Godrej Properties Reports Record Pre-Sales of ₹34,171 Crore for FY26
Godrej Properties FY26 pre-sales up 16pc to record Rs 34,171 cr
Business Standard
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Godrej Properties Ltd, a leading real estate developer based in Mumbai, reported a 16% increase in sales bookings for fiscal year 2026, reaching a record ₹34,171 crore (approximately $4.1 billion USD). This growth reflects strong demand for quality housing in major metropolitan areas across India.
- 01Sales bookings for FY26 reached a record ₹34,171 crore.
- 02The company sold 17,515 units, totaling 27 million square feet.
- 03Mumbai Metropolitan Region contributed ₹10,313 crore to sales.
- 04Godrej Properties aims to maintain its position as the largest listed real estate firm in India.
- 05A strong launch pipeline is planned for FY27 to sustain growth.
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Godrej Properties Ltd, based in Mumbai, reported a 16% increase in sales bookings for the fiscal year 2026, achieving a record ₹34,171 crore (approximately $4.1 billion USD). The company sold 17,515 units across a total area of 27 million square feet, marking a 5% year-on-year volume growth. The Mumbai Metropolitan Region was the top contributor with ₹10,313 crore, followed by Bengaluru at ₹8,802 crore, Delhi NCR at ₹7,410 crore, Pune at ₹3,659 crore, and Hyderabad at ₹2,360 crore. Gaurav Pandey, Managing Director and CEO of Godrej Properties, emphasized the strong demand for well-designed homes in major metropolitan markets and highlighted the company's robust launch pipeline for fiscal year 2027. Following the COVID-19 pandemic, established real estate firms are increasingly capturing market share in India's residential sector.
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The growth in sales indicates a recovering real estate market, which could lead to more housing options and improved infrastructure in urban areas.
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