Plans aggressive expansion to retain top spot in India's real estate market
New Delhi, May 11 — Godrej Properties is gearing up to launch housing projects worth ₹40,000 crore in the current financial year as it aims to consolidate its position as the country’s leading listed real estate developer by sales bookings. This ambitious plan follows a record-breaking FY25 in which the company reported sales bookings of ₹29,444 crore — the highest among listed real estate entities in India.In an interview, Executive Chairperson Pirojsha Godrej expressed confidence in sustaining the company’s growth momentum, citing continued strong housing demand despite global economic headwinds.
Project Pipeline and Growth Strategy
For FY26, the company has set a sales bookings target of ₹32,500 crore, which is 20 percent higher than last year’s guidance and 10 percent above actuals achieved in FY25. Godrej Properties also plans to roll out ₹40,000 crore worth of new housing projects, a significant increase over the ₹36,600 crore launched in FY25, which had initially been guided at ₹30,000 crore.A total of 34 projects — new launches or new phases — were introduced last fiscal, covering 292 lakh square feet.
Key upcoming projects include a highly anticipated launch in Worli, Mumbai, scheduled for the first half of FY26, and a major development in Delhi’s Ashok Vihar area, expected by March 2026.
Financial Performance and Market Share
Godrej Properties reported a 93 percent jump in consolidated net profit to ₹1,399.89 crore for FY25, compared to ₹725.27 crore in FY24. The company’s total income also saw robust growth, reaching ₹6,967.05 crore, up from ₹4,334.22 crore in the previous year.Collections from customers rose sharply to ₹17,047 crore from ₹11,436 crore, enabling a healthy operating cash flow. This performance was bolstered by a strong funding position, with ₹6,000 crore raised through a Qualified Institutional Placement (QIP) and ₹7,500 crore generated from operating cash flow.
Additionally, the board has approved a proposal to raise up to ₹2,000 crore via non-convertible debentures and other debt instruments through private placement in one or more tranches.
Market Presence and Diversification
Pirojsha highlighted that the sales were well distributed across key markets such as Delhi-NCR, Mumbai Metropolitan Region, Pune, Bengaluru, and Hyderabad, with some presence in smaller cities through plotted developments.According to PropEquity data cited in the company’s investor presentation, Godrej Properties held a 4.3 percent market share in the tier-I residential market, valued at ₹6.9 lakh crore during FY25.
With its well-capitalized position, diversified regional presence, and aggressive launch pipeline, Godrej Properties appears poised to reinforce its leadership in India's rapidly evolving real estate sector.