Godrej Properties to Launch ₹22,000 Crore Housing Units in H2; Signals Strong Consumer Demand

Real Estate

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Updated on 16 Nov 2025, 11:13 am

Godrej Properties is set to launch approximately ₹22,000 crore worth of housing units for sale during the second half of the current fiscal year. This aggressive launch strategy aims to capitalize on the robust consumer demand currently observed in the real estate market.

Pirojsha Godrej, Executive Chairperson of Godrej Properties, stated in an interview that the company had initially guided for launches totalling ₹40,000 crore and sales bookings of about ₹32,500 crore for the full fiscal year. In the first six months, the company successfully launched properties valued at ₹18,600 crore and achieved sales bookings of nearly ₹15,600 crore. This performance represents 47% of the launch guidance and 48% of the booking value target, with Mr. Godrej noting that these metrics are typically skewed towards the latter half of the year, indicating they are on track.

The company has ongoing launches, including a project in Worli, Mumbai, and plans to introduce a new project in Bandra by the end of March. Godrej Properties' pre-sales saw a 13% year-on-year growth, reaching ₹15,587 crore in the first six months of the fiscal year, up from ₹13,835 crore in the same period last year. The company's major markets for group housing projects include the Mumbai Metropolitan Region, Delhi-NCR, Bengaluru, Pune, and Hyderabad, and it is also expanding into tier-II cities with residential plots.

Financially, Godrej Properties is bolstering its growth capabilities. The company raised ₹6,000 crore through a Qualified Institutional Placement (QIP) last year. This capital, combined with operating cash flow, will support further investment for higher growth. In its latest financial update, Godrej Properties reported a 21% increase in consolidated net profit for the second quarter of the fiscal year, reaching ₹402.99 crore, compared to ₹333.79 crore in the corresponding quarter of the previous year. Total income for the July-September period rose to ₹1,950.05 crore from ₹1,346.54 crore year-on-year.

Impact This news is highly significant for investors as it signals strong business momentum and future growth potential for Godrej Properties, a major player in the Indian real estate sector. The planned launches and strong sales figures, combined with improved financial results, suggest positive performance, which can positively influence investor sentiment and potentially the stock price. Rating: 9/10.

Difficult Terms * **Fiscal Year (FY)**: A 12-month period that companies and governments use for accounting and budgeting purposes. In India, the fiscal year typically runs from April 1 to March 31. * **Launch Guidance**: The target amount of property value a company plans to offer for sale within a specific period. * **Sales Bookings**: The value of property sales that have been confirmed and are in the process of being finalized, representing future revenue. * **Pre-sales**: The sale of properties before their official launch or completion. * **Qualified Institutional Placement (QIP)**: A method by which listed Indian companies can raise capital by issuing equity shares or convertible securities to Qualified Institutional Buyers (QIBs) like mutual funds, pension funds, and insurance companies, without diluting control significantly. * **Consolidated Net Profit**: The total profit of a company after deducting all expenses, including those of its subsidiaries, presented as a single figure. * **Total Income**: The total revenue generated by a company from all its business activities during a specific period. * **Tier II Cities**: Cities that are smaller than metropolitan or major cities but are significant economic centers, often experiencing growth and development.