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Latest news about Godrej Properties

Godrej Properties Grants 152 Stock Options Under Employee Stock Grant Scheme 35 mins ago Today

Godrej Properties Limited's Nomination and Remuneration Committee approved 152 stock options for an eligible employee under the GPL Employee Stock Grant Scheme on February 05, 2026. The options carry an exercise price of ₹5 per option with a three-year vesting period. Simultaneously, the committee noted the lapse of 1954 previously issued stock grants, with affected employees losing all claim rights.

Godrej Properties Achieves 74% of FY26 Booking Target, Set to Exceed ₹32,500 Crores 3 hrs ago Today

Godrej Properties Sells Land Valued Over ₹1,000 Crore at First Plotted Development 2 days ago

Godrej Properties Sells Homes Worth Over ₹2,000 Crore At Godrej Trilogy Launch 3 days ago

Godrej Properties Acquires 8.5-Acre Land Parcel in Pune's Mahalunge with INR 2,000 Crore Revenue Potential 6 days ago

More news about Godrej Properties

15Jan 26

Godrej Properties Posts 19% Rise in CY25 Booking Value, Retains Top Position

Godrej Properties has maintained its leadership as India's largest listed residential real estate developer for the second consecutive year, achieving ₹34,171 crore in booking value and ₹18,979 crore in collections for CY2025. The company demonstrated strong momentum with Q3 FY26 booking value surging 55% to ₹8,421 crore and FY26 YTD bookings reaching ₹24,008 crore, supported by diversified geographic presence and a robust project portfolio.

01Dec 25

Godrej Properties Secures Prime 5-Acre Land in Hyderabad's Kokapet for Premium Residential Project

Godrej Properties Limited (GPL) has won an e-auction for a 5-acre land parcel in Neopolis, Kokapet, Hyderabad, conducted by the Hyderabad Metropolitan Development Authority. GPL plans to develop a premium residential project with 2.5 million sq. ft. of saleable area and an estimated revenue potential of INR 4,150.00 crore. This acquisition strengthens GPL's presence in Hyderabad, where the company achieved sales over INR 2,600.00 crore in a recent calendar year. Neopolis, Kokapet is a sought-after residential micro-market due to its proximity to the Financial District and HITEC City, robust infrastructure, and presence of global tech companies.

21Nov 25

Godrej Properties Surpasses FY26 Business Development Target with Strategic Nagpur Land Acquisition

Godrej Properties Limited has acquired a 75-acre land parcel in Nagpur, marking its third venture in the city in four years. The acquisition, with an estimated revenue potential of INR 755.00 crore, will primarily develop plotted residential units covering approximately 1.7 million square feet of saleable area. This strategic move surpasses the company's annual business development guidance of INR 20,000 crore for FY26. The project's location offers proximity to key infrastructure including the Samruddhi Mahamarg, MIHAN SEZ, and Dr. Babasaheb Ambedkar International Airport.

16Nov 25

Godrej Properties Set to Launch Rs 22,000 Crore Worth of Housing Units in H2 FY26

Godrej Properties announces plans to launch housing units worth Rs 22,000 crore in the second half of FY26. In H1 FY26, the company launched properties worth Rs 18,600 crore and achieved pre-sales of Rs 15,587 crore, a 13% growth. The company aims for an annual launch target of Rs 40,000 crore and sales bookings of Rs 32,500 crore. Godrej Properties remains confident in meeting its annual guidance, signaling optimism about the real estate market's potential.

11Nov 25

Godrej Properties Delivers Robust Q2 FY2026 Results with 64% Booking Value Growth

Godrej Properties achieved its highest-ever Q2 and H1 net profit, with Q2 net profit at INR 405.00 crores (21% YoY growth) and H1 net profit at INR 1,005.00 crores (18% YoY growth). Q2 booking value increased by 64% YoY to INR 8,505.00 crores. H1 FY2026 booking value reached INR 15,587.00 crores, up 13% YoY. The company added four new projects in Q2 with an estimated booking value of nearly INR 5,000.00 crores. Collections grew by 2% YoY to INR 4,066.00 crores in Q2. Godrej Properties has set a 20% ROE target for FY2028 and maintains its full-year guidance of INR 21,000.00 crores in collections.

10Nov 25

Godrej Properties Eyes ₹325 Billion in Sales by FY26, Says Executive Chairman

Godrej Properties' Executive Chairman has projected that the company's sales could exceed ₹325 billion by fiscal year 2026. This ambitious forecast indicates significant growth expectations for the leading Indian real estate developer, reflecting potential positive trends in the country's residential real estate market. However, actual results may vary based on market conditions and other factors.

09Nov 25

Godrej Properties on Track to Meet Rs 32,500 Crore Sales Target Amid Strong Housing Demand

Godrej Properties is confident in meeting or exceeding its Rs 32,500 crore pre-sales target for the current fiscal year. The company has achieved Rs 15,587 crore in pre-sales in the first half, representing 48% of the annual target and a 13% year-over-year growth. Q2 saw consolidated net profit rise 21% to Rs 402.99 crore, with total income increasing to Rs 1,950.05 crore. Godrej Properties achieved sales bookings over Rs 1,500 crore each in Delhi-NCR, Mumbai, Bengaluru, and Hyderabad. A significant project launch in Mumbai's Worli area, expected to generate over Rs 10,000 crore in revenue, is planned. Despite some collection delays due to monsoon and environmental issues, the company maintains a positive outlook.

06Nov 25

Godrej Properties Reports Strong Q2 FY26 Results and No Deviation in QIP Fund Utilization

Godrej Properties Limited announced robust Q2 FY26 results, with booking value growing 64% YoY to INR 8,505.00 crore. Total income increased by 39% YoY to INR 1,867.00 crore, while net profit rose 21% YoY to INR 405.00 crore. The company sold 4,522 homes across 7.14 million sq. ft. in Q2. Key markets contributing to booking value were Bengaluru, MMR, NCR, and Hyderabad. GPL launched 12 new projects across 8 cities and added 4 new projects with an estimated saleable area of 5.82 million sq. ft. The company is on track to surpass its FY26 booking value guidance of INR 32,500.00 crores, having achieved 48% of the target in H1 FY26.

06Nov 25

Godrej Properties Achieves Record Q2 Booking Value, Expresses Confidence in Exceeding FY26 Targets

Godrej Properties Limited (GPL) achieved its highest ever Q2 and H1 booking value, with Q2 FY26 booking value growing 64% year-on-year to INR 8,505.00 crore. The company sold 4,522 homes covering 7.14 million sq. ft. in Q2. H1 FY26 booking value increased 13% YoY to INR 15,587.00 crore. GPL added 4 new projects in Q2 with an estimated saleable area of 5.82 million sq. ft. Financial highlights include a 39% growth in Total Income to INR 1,867.00 crore and a 21% increase in Net Profit to INR 405.00 crore compared to Q2 FY25. The company remains on track to surpass its FY26 booking value guidance of INR 32,500.00 crores.

06Nov 25

Godrej Properties Reports 64% YoY Growth in Booking Value to INR 8,505 Crore in Q2FY26

Godrej Properties Limited announced robust Q2FY26 results, with booking value reaching INR 8,505.00 crore, up 64% year-on-year. Net profit grew 21% to INR 405.00 crore, while total income increased 39% to INR 1,867.00 crore. The company sold 4,522 homes across 7.14 million sq.ft. and added 4 new projects with an estimated saleable area of 5.82 million sq.ft. Godrej Properties has achieved 48% of its annual guidance for booking value and remains on track to meet its FY26 guidance of INR 32,500.00 crore.

27Oct 25

Godrej Properties Secures RERA Approval for INR 10,000+ Crore Worli Project

Godrej Properties Limited (GPL) has received MahaRERA approval for the first phase of its Godrej Trilogy project in Worli, Mumbai. The project, valued at over INR 10,000 crore, spans 2.63 acres and includes two towers with approximately 11 lakh sq ft of saleable area. Located off Dr. Annie Besant Road, the development offers views of the Mahalaxmi Racecourse and Arabian Sea. The first phase, comprising towers named Seaturf and Seafront, is set to launch in the current quarter.

16Oct 25

Godrej Industries Boosts Stake in Godrej Capital to 91.11% with ₹409 Crore Investment

Godrej Industries has acquired additional shares worth ₹409 crore in its financial services subsidiary, Godrej Capital, increasing its ownership stake to 91.11%. This strategic move aims to strengthen Godrej Industries' position in the financial services sector and capitalize on opportunities in India's expanding financial landscape.

15Oct 25

Godrej Properties Expands Footprint in Bengaluru with Strategic 26-Acre Land Acquisition

Godrej Properties Limited has acquired a 26-acre land parcel near Sarjapur Road in South Bengaluru for a premium residential project. The project has an estimated revenue potential of INR 1,100.00 crore. This acquisition strengthens the company's presence in the Sarjapur Road corridor, a vibrant residential area with excellent connectivity to key employment centers. Godrej Properties has a successful track record in South Bengaluru with projects like Godrej Park Retreat and Godrej Lakeside Orchards.

09Sept 25

Godrej Properties Faces Rs. 240.8 Crore Arbitration Award in Nagpur Project Dispute

Godrej Properties received an arbitration award of Rs. 240.80 crore plus 12% annual interest in its dispute with GoldBricks Infrastructure over the Godrej Anandam project in Nagpur. The company plans to challenge the award in the Bombay High Court, citing shortcomings in the decision. Separately, Godrej Properties bid Rs. 547.78 crore for a 7.8-acre land parcel in Hyderabad with an estimated revenue potential of Rs. 3,800 crore.

25Aug 25

Godrej Properties Hits INR 1,000 Crore Sales Milestone at Hyderabad Project Launch

Godrej Properties launched Godrej Regal Pavilion in Rajendra Nagar, Hyderabad, selling homes worth over INR 1,000 crore. The project sold 683 homes, covering 1.20 million square feet, with a total developable potential of 4.14 million square feet and an estimated revenue potential of INR 3,600 crore. This marks the company's second successful launch in Hyderabad this year to cross the INR 1,000 crore sales threshold. The project is located in the emerging locality of Rajendra Nagar, known for its developing infrastructure and proximity to the airport.

21Aug 25

Godrej Properties Secures Prime Land in Hyderabad for ₹547.78 Crore, Eyes ₹3,800 Crore Revenue Potential

Godrej Properties has won a bid for a 7.825-acre land parcel in Kukatpally, Hyderabad, for ₹547.78 crore through an e-auction by the Telangana Housing Board. The project, located near HITEC City, has an estimated revenue potential of ₹3,800 crore. This acquisition follows recent successful projects in Hyderabad and aligns with the company's growth strategy. Godrej Properties reported a 15.4% increase in net profit to ₹600.00 crore, despite a 41% revenue decline to ₹435.00 crore in recent quarterly results. The company has set a sales target of ₹32,500.00 crore for FY26.

20Aug 25

Godrej Properties Acquires 7% Stake in Godrej Skyline Developers

Godrej Properties Limited (GPL) announced plans to acquire a 7% stake in Godrej Skyline Developers Limited (GSDL) for Rs. 9,25,000. The deal involves purchasing 92,500 equity shares from an existing shareholder. GSDL, focused on residential projects in Pune, reported a turnover of Rs. 5,270.80 Lakh for FY 2024-25. The acquisition is expected to be completed by August 21, 2025, with no regulatory approvals required.

17Aug 25

Godrej Properties' Net Debt Soars 42% Amid Aggressive Land Acquisition Strategy

Godrej Properties reported a 42% increase in net debt to ₹4,637.00 crore in Q1, driven by its ambitious land acquisition strategy. The company acquired five land parcels with a revenue potential of ₹11,400.00 crore and aims to acquire land worth ₹20,000.00 crore this fiscal year. Despite the debt increase, the company has set a ₹10,000.00 crore cap on net debt. Q1 results showed a 15% rise in consolidated net profit to ₹598.40 crore, while total income and pre-sales decreased. Godrej Properties maintains its sales bookings target of ₹32,500.00 crore for the fiscal year.

10Aug 25

Godrej Properties Acquires Land Worth Rs 11,400 Crore, Targets Rs 32,500 Crore Sales Bookings

Godrej Properties acquired five land parcels in Mumbai, Pune, Bengaluru, and Panipat, with a total revenue potential of Rs 11,400 crore. Despite an 18% decline in quarterly pre-sales to Rs 7,082 crore, the company saw a 15% increase in consolidated net profit to Rs 598.40 crore. Godrej Properties maintains its annual sales bookings target of Rs 32,500 crore and aims to add projects worth Rs 20,000 crore by Q2/Q3 of 2025-26. The company remains the largest real estate firm in India by sales bookings for the past two financial years.

04Aug 25

Godrej Properties Reports Record Q1 Profit, Achieves ₹7,082 Crores in Bookings

Godrej Properties posted a record quarterly net profit of ₹600 crores, up 15% year-on-year, despite an 18% decline in booking value to ₹7,082 crores. The company sold 4,231 homes across 6.17 million square feet. Collections grew 22% to ₹3,670 crores, while EBITDA increased 18% to ₹915 crores. Godrej Properties added 5 new projects with an estimated booking value of ₹11,400 crores and achieved 57% of its annual business development guidance in Q1. The company maintains its ₹32,500 crores bookings target for the year.

04Aug 25

Godrej Properties Sets Rs. 10,000 Crore Net Debt Limit, Plans 20 Billion Rupee Bond Issue

Godrej Properties has established a net debt limit of Rs. 10,000 crore and plans to raise Rs. 2,000 crore through its largest bond issue. The company has achieved 57% of its annual business development target in Q1 and expects a 30-40% increase in construction spending compared to last year. Recently, it acquired 50 acres of land in Chhattisgarh for premium plotted residential units.

01Aug 25

Godrej Properties Reports Record Q1 Profit, Shareholders Approve Key Appointments

Godrej Properties announced its highest ever quarterly net profit of INR 600.00 crores, a 15% year-on-year growth. The company recorded INR 7,082.00 crores in booking value, marking the 8th consecutive quarter exceeding INR 5,000.00 crore. Five new projects were added with an estimated saleable area of 9.24 million sq. ft. Shareholders approved the re-appointment of Gaurav Pandey as Managing Director and CEO, and Pirojsha Godrej as a director. The company's strong performance and business development efforts position it well for future growth in India's robust real estate market.

01Aug 25

Godrej Properties Reports Efficient Utilization of QIP Proceeds, Adhering to Stated Objectives

Godrej Properties Limited has submitted its monitoring agency report for Q2 2025, detailing the use of funds from its Rs 6,000 crore QIP. The company has utilized Rs 3,802 crore for land acquisition and development rights, and Rs 621 crore for general corporate purposes. The remaining Rs 2,119 crore is invested in mutual funds and fixed deposits, generating returns of 7.18% to 8.65%. ICRA Limited, the monitoring agency, confirms no deviations from stated objectives, with project completion targeted for March 31, 2028.

01Aug 25

Godrej Properties Reports 15.4% Net Profit Growth Despite Revenue Decline in Q1

Godrej Properties Limited (GPL) announced its Q1 financial results, showing a 15.4% increase in net profit to ₹600.00 crore, but a 41% decline in revenue to ₹435.00 crore. The company reported an EBITDA loss of ₹243.00 crore. Booking value decreased by 18% to ₹7,082.00 crore, marking the eighth consecutive quarter exceeding ₹5,000.00 crore. GPL added five new projects with 9.24 million sq ft of saleable area, achieving 57% of its annual guidance. The company's shares traded 0.59% lower at ₹2,090.40, down 25% year-to-date.

31Jul 25

Godrej Properties Corrects Land Acquisition Details for Vadodara Project

Godrej Properties Ltd (GPL) has issued a correction regarding their land acquisition in Vadodara, Gujarat. The estimated saleable area for the project is approximately 9 lakh square feet, not 0.9 lakh as previously stated. GPL has acquired about 34 acres on Ajwa Road for a premium plotted residential development, marking their entry into Vadodara's real estate market. This is their second land acquisition in Gujarat within a year. The project is located in a growing real estate corridor with good connectivity to key city landmarks and Vadodara Airport.

31Jul 25

Godrej Properties Corrects Vadodara Land Acquisition Details, Expands Gujarat Presence

Godrej Properties Ltd (GPL) has issued a correction regarding its land acquisition in Vadodara, Gujarat. The estimated saleable area for the project is approximately 9 lakh square feet, not 0.9 lakh as initially reported. GPL has acquired 34 acres on Ajwa Road, marking its entry into Vadodara's real estate market. The development will primarily comprise premium plotted residential units in a growing real estate corridor with excellent connectivity. This acquisition aligns with GPL's strategy to enter high-growth cities through plotted developments.

31Jul 25

Godrej Properties Expands Footprint with 34-Acre Land Acquisition in Vadodara

Godrej Properties Ltd. (GPL) has acquired approximately 34 acres of land on Ajwa Road in Vadodara, marking its entry into the city's real estate market. The company plans to develop a premium plotted residential project with an estimated saleable area of 0.90 lakh square feet. This acquisition is GPL's second in Gujarat within a year, following a 3-acre purchase in Ahmedabad. The strategic location offers excellent connectivity to key city landmarks, commercial hubs, and the airport. Gaurav Pandey, MD & CEO of Godrej Properties, emphasized the company's focus on entering high-growth cities through plotted developments.

28Jul 25

Godrej Properties Sees Rs. 24.45 Crore Block Trade on NSE

A significant block trade of Godrej Properties Ltd. shares occurred on the National Stock Exchange (NSE). The transaction involved 111,794 shares traded at Rs. 2,187.50 per share, totaling approximately Rs. 24.45 crores. This large-scale trade has drawn attention from market observers and investors, potentially indicating significant investor interest or changes in substantial shareholdings.

23Jul 25

Godrej Properties Secures Enhanced Credit Rating for Non-Convertible Debentures

India Ratings and Research has affirmed Godrej Properties' Non-Convertible Debentures (NCDs) rating at 'IND AA+ (Stable)' while increasing the rated amount from Rs. 2,500 crore to Rs. 4,500 crore. The company's Commercial Paper program, rated at 'IND A1+', remains unchanged at Rs. 3,500 crore. This enhancement in credit rating limit provides Godrej Properties with greater financial flexibility and reflects confidence in its financial stability.

22Jul 25

ICRA Reaffirms and Enhances Credit Ratings for Godrej Properties' Rs 20,500 Crore Financial Instruments

ICRA Limited has reaffirmed and assigned credit ratings for Godrej Properties' financial instruments totaling Rs 20,500 crore. The non-convertible debentures limit was increased from Rs 4,000 crore to Rs 6,000 crore, maintaining an [ICRA]AA+ (Stable) rating. The Rs 3,500 crore commercial paper program retained its [ICRA]A1+ rating. Long-term and short-term bank facilities totaling Rs 11,000 crore maintained their [ICRA]AA+ (Stable) and [ICRA]A1+ ratings respectively. These ratings indicate high safety and low credit risk for Godrej Properties' financial obligations.

22Jul 25

ICRA Reaffirms and Enhances Credit Ratings for Godrej Properties' Rs 20,500 Crore Financial Instruments

ICRA Limited has reaffirmed and assigned credit ratings for Godrej Properties' financial instruments totaling Rs 20,500.00 crore. The non-convertible debentures (NCDs) limit was increased from Rs 4,000.00 crore to Rs 6,000.00 crore, maintaining an [ICRA]AA+ rating with a stable outlook. Commercial Paper received an [ICRA]A1+ rating, while Bank Facilities (Long-term and Short-term) were rated [ICRA]AA+ (Stable) and [ICRA]A1+ respectively. These ratings reflect Godrej Properties' strong financial position and low credit risk.

22Jul 25

ICRA Reaffirms Strong Credit Ratings for Godrej Properties' Rs 20,500 Crore Financial Instruments

ICRA Limited has reaffirmed and assigned high credit ratings for Godrej Properties' financial instruments totaling Rs 20,500 crore. The non-convertible debentures (NCDs) limit was increased from Rs 4,000 crore to Rs 6,000 crore, maintaining an [ICRA]AA+ (Stable) rating. Commercial paper worth Rs 3,500 crore retained an [ICRA]A1+ rating, while bank facilities of Rs 11,000 crore were reaffirmed with [ICRA]AA+ (Stable) for long-term and [ICRA]A1+ for short-term ratings. These ratings reflect Godrej Properties' strong financial position and creditworthiness in the real estate sector.

18Jul 25

Godrej Properties Expands Footprint in North Bengaluru with 48-Acre Land Acquisition

Godrej Properties Ltd has acquired a 48-acre land parcel in Doddaballapur, North Bengaluru, near the Satellite Town Ring Road. The development will primarily consist of plotted units with a potential saleable area of 1.1 million square feet. Doddaballapur is emerging as a real estate hotspot due to its connectivity to the airport, ongoing infrastructure development, and proximity to attractions like Nandi Hills. This acquisition aligns with Godrej Properties' expansion strategy in key growth markets.

17Jul 25

Godrej Properties Expands Footprint: Enters Raipur Market with 50-Acre Land Acquisition

Godrej Properties Ltd. has acquired approximately 50 acres of land near Old Dhamtari Road in Raipur for a premium plotted development project. The project is estimated to have a saleable area of 9.5 lakh square feet and is strategically located with excellent connectivity to central Raipur, railway station, and airport. The site benefits from proximity to social infrastructure and upcoming expressways, enhancing its appeal for residential development.

16Jul 25

Godrej Properties Expands Footprint: Acquires 50-Acre Land Parcel in Raipur

Godrej Properties Ltd. has acquired approximately 50 acres of land near Old Dhamtari Road in Raipur, marking its strategic entry into the Chhattisgarh capital's real estate market. The company plans to develop a premium plotted residential project with an estimated saleable area of 9.5 lakh square feet. The land is strategically located with good connectivity to central Raipur, the railway station, and the airport, as well as proximity to upcoming expressways. Raipur's real estate market shows promise, particularly in the plotted development segment, supported by growing infrastructure and social amenities.

01Jul 25

Godrej Properties Divests 2.5% Stake in Vivrut Developers for ₹8.63 Crore

Godrej Properties Limited has sold its 2.5% stake in Vivrut Developers Private Limited to Godrej Ventures and Investment Advisers Private Limited for ₹8.63 crore. The transaction, completed on July 1, 2025, is a related party deal executed at arm's length based on fair valuation principles. This move suggests a strategic realignment within the Godrej group, potentially aimed at optimizing their investment portfolio or streamlining operations.

30Jun 25

Godrej Properties Acquires 43-Acre Land in Panipat with ₹1,250 Crore Revenue Potential

Godrej Properties has acquired a 43-acre land parcel in Sector 40, Panipat, Haryana, for developing a plotted residential township. The project has a revenue potential exceeding ₹1,250.00 crore and will cover 1.02 million square feet. This marks Godrej Properties' fourth residential plotted township in North India, strategically located near the National Highway.

25Jun 25

Godrej Properties Acquires Stakes in Three Companies for ₹539.6 Million

Godrej Properties has completed share purchases in three companies: Madhuvan Enterprises, Munjal Hospitality, and Vagishwari Land Developers. The total investment amounts to ₹539.60 million. While specific stakes acquired were not disclosed, this move is seen as part of Godrej Properties' strategic expansion plans, potentially strengthening its position in the real estate market and diversifying its portfolio.

25Jun 25

Godrej Properties Divests 2.5% Stake in MEPL for ₹32.50 Crore

Godrej Properties, a leading Indian real estate developer, has announced the sale of a 2.5% stake in MEPL (presumed to be Mahalaxmi Enclave Private Limited) for ₹32.50 crore. The buyer and rationale behind the sale were not disclosed. This transaction could be part of Godrej Properties' strategy to optimize its investment portfolio or raise capital for other projects. The full financial impact remains unclear without additional context about MEPL's total valuation or Godrej Properties' original stake.

23Jun 25

Godrej Properties' Bengaluru Township Launch Rakes in Rs 2,000 Crore

Godrej Properties launched Godrej MSR City, a township project in North Bengaluru's Devanahalli area, generating over Rs 2,000 crore in sales. The project's first phase, Barca @ Godrej MSR City, sold more than 1,450 homes covering 2.20 million square feet. The entire township has a development potential of 5.60 million square feet, making it Godrej Properties' largest venture in Bengaluru. The successful launch indicates strong demand for quality housing in emerging areas like Devanahalli, which is strategically located near Kempegowda International Airport.

23Jun 25

Godrej Properties Launches Bengaluru Project, Sells Homes Worth Over ₹2,000 Crore

Godrej Properties has successfully launched its new project, Godrej MSR City, in Bengaluru, selling homes worth over ₹2,000 crore. The strong sales figures indicate robust demand for quality residential properties in the tech hub. The project's success highlights Godrej Properties' brand trust, strategic location choice, and alignment with buyer preferences. This launch demonstrates the company's strong position in Bengaluru's competitive real estate market and may set new industry benchmarks.

17Jun 25

Godrej Properties Expands Footprint with ₹3,100 Crore Land Acquisition in Pune

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.

16Jun 25

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

Godrej Properties has announced plans to develop a premium residential project on a 14-acre land parcel in Bengaluru. The project has an estimated developable potential of 1.5 million square feet and is projected to generate revenue of ₹1,500.00 crore. This announcement follows a recent 14-acre land acquisition in Pune with a projected revenue of ₹4,200.00 crore, highlighting the company's aggressive expansion strategy in key Indian real estate markets.

02Jun 25

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

Godrej Properties has acquired a 14-acre land parcel in Pune's Kharadi-Wagholi area. The company plans to develop a premium group housing project spanning 3.7 million square feet, with an estimated revenue potential of ₹4,200 crore. This strategic move aims to strengthen Godrej Properties' presence in Pune's growing real estate market, particularly in the high-demand area near major IT hubs.

19May 25

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

Godrej Properties has acquired 14 land parcels in FY25 with potential revenue of Rs 26,500 crore. For FY26, the company plans to launch housing projects worth Rs 40,000 crore and targets sales bookings of Rs 32,500 crore, a 20% increase from the previous year. These strategic moves aim to capitalize on urban housing demand and strengthen the company's market position.

05May 25

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

Godrej Properties has announced plans to increase residential bookings to over ₹32,500 crore in FY26, representing a 20% growth over FY25 guidance. This ambitious target signals the company's confidence in the real estate market and its expansion strategy. The move could potentially increase Godrej Properties' market share and influence industry dynamics.

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.