Godrej Properties Buys 14 Land Parcels Worth ₹26,500 Crore Across 7 Cities for Future Housing Projects

Godrej Properties has purchased 14 land parcels across several major Indian cities during the last financial year. These outright acquisitions span the Mumbai Metropolitan Region, Pune, Delhi NCR, Bengaluru, Kolkata, Ahmedabad and Indore. The total estimated revenue potential from these new housing projects stands at approximately ₹26,500 crore.

According to Chairperson Pirojsha Godrej, this acquisition outpaced the company’s initial guidance of ₹20,000 crore, and the company plans to continue this growth trajectory in the current fiscal year.

Strong Bet on Delhi NCR and Tier-II Expansion

The company has shown a particular interest in the Delhi NCR region, acquiring five land parcels in Gurugram and Greater Noida. These alone are projected to generate ₹14,000 crore in revenue. Apart from metros, Godrej Properties has also secured land in growing markets like Indore and Ahmedabad, reinforcing its intent to expand across both established and emerging cities.

Aggressive Pipeline of Project Launches

Godrej Properties launched housing projects worth ₹36,600 crore last fiscal year, exceeding its earlier guidance of ₹30,000 crore. For the current fiscal year, it has announced a target of ₹40,000 crore worth of new project launches, reflecting confidence in market conditions and internal execution capabilities.

Record Sales Performance

Sales bookings for FY 2024-25 reached ₹29,444 crore, marking a 31% rise from the previous fiscal’s ₹22,527 crore. The company has now set a sales guidance of ₹32,500 crore for FY 2025-26, which is 20% higher than last year’s target and 10% more than the actual achievement.

Financial Growth in FY 2024-25

The company’s consolidated net profit rose by 93% to ₹1,399.89 crore during FY 2024-25, compared to ₹725.27 crore in the preceding year. Total income also increased to ₹6,967.05 crore from ₹4,334.22 crore. These results signal strong execution and robust demand for its residential offerings.

Read More: Godrej Properties Q4 FY25 Profit Slips 19% Despite Record Sales and 49% Revenue Jump. 

Conclusion

With a pipeline backed by strategic land acquisitions and an expanding footprint in both metro and non-metro cities, Godrej Properties appears set to maintain its growth momentum. The company continues to focus on scaling up its housing development portfolio while staying aligned with evolving market trends.
 

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