Archive · 3 Aug 2025
Godrej Properties on Track to Meet Sales Target for FY26
Imagine a company called Godrej Properties that builds houses.
They expect to sell a lot of homes and make a lot of money this year, aiming for over 32,500 crore in sales.
Although sales were a bit down at the start of the year compared to last year, they expect to meet or beat this target because they have many projects planned.
The market is still good, even if it's not as hot as it was before.
The company made a lot of money last year too.
Godrej Properties expects to meet or exceed its Rs 32,500 crore pre-sales target for FY26.
Pirojsha Godrej attributes the Q1 pre-sales decline to a high base and launch delays.
The company's launch pipeline is expected to help meet the pre-sales target.
Demand remains strong, though the market has cooled from a year ago.
Godrej Properties' sales bookings rose 31% to a record Rs 29,444 crore in FY25.
- Who
- Godrej Properties, led by Executive Chairperson Pirojsha Godrej.
- What
- Godrej Properties expects to achieve or surpass its Rs 32,500 crore pre-sales target for the fiscal year 2025-26.
- When
- The pre-sales target is for the 2025-26 fiscal year, with the first quarter showing a decline.
- Where
- The company operates in Mumbai Metropolitan Region (MMR), Pune, Bengaluru, Delhi-NCR and Hyderabad, as well as tier II cities like Indore and Panipat.
- Why
- To continue its growth in the real estate market, aiming to maintain its top position in sales bookings.
- Company
- Godrej Properties
- Executive Chairperson
- Pirojsha Godrej
- Pre-sales Target FY26
- Rs 32,500 crore
- Q1 Pre-sales Decline
- 18%
- Q1 Net Profit
- Rs 598.40 crore
- FY25 Sales Bookings
- Rs 29,444 crore
