Godrej Properties Targets ₹40,000 Cr Launches in FY26, Sets Record-Breaking Momentum

Godrej Properties will launch housing projects of ₹40,000 crore in FY26, with a target of sales bookings of ₹32,500 crore. This marks a 20% rise over last year’s guidance and a 10% increase over FY25’s actual record of ₹29,444 crore the highest among listed real estate developers.

Executive Chairperson Pirojsha Godrej highlighted sustained housing demand despite global headwinds. “The key now is to maintain this momentum,” he said, adding that a ₹6,000 crore fundraised via QIP, combined with ₹7,500 crore in operating cash flows, provides a strong financial base for land acquisition and growth.

In FY25, Godrej Properties launched ₹36,600 crore worth of projects exceeding its ₹30,000 crore target across 34 launches covering 292 lakh sq. ft. Sales bookings rose 31% from ₹22,527 crore in FY24, and customer collections jumped to ₹17,047 crore from ₹11,436 crore, fueling healthy cash flows.

Major upcoming projects include a key development in Worli, Mumbai (H1 FY26), and the much-anticipated Ashok Vihar project in Delhi by March 2026. Pirojsha noted the company’s regional balance, stating sales were well distributed, reducing dependence on any single market.

The company’s market share rose to 4.3% in FY25, based on PropEquity estimates of a ₹6.9 lakh crore Tier-I residential market. Godrej Properties also posted a 93% rise in net profit at ₹1,399.89 crore and a 61% rise in total income at ₹6,967.05 crore.

The board also okayed the raising of up to ₹2,000 crore through non-convertible debentures and other debt instruments to finance future growth.

With strong financials, robust launches, and a broad regional presence, Godrej Properties aims to solidify its leadership in India’s real estate sector.