Godrej Properties Retains Top Position as India’s Largest Listed Housing Developer in 2025

Godrej Properties Ltd has once again emerged as India’s largest listed residential real estate developer, retaining its top position for the second consecutive year in calendar year 2025. The Mumbai based company recorded booking values of Rs 34,171 crore, marking a robust 19 per cent year on year growth and underlining sustained demand for quality housing across major urban markets.

During the year, Godrej Properties sold 16,428 homes covering a total saleable area of 27.26 million square feet. The performance was driven by 41 project launches spread across key residential markets, reflecting the company’s strong execution capabilities and expanding national footprint. Cash collections also showed healthy traction, rising 28 per cent to Rs 18,979 crore, supported by steady construction progress and timely customer payments.

The company’s bookings were well diversified geographically. The Mumbai Metropolitan Region remained the largest contributor with booking values of Rs 9,677 crore, closely followed by the National Capital Region at Rs 9,348 crore. Bengaluru continued to be a key growth engine, contributing Rs 6,566 crore during the year. Notably, eleven individual projects each crossed the Rs 1,000 crore booking milestone, highlighting strong project level acceptance.

Godrej Properties also delivered consistent quarterly performance throughout 2025, recording booking values in excess of Rs 7,000 crore in every quarter. This momentum has carried forward into the current financial year. In the third quarter of FY26, the company reported a sharp 55 per cent year on year increase in booking value to Rs 8,421 crore, indicating sustained buyer confidence.

Commenting on the performance, Managing Director and Chief Executive Officer Gaurav Pandey said the growth was achieved despite 2024 being a high base year. He attributed the results to continued demand for well located, high quality homes in leading metropolitan markets. Between calendar years 2022 and 2025, Godrej Properties achieved a compound annual growth rate of around 44 per cent in booking value and about 35 per cent in collections, reflecting its ability to scale operations while maintaining execution discipline and customer trust nationwide consistently across key cities.