Tag: godrej properties

IndustryLatest Stories

Godrej Properties’ FY26 Bookings Reach ₹34,171 Crore

NEW DELHI: Godrej Properties (GPL) announced bookings of ₹34,171 crore for FY26, reflecting a 16% increase compared to the previous year, as per the company’s operational update. During the fiscal year, the company sold 17,515 units, with total sales volume rising 5% to reach 27 million sq ft. The booking value for the March quarter amounted to ₹10,163 crore, showing a 21% sequential growth. Collections for FY26 saw a 17% increase to ₹19,965 crore, while operating cash flow rose by 5% to ₹7,830 crore. In Q4, quarterly collections reached ₹7,947 crore. Gaurav Pandey, MD & CEO of the company stated,…

IndustryLatest Stories

Godrej Properties buys 20-acre site in Bengaluru

NEW DELHI: Godrej Properties (GPL) has completed the acquisition of a 20-acre land parcel in East Bengaluru, as reported in a filing to the BSE. The company intends to develop a premium residential project on this site, with an estimated revenue potential of around ₹1,350 crore. Additionally, GPL has recently acquired a 44-acre land parcel in Coimbatore through an outright purchase, aiming to develop a premium plotted residential project with a developable area of 1.1 million sq ft and an estimated revenue potential of ₹450 crore. This marks GPL’s entry into the Coimbatore market. Published on Mar 18, 2026 at…

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Pirojsha Adi Godrej Acquires 1.8% Stake in Arvind SmartSpaces

NEW DELHI: On Monday, Pirojsha Adi Godrej acquired nearly 1.8% of the stake in Arvind SmartSpaces, a real estate developer, for ₹40.7 crore from an HDFC Capital affiliate through an open market transaction. Pirojsha Godrej serves as the Executive Chairperson of Godrej Properties, Godrej Housing Finance, and is a Non-Executive Director at Godrej Consumer Products and Godrej Agrovet. According to block deal data from the BSE, Pirojsha Godrej purchased 8,17,530 shares, amounting to a 1.78% stake in the Ahmedabad-based company. The shares were acquired at an average price of ₹498 each, bringing the total transaction value to ₹40.71 crore. HDFC…

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Godrej Properties Snags 11 Acres in Gurugram, 5 Acres in Kolkata

Representative AI image NEW DELHI: Godrej Properties (GPL) has secured 11.36 acres of land in Sector 63A, Gurugram, for residential development via an outright purchase. This venture is projected to generate an estimated revenue of over ₹4,500 crore, featuring a combination of premium low-rise and high-rise residences. Gaurav Pandey, Managing Director & CEO, stated, “With this new project, we have successfully added over ₹40,000 crore in future sales potential through portfolio expansions in FY26, achieving twice our business development target for the fiscal year.” In a separate initiative, the company also won a bid in an e-auction conducted by the…

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Godrej Properties to Co-Develop 18 Acres in Thane

Representative Image NEW DELHI: Godrej Properties (GPL) has signed a joint development agreement for an 18-acre land parcel in Thane. The anticipated project will primarily be residential, with an estimated revenue potential exceeding ₹7,500 crore. Gaurav Pandey, MD & CEO of the company, stated, “This is our fourth development in Thane, and the substantial size of the land will facilitate a meticulously planned integrated residential project.” Published On Feb 23, 2026 at 10:02 AM IST Join a community of over 2 million industry professionals. Subscribe to our Newsletter for the latest insights and analyses delivered to your inbox. Stay updated…

Latest StoriesRera

Telangana RERA Cautions Developers on Pre-Launch Ads

HYDERABAD: The Telangana Real Estate Regulatory Authority (TG-RERA) has issued a warning to promoters, developers, real estate agents, and advertising channels regarding misleading pre-launch advertisements targeted at homebuyers, which lack valid TG-RERA registration. The authority stressed that enticing buyers or soliciting investments before obtaining formal registration is a direct violation of the Act. According to the Real Estate (Regulation and Development) Act, 2016, all real estate projects exceeding 500 sq m and apartments with more than eight units must be registered with TG-RERA. Developers can only advertise, market, or sell units after the Authority has thoroughly examined the project details…

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Godrej Properties Q3 FY26 Net Profit Up 22.55%

NEW DELHI: Godrej Properties (GPL) has reported a net consolidated profit growth of 22.55% for the quarter ending December 31, 2025. Its profit after tax (PAT) reached ₹193.87 crore, up from ₹158.20 crore during the same quarter last year, as per the company’s BSE filing. The company’s net consolidated total income for Q3 FY26 stood at ₹1,033.84 crore, reflecting a decline of 16.62% from ₹1,239.97 crore in the previous fiscal year’s corresponding quarter. Pirojsha Godrej, Executive Chairperson, stated, “The ₹6,000 crore equity capital raised through a QIP last financial year, combined with our operating cash flow, will support our continued…

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Godrej Properties buys 8.5-acre land in Mahalunge, Pune

Representative Image NEW DELHI: Godrej Properties (GPL) has successfully acquired an 8.5-acre land parcel through outright purchase in Mahalunge, Pune. The proposed project will primarily feature group housing, with an estimated development potential of around 2.1 million square feet, translating to a revenue potential of ₹2,000 crore. Gaurav Pandey, Managing Director & CEO of the company, stated, “This land acquisition is a significant milestone in our strategy to strengthen our footprint in Pune and expand across high-potential micro-markets in India’s leading cities.” Additionally, the company announced it will be handing over homes across nearly 10 projects in the National Capital…

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Godrej Properties’ 2025 Booking Value at ₹34,171 Crore

NEW DELHI: Godrej Properties (GPL) announced a booking value of ₹34,171 crore for 2025, reflecting a 19% increase compared to the previous year. Cash collections also saw a significant rise of 28%, totaling ₹18,979 crore. From 2022 to 2025, the booking value experienced a compound annual growth rate (CAGR) of approximately 44%, while collections grew at a CAGR of 35%. The company sold 16,428 housing units during the year, encompassing a saleable area of 27.26 million sq ft. This achievement was bolstered by the launch of 41 projects across various cities, with booking values surpassing ₹7,000 crore in each quarter.…

InfrastructureLatest Stories

Pune: MIDC Urges Developers to Cut Pollution in Hinjewadi

Representative AI image PUNE: The Maharashtra Industrial Development Corporation (MIDC) has issued notices to real estate developers Reyaansh Logistics, Gera Projects, Godrej Properties, and Pegassus Properties, urging them to mitigate air and sound pollution in the Megapolis area of the Hinjewadi IT park. Local residents have filed multiple complaints with the industrial authority concerning uncovered and overloaded trucks transporting earth and debris, causing dust accumulation on roads. Megapolis is a major residential area within phase III of Hinjewadi, where several developers are actively building projects. This marks the second time MIDC has alerted developers based on residents’ complaints. MIDC executive…