Godrej properties to see high sales, commercial development in Fy26: Pirojsha Godrej

Godrej Properties Ltd (LPG) aims to watchmaker ₹32,500 rates of sales reservations in 2025-26, after having sold more than 15,000 houses worth a combined value ₹29,444 crosses during fiscal year 25, the highest of all time by an Indian real estate company.
Sales will be generated from the launch of new projects and existing stocks in the projects of the developer based in Mumbai.
This is the eighth consecutive year of reservation value growth, and the second successive year that GPL has become the largest real estate promoter by sales reservations.
LPG said on Friday that its net profit had decreased by 19% to ₹381.99 crores during the March quarter compared to the period of the previous year corresponding. Income jumped 48.8% for ₹2,121.73 crores.

Despite a drop in profit in the fourth quarter ₹1,399.89 crores. Income in 2024-25 increased by 62% to ₹4,922.84 crore.
The Region of the National Capital (RCN), the metropolitan region of Mumbai (MMR) and Bengaluru – The three main real estate markets for GPL – contributed ₹10,523 crores, ₹8,034 crores and ₹5,089 crosses, respectively, to its reservation value Fy25.
GPL sales growth occurs when analysts’ reports have indicated a slight set in house sales.

Conservative orientation

House sales and business development will remain strong during the current financial year, said executive president of Godrej Properties Pirojsha Godrej.
“Our view is that for the Better Brands and Strong Real Estate Players Like Us, there is good demand. Despite Rapid Growth, Our Market Share in the Top Markets We Operate in Is Under 5%. If we can execute well, there is Nothing Stopping Us from Increase Market Share, and there is a huge Growth Opportunity in all the markets, ”Godrej Said in an Interview with Mint.

GPL added 14 new Fy5 projects with an estimated estimated total area of ​​approximately 19 million square feet and an estimated total reservation potential of ₹26,450 Core. For exercise 26, the developer gave a conservative guidance of commercial development of ₹20,000 crores.
High LPG ₹6,000 crores thanks to a qualified institutional placement (QIP) in December and generated cash flow flows ₹7,484 crores during fiscal year 25 – most of which will be used for business development or land acquisition to extend its project portfolio.
“We are likely to go beyond the business development guidelines during fiscal year 26, but we do not want to put pressure to conclude agreements to reach a target,” said Godrej.
Godrej Properties competes with developers such as DLF LTD, Prestige Estates Projects Ltd and Macrotech Developers Ltd in the residential sector, which has experienced high speed sales after the pandemic.

In Fy26, Macrotech, which operates under the brand “Lodha”, waits ₹21,000 crores of preventing or reservations during fiscal year 26, against ₹17,500 Last exercise.
“GPL has taken several steps over the years in terms of strategy and operations, in particular by strengthening a national presence, investing aggressively in terrestrial and commercial development before the others, which gave us an advantage,” said Godrej.