter is currently sub-judice in the Punjab and Haryana High Court.

26Feb 25

CBI Files FIR Against Godrej Estate Developers; Company Confident of Compliance

The CBI has registered an FIR against Godrej Estate Developers Private Limited, a subsidiary of Godrej Properties Ltd (GPL), regarding the Godrej Eternia project in Chandigarh. The allegations concern the lack of clearance from the National Board for Wildlife (NBWL). GPL denies these claims, stating the project is 6.6 km from the Sukhna Wildlife Sanctuary, outside the 2.75 km Environmentally Sensitive Zone. The company asserts full compliance with all approvals and is contesting the matter in the Punjab and Haryana High Court. GPL does not anticipate adverse financial consequences but acknowledges the full impact cannot be determined at this stage.