Godrej Properties Plans Rs 22,000 Crore Housing Launches in H2; Profit Surges 21%

Real Estate

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Updated on 16 Nov 2025, 09:59 am

Godrej Properties plans to launch new housing units valued at around Rs 22,000 crore during the latter half of the current fiscal year. This strategic move aims to leverage the sustained strong consumer demand in the real estate market. The company has already launched properties worth Rs 18,600 crore and achieved sales bookings of nearly Rs 15,600 crore in the first six months, positioning it well to meet or surpass its full-year guidance of Rs 40,000 crore in launches and Rs 32,500 crore in sales.

During the first half of the fiscal year, Godrej Properties' pre-sales grew by 13%, reaching Rs 15,587 crore from Rs 13,835 crore in the same period last year. The company recently announced a 21% year-on-year rise in its consolidated net profit for the second quarter, amounting to Rs 402.99 crore. Total income also saw an increase, rising to Rs 1,950.05 crore in the July-September period from Rs 1,346.54 crore a year ago.

Executive Chairperson Pirojsha Godrej expressed optimism about the market, noting that it is holding up well with attractive demand. The company has secured Rs 6,000 crore in equity capital through a Qualified Institutional Placement (QIP) last year, which, combined with operating cash flow, will support further investment and growth. Major projects are underway in Mumbai, including a new launch planned in Bandra by March-end, and the company is also expanding its offerings to include residential plots in tier II cities.

Impact: This news is highly positive for Godrej Properties, indicating strong sales momentum and profit growth driven by demand. The substantial launch pipeline suggests future revenue streams and market expansion. Investors may view this as a sign of sustained growth and market leadership, potentially boosting the company's stock valuation. The overall real estate sector may also see a positive sentiment. The rating for the impact on the Indian stock market is 8/10.

Difficult Terms: * **Fiscal Year**: A 12-month period used by companies and governments for financial reporting and budgeting. It does not necessarily align with the calendar year (January-December). * **Guidance**: A company's forecast or projection of its future financial performance, such as revenue or profit expectations. * **Sales Bookings**: Represents confirmed orders or commitments from customers to purchase a property or product, often accompanied by an initial payment or deposit. * **Pre-sales**: Sales activities and transactions that occur before a property is fully constructed or officially launched to the public. * **Consolidated Net Profit**: The total profit earned by a parent company and all of its subsidiaries after all expenses, interest, and taxes have been deducted. * **QIP (Qualified Institutional Placement)**: A method by which listed companies can raise capital by issuing equity shares or other securities to a select group of large institutional investors. * **Tier II Cities**: Cities that are ranked below major metropolitan areas (tier I cities) in terms of population, economic significance, and infrastructure, but still possess substantial growth potential.