Gaurav Pandey | Business Upturn

Godrej Properties reports highest ever bookings and collections in FY2026

Kinjal — Fri, 10 Apr 2026 00:24:49 +0000

Godrej Properties Limited (GPL), a prominent national real estate developer, has announced record-breaking operational results for the financial year 2026. The company achieved its highest ever bookings, collections, operating cash flow, and business development, solidifying its position as India’s largest residential developer by booking value for the third consecutive year.

In FY2026, GPL’s booking value surged by 16% to ₹34,171 crore, marking the highest booking value ever reported by an Indian real estate developer in a financial year. This growth was driven by the sale of 17,515 units with a total area of 27 million square feet, representing a year-on-year volume growth of 5%. The company’s booking value has grown at a compound annual growth rate (CAGR) of 41% over the past three years.

Collections also reached new heights, increasing by 17% to ₹19,965 crore in FY2026. This is the highest collections ever reported by an Indian real estate developer in a financial year, with a 3-year CAGR of 30%. The operating cash flow rose by 5% to ₹7,830 crore, maintaining a 3-year CAGR of 30%.

GPL added ₹42,100 crore of future sales potential through portfolio additions in FY2026, achieving over 200% of its guidance and delivering a year-on-year growth of 59%. The company delivered projects totalling 12.1 million square feet, achieving 121% of its guidance.

The fourth quarter of FY2026 was particularly strong, with GPL achieving its highest ever quarterly bookings of ₹10,163 crore, a 21% quarter-on-quarter growth. The collections for Q4FY2026 stood at ₹7,947 crore, representing a year-on-year growth of 14% and a quarter-on-quarter growth of 86%.

GPL’s business development in FY2026 was robust, with 18 new projects added, offering a total estimated saleable area of approximately 33.32 million square feet and an expected booking value potential of ₹42,100 crore. The company exceeded its initial guidance of adding ₹20,000 crore of booking value potential.

Promoters increased their stake in GPL by 5.0% in FY2026, investing ₹2,674 crore, and also increased their stake in the holding company, Godrej Industries Limited, by 5.0%, investing ₹1,896 crore.

Gaurav Pandey, MD & CEO of Godrej Properties, highlighted the company’s strong performance and future prospects, stating that the business development additions with a future booking value potential of over ₹42,000 crore will ensure a strong launch pipeline in the coming years.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Godrej Properties acquires 20-acre land in Bengaluru with Rs 1,350 crore revenue potential

Business Desk — Wed, 18 Mar 2026 00:55:48 +0000

Godrej Properties Limited (GPL), a prominent real estate developer in India, has announced the acquisition of a 20-acre land parcel in East Bengaluru. The company plans to develop a premium residential project on this site, which is expected to generate an estimated revenue of approximately ₹1,350 crore, thereby enhancing its presence in one of the city’s most active residential micro-markets.

The newly acquired land is strategically located near NH-648 Main Road, within the Whitefield growth corridor. This area is a well-established residential and commercial zone, known for its proximity to technology firms and service-led employment opportunities. The location offers convenient access to the Whitefield–ITPL region and the NH-648 corridor, ensuring seamless connectivity across East and South Bengaluru. Additionally, the operational metro stations at Kadugodi and Hopefarm on the Purple Line further enhance accessibility to key parts of the city.

Over the past decade, the micro-market surrounding the land parcel has developed significantly, supported by a robust social infrastructure. The presence of reputed schools, healthcare facilities, retail destinations, and leisure avenues has contributed to its evolution into a self-sustained urban ecosystem. Residential demand in the area has remained stable, driven by consistent end-user interest in both mid and premium housing categories.

Gaurav Pandey, MD & CEO of Godrej Properties, commented on the acquisition, stating, “Homebuyers in Bengaluru continue to prioritise thoughtfully designed communities that offer convenience, holistic amenities, and long-term liveability. This land parcel allows us to plan a residential project that aligns with these expectations in a location that has shown steady and diverse housing demand. We will endeavour to create a development that brings together quality design, functionality, and an enhanced living experience for our customers.”

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Godrej Properties acquires 44-acre land in Coimbatore for ₹450 crore project

Business Desk — Fri, 13 Mar 2026 00:14:30 +0000

Godrej Properties Limited has acquired a 44-acre land parcel in Coimbatore for a premium plotted residential project with a developable potential of approximately 1.1 million square feet and an estimated revenue potential of ₹450 crore.

The acquisition marks the company’s entry into Coimbatore, a city known for its diversified economy driven by manufacturing, IT/ITES, education, and healthcare. The site is located in a sought-after residential micro-market in South Coimbatore, near the Coimbatore Golf Club.

The proposed development will feature a well-planned residential layout with quality infrastructure, landscaped open spaces, and community amenities. This move aligns with Godrej Properties‘ strategy to expand into high-potential growth cities across India, diversifying its regional booking mix and accelerating its plotted development portfolio.

Gaurav Pandey, MD & CEO of Godrej Properties, emphasised the strategic importance of this acquisition, stating that Coimbatore’s strong economic base and resilient end-user demand make it a compelling market for the company’s expansion plans.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).