Latest news about Godrej Properties
Godrej Properties: Record Sales Pipeline Projected to Deliver ~₹8,400 Cr EBIT and ~₹5,100 Cr Net Profit Over Next 3–4 Years; Company Reiterates 20% ROE Target by FY28
Godrej Properties
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More news about Godrej Properties
02Jul 26
Godrej Properties wins Noida land bid for ₹331.75 crore
Godrej Properties acquired a 4.95-acre residential land parcel in Sector 151, Noida, for ₹331.75 crore via an e-auction conducted by NOIDA. The company plans to develop a premium group housing project with an estimated revenue potential exceeding ₹2,000 crore. This follows a recent acquisition of a 23.2-acre plot in Greater Noida with a revenue potential exceeding ₹7,000 crore.
01Jul 26
Morgan Stanley Initiates Overweight on Godrej Properties with ₹2,100 Target Price
Morgan Stanley has assigned an Overweight rating to Godrej Properties with a target price of ₹2,100, backed by strong 1QFY27 pre-sales of ₹71bn. The brokerage projects the company will achieve a 20% ROE by FY28, underpinned by a PAT of ₹45–50bn and sustainable net margins of 15%. Morgan Stanley also cites low market share and low inventory as structural drivers of a long growth runway, while noting no AI-led demand impact on the business.
01Jul 26
Godrej Properties acquires 47-acre Chennai land with ₹500 crore potential
Godrej Properties acquired a ~47 acre land parcel off Old Mahabalipuram Road in Chennai, targeting a revenue potential of ~INR 500 crore. The project will feature plotted residential units with a developable potential of ~1.2 million square feet, leveraging the area's connectivity to employment hubs like SIPCOT.
23Jun 26
Godrej Properties Records ₹22.96 Crore Block Trade on NSE at ₹1820.90 Per Share
Godrej Properties recorded a block trade on the NSE involving approximately 1,26,070 shares at ₹1820.90 per share, aggregating to a total transaction value of ₹22.96 crores. The trade highlights notable institutional-level activity in the stock on the exchange.
20Jun 26
Godrej Properties fixes record date for ₹10 dividend
Godrej Properties Limited has fixed July 28, 2026, as the record date for a ₹10 per share dividend recommended for FY26, subject to shareholder approval at the 41st AGM on August 04, 2026. The meeting will be held via video conferencing, and dividends will be paid electronically by September 03, 2026. Members with physical shares must update KYC details to receive payouts.
18Jun 26
Godrej Properties confirms no encumbrance on promoter shares in FY26
Godrej Properties Limited's promoters confirmed no encumbrance on shareholding in FY26. The declaration, filed by Nadir Godrej, complies with SEBI takeover regulations. The disclosure covers over 100 entities within the promoter group.
10Jun 26
Godrej Properties sells homes worth over ₹2,000 crore at Bengaluru launch
Godrej Properties sold homes worth over ₹2,000 crore during the launch of Godrej Vanantara in Bengaluru, selling over 1,000 units covering 1.8 million sq. ft. The 36-acre project, located off Bannerghatta Road, has a developable potential of ~3.53 million sq. ft. and an estimated revenue potential of ~₹3,700 crore. MD & CEO Gaurav Pandey attributed the strong response to evolving customer priorities towards design and liveability.
02Jun 26
Godrej Properties wins Greater Noida land with ₹7,000 crore potential
Godrej Properties acquired a 23.2-acre residential land parcel in Greater Noida via an e-auction, with an estimated revenue potential exceeding ₹7,000 crore. The project, located in the DMIC integrated township, will feature premium residential apartments and strengthen the company's presence in the NCR market.
30May 26
Godrej Properties to host analyst meet on June 4 in Mumbai
Godrej Properties has announced an analyst and institutional investor meet scheduled for June 4, 2026, in Mumbai. The meeting will include 1-on-1 and group sessions, featuring the company's latest quarterly investor presentation.
23May 26
Godrej Properties signs INR 1,100 crore construction contracts with Tata Projects
Godrej Properties has entered into a partnership with Tata Projects for construction contracts worth INR 1,100 crore across three luxury developments on Golf Course Road, Gurgaon. The deal, the largest single construction contract awarded by the company to date, covers core and shell works for Godrej Sora, Godrej Astra, and Godrej Samaris.
14May 26
Godrej Properties Records ₹25.81 Crore Block Trade on NSE at ₹1731.80 Per Share
Godrej Properties recorded a block trade on the NSE involving approximately 1,49,055 shares at ₹1731.80 per share. The total transaction value amounted to ₹25.81 crores. Block trades of this scale are generally associated with institutional investor activity and are executed outside the open market to limit price impact.
06May 26
Godrej Properties FY26 Results: PAT ₹1,840.66 Cr; ₹10 Dividend, AGM Aug 4
Godrej Properties reported FY26 consolidated PAT of ₹1,840.66 crore and Q4 FY26 revenue of ₹3,458.13 crore, with the Board recommending a ₹10 per share dividend and approving ₹3,000 crore debt raising. The audited results were published in Financial Express and Loksatta on May 05, 2026, per SEBI Regulation 47, 52, and 30 compliance, with results accessible via QR code on the company's website.
05May 26
Godrej Properties FY26 Bookings Hit ₹34,171 Cr; FY27 & FY28 Targets Unveiled
Godrej Properties delivered ₹42,100 Cr in FY26 business development, surpassing its ₹20,000 Cr target by 211%, while FY26 bookings hit ₹34,171 Cr at 105% of guidance. For FY27, the company targets over ₹39,000 Cr in bookings and over ₹24,000 Cr in collections, both representing ~20% growth. FY28 objectives include a 20% ROE target and strong positive free cash flow driven by new project launches.
04May 26
Godrej Properties Submits Monitoring Agency Report on QIP Proceeds Utilisation for Quarter Ended March 31, 2026
Godrej Properties Limited filed its ICRA Limited-monitored QIP proceeds utilisation report for the quarter ended March 31, 2026, confirming no deviations from the objects of the issue. Actual net proceeds stood at INR 5,921.00 crore, marginally above the estimated INR 5,915.000 crore due to lower offer-related expenses. Cumulative utilisation towards land acquisition reached INR 4,434.351 crore by quarter-end, with INR 224.773 crore deployed during the quarter and a total unutilised balance of INR 1,486.649 crore. The unutilised proceeds were deployed across 28 mutual fund instruments with a combined market value of Rs. 1,748.411 crore as at March 31, 2026.
04May 26
Godrej Properties Approves 29,371 Stock Option Grants and Notes Lapse of 3,418 Stock Grants Under GPL ESGS
Godrej Properties Limited's Nomination and Remuneration Committee, at its meeting on May 04, 2026, approved the grant of 29,371 stock options to eligible employees under the GPL ESGS at an exercise price of ₹5 per option, with each option entitling the holder to one equity share of face value ₹5. The options vest over three years and are exercisable within one month from the date of vesting. The Committee also noted the lapse of 3,418 stock grants under the GPL ESGS, after which the concerned employee loses all rights to the lapsed grants. The disclosures were filed pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015.
30Apr 26
Godrej Properties Announces Senior Management Personnel Changes Effective July 2026
Godrej Properties Ltd. has disclosed significant changes in its senior management personnel pursuant to Regulation 30 of SEBI Listing Regulations. Mr. Lalit Makhijani, Chief Sales, Marketing and Customer Centricity Officer, has tendered his resignation effective from the closure of business hours on June 30, 2026, to pursue new professional opportunities outside the company. Following this transition, Mr. Subhasish Pattanaik, currently serving as Zonal CEO – West East, has been appointed as the new Chief Sales, Marketing and Customer Centricity Officer effective July 1, 2026. Additionally, Mr. Mayank Poddar, presently Head – Strategic Initiatives, has been appointed as Zonal CEO – West East from July 1, 2026, completing the management restructuring process.
23Apr 26
Godrej Properties Expects to Achieve Cash Positive Status by FY 2028
Godrej Properties has set a target to achieve cash positive status by FY 2028, representing a key financial milestone for the real estate developer. This projection reflects the company's strategic planning and confidence in its operational capabilities to generate sustainable cash flows within the specified timeframe.
23Apr 26
Godrej Properties Targets Doubling Market Share to 10% Within Next 5 Years
Godrej Properties has announced plans to double its current market share to 10% within the next five years. This ambitious target represents a significant expansion strategy for the real estate developer in India's competitive property market, indicating the company's confidence in scaling operations and capturing larger market presence through strategic initiatives.
23Apr 26
Godrej Properties Plans to Launch Projects Worth ₹42,000 Crore This Year
Godrej Properties has announced plans to launch new real estate projects worth ₹42,000 crore during the current year. This major development initiative represents a significant expansion in the company's project pipeline and demonstrates strong confidence in market conditions and growth prospects in the Indian real estate sector.
22Apr 26
Godrej Group Sets Ambitious ₹5 Lakh Crore Market Cap Target By 2031
Pirojsha Godrej has announced an ambitious target of ₹5 lakh crore market capitalization for all Godrej Group companies by 2031. The group plans to achieve over 15% annual sales growth in new business segments as part of this strategic vision. This announcement reflects the conglomerate's confidence in its growth trajectory and expansion plans across various business verticals, with Godrej Properties expected to play a key role in achieving these targets.
21Apr 26
HSBC Maintains Buy Rating on Godrej Properties with ₹2,800 Target Price
HSBC has maintained its Buy rating on Godrej Properties with a target price of ₹2,800, supported by management's target of 20% pre-sales growth for FY27 and expectations of FCFE turning positive with potential dividend distribution. The company is targeting approximately 20% ROE by FY28, backed by a strong launch pipeline, though risks include slower project additions, costly land acquisitions, and rising competition.
20Apr 26
Jefferies Maintains Buy Rating on Godrej Properties with Target Price ₹2,420
Jefferies maintains its Buy rating on Godrej Properties Limited with a target price of ₹2,420, citing strong ROE visibility of approximately 20% by FY28 driven by construction-led deliveries. The recommendation is supported by margins trending to the upper 10-15% range, tight underwriting and execution discipline, promoter stake increase signaling confidence, and attractive valuations at less than 10x FY28E PE and approximately 7.5x FY26 EV/OCF.
14Apr 26
Godrej Properties Announces NCLT Hearing for Amalgamation with Embellish Houses Private Limited
Godrej Properties Limited has announced an NCLT hearing scheduled for April 30, 2026, regarding the proposed amalgamation scheme with Embellish Houses Private Limited. The hearing follows a March 12, 2026 order from NCLT Mumbai bench, with the company fulfilling regulatory compliance by publishing newspaper advertisements in Business Standard and Navshakti. The scheme involves Embellish Houses Private Limited as the transferor company merging with Godrej Properties Limited as the transferee company.
10Apr 26
Godrej Properties FY2026 Collections Rise 17% To ₹19,965 Cr, Falls Short Of Guidance
Godrej Properties delivered mixed FY2026 results with collections of ₹19,965 crore growing 17% YoY but missing ₹21,000 crore guidance. The company achieved record booking value of ₹34,171 crore, added 18 new projects worth ₹42,100 crore future sales potential, and increased construction spend by 62% while delivering 12.1 million sq. ft. across 9 cities.
10Apr 26
Godrej Properties Schedules Analyst and Investor Meet in Hong Kong for April 16, 2026
Godrej Properties Limited has scheduled an analyst and investor meeting for April 16, 2026, in Hong Kong, as disclosed in a regulatory filing dated April 09, 2026. The event will feature multiple investors participating in both 1-on-1 and group meeting formats. The company will present its latest quarterly investor presentation, which is available on its website and has been submitted to stock exchanges. The schedule remains subject to potential changes due to exigencies from participants or company officials.
10Apr 26
Godrej Properties Reschedules Singapore Investor Meeting to April 15, 2026
Godrej Properties Limited has updated its investor engagement schedule, moving the Singapore meeting from April 14 to April 15, 2026. The meeting format has been refined to focus on 1-on-1 sessions with multiple investors, maintaining compliance with SEBI regulations while providing flexibility for potential schedule changes.
09Apr 26
Godrej Properties Submits SEBI Compliance Certificate for Q4 FY26
Godrej Properties Limited has filed its quarterly compliance certificate under SEBI Regulation 74(5) for Q4 FY26, confirming adherence to dematerialization requirements. The certificate, issued by registrar KFin Technologies Limited, was submitted to BSE and NSE on April 09, 2026, fulfilling regulatory obligations for the quarter ended March 31, 2026.
09Apr 26
GIC Private Limited Reduces Stake in Godrej Properties Through Open Market Sale
GIC Private Limited has reduced its stake in Godrej Properties Limited from 6.461% to 6.406% through an open market sale of 166,984 equity shares on 07 April 2026. The transaction was conducted on behalf of Government of Singapore, Monetary Authority of Singapore, and Gamnat Pte Ltd, with the disclosure made under SEBI's substantial shareholding regulations. GIC's current holding stands at 19,294,080 shares across the three entities.
08Apr 26
Jefferies Maintains Buy Rating on Godrej Properties, Cuts Target Price to ₹2,420
Jefferies maintains its Buy rating on Godrej Properties while cutting the target price to ₹2,420 from ₹2,700. The revision accounts for the Middle East conflict slowing Q1FY27 home-buying decisions and reduced FY27 pre-sales growth expectations to approximately 6% year-on-year versus 21% in FY26. Higher interest and capitalization rates by 50 basis points also influenced the outlook, though the brokerage believes recent valuation corrections limit downside risk.
18Mar 26
Godrej Properties Purchases 20 Acres In Whitefield For ₹1,350 Crore Revenue Target
Godrej Properties Limited has acquired approximately 20 acres of land near Whitefield, Bengaluru, targeting a revenue potential of ₹1,350 crore through premium residential development. The strategically located property in the Whitefield growth corridor offers excellent connectivity via NH-648 and metro stations, positioning the company to capitalize on stable residential demand in this mature micro-market.
14Mar 26
Anamudi Real Estates Files SEBI Disclosure for Godrej Properties Share Acquisition
Anamudi Real Estates LLP has filed a comprehensive regulatory disclosure with BSE and NSE under SEBI Regulation 29(2) regarding its acquisition of 70 equity shares in Godrej Properties Limited on March 12, 2026. The transaction, conducted through open market purchase, maintains the promoter group entity's individual shareholding at 4.496% and collective holding with persons acting in concert at 51.663%, ensuring continued compliance with substantial acquisition disclosure requirements.
13Mar 26
Godrej Properties Enters Coimbatore with 44-Acre Land Acquisition for ₹450 Crore Revenue Potential
Godrej Properties has strategically entered the Coimbatore real estate market by acquiring approximately 44 acres of land in South Coimbatore for a premium plotted residential development. The project offers significant revenue potential of ₹450 crore with developable area of 1.1 million sq. ft., positioned near Coimbatore Golf Club in a sought-after micro-market.
09Mar 26
Godrej Properties Allots 1,397 Equity Shares Under Employee Stock Grant Scheme
Godrej Properties Limited has allotted 1,397 equity shares of Rs. 5 each under its Employee Stock Grant Scheme 2011 following exercise by option grantees. The Allotment Committee approved this on March 09, 2026, increasing the company's paid-up capital to Rs. 1,50,60,38,705 with total equity shares of 30,12,07,741. The allotment was conducted in compliance with regulatory requirements and scheme provisions.
07Mar 26
Anamudi Real Estates LLP Files Regulatory Disclosure for Godrej Properties Stake
Anamudi Real Estates LLP, part of Godrej Properties' promoter group, acquired 9,49,684 additional shares through open market purchase on March 5, 2026. The acquisition increased the entity's individual shareholding from 3.05% to 3.36%, while the combined promoter group holding rose from 50.22% to 50.53%. The formal regulatory disclosure was filed under SEBI Regulation 29(2) on March 6, 2026.
04Mar 26
Godrej Properties Wins Bid for 5-Acre Kolkata Land with ₹1,650 Crore Revenue Potential
Godrej Properties has won the bid for approximately 5 acres of prime land located off EM Bypass in Kolkata through an e-auction conducted by WBHIDCO. The strategic acquisition is expected to generate around ₹1,650 crore in revenue potential through premium residential development, leveraging the location's excellent connectivity and infrastructure advantages.
04Mar 26
Godrej Properties Acquires 11-Acre Land Parcel in Gurugram with Revenue Potential of Over ₹4,500 Crore
Godrej Properties has strategically acquired 11.36 acres of prime land in Sector 63A, Gurugram for residential development with revenue potential over ₹4,500 crore. This acquisition strengthens the company's presence in the NCR region and contributes to their record FY26 business development performance, adding over ₹40,000 crore in future sales potential.
23Feb 26
Godrej Properties Secures Joint Development Agreement for 18-Acre Thane Project Worth Over INR 7,500 Crore
Godrej Properties Ltd. has entered into a joint development agreement for an approximately 18-acre land parcel in Thane, Mumbai, with an estimated revenue potential of over INR 7,500 crore. The largely residential project is strategically located in an established micro-market with excellent connectivity to existing and upcoming infrastructure including metro lines and transportation corridors. This represents the company's fourth development in Thane, supporting its strategic expansion in high-potential micro-markets across the Mumbai Metropolitan Region.
21Feb 26
Anamudi Real Estates LLP Files Regulatory Disclosure for Godrej Properties Stake Acquisition
Anamudi Real Estates LLP officially disclosed the acquisition of 5,20,000 equity shares in Godrej Properties Limited through open market purchase, filed under SEBI Takeover Regulations. The transaction increased the promoter group entity's individual shareholding from 1.17% to 1.34%, while the combined holding with persons acting in concert rose to 48.51%.
10Feb 26
Godrej Properties Q3FY26 Earnings Call: Record Booking Value of ₹8,421 Crores
Godrej Properties conducted its Q3FY26 earnings conference call on February 05, 2026, showcasing exceptional performance with record third quarter booking value of ₹8,421 crores representing 55% year-on-year growth. The company achieved its best ever calendar year 2025 with ₹34,171 crores bookings and maintained leadership as India's largest residential real estate developer. Management outlined extensive launch pipeline and expressed confidence in exceeding annual guidance.
06Feb 26
Godrej Properties Anticipates Strong Growth Across Key Areas for FY27
Godrej Properties expects strong growth across key areas for FY27, particularly in sales, with detailed guidance to be provided during Q4 results. The company maintains a diverse product portfolio with strong demand across premium, luxury, and mid-segments, focusing on value creation and unique offerings rather than concentrating on any single market segment.
06Feb 26
Godrej Properties Exceeds Business Development Target, Eyes Strong FY26 Cash Flow
Godrej Properties has exceeded its business development expectations by achieving 123% of its annual target in the first nine months of FY26. The company projects strong operating cash flow in Q4 driven by higher deliveries and collections, expecting to surpass FY25 operating cash flow levels. Combined with its exceptional booking performance and progress toward annual targets, the company demonstrates robust operational execution across multiple business metrics.
05Feb 26
Godrej Properties Grants 152 Stock Options Under Employee Stock Grant Scheme
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.
03Feb 26
Godrej Properties Sells Land Valued Over ₹1,000 Crore at First Plotted Development
Godrej Properties has set a new record with land sales valued over ₹1,000 crore at its first plotted development in Panipat, Evora Estate. The 43-acre Mediterranean-themed project sold over 600 plots covering 8 lakh square feet since its December 2025 launch, representing the company's most successful plotted development by sales value and strengthening its position as India's largest developer by residential sales value.
02Feb 26
Godrej Properties Sells Homes Worth Over ₹2,000 Crore At Godrej Trilogy Launch
Godrej Properties has reported exceptional sales performance at its premium residential project Godrej Trilogy in Worli, South Mumbai, achieving sales worth over ₹2,000 crore since its November 2025 launch. The company has sold nearly 100 luxury homes from a total inventory worth approximately ₹3,500 crore, demonstrating strong market demand for high-end residential properties in Mumbai's coveted Worli location.
30Jan 26
Godrej Properties Acquires 8.5-Acre Land Parcel in Pune's Mahalunge with INR 2,000 Crore Revenue Potential
Godrej Properties Limited has acquired an 8.5-acre land parcel in Mahalunge, Pune through outright purchase, with an estimated revenue potential of INR 2,000 crore. The group housing project offers 2.1 million square feet of developable potential in the strategically located Mahalunge-Hinjewadi micro market. The site benefits from proximity to the upcoming Pune Inner Ring Road, premier educational institutions, and major IT and BFSI hubs, supporting the company's expansion strategy in high-potential urban markets.
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.
07Nov 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.
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.
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.
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