Godrej Properties Shares in Focus: Sold Stake in Vivrut Developers

On July 1, 2025, Godrej Properties Limited (GPL) announced that it has signed a share purchase agreement with Godrej Ventures and Investment Advisers Private Limited (GVAIAPL) and Vivrut Developers Private Limited (VDPL). Under the terms of the agreement, GPL has divested its 2.5% stake in VDPL to GVAIAPL for a total consideration of ₹8.63 crore. The deal was concluded the same day.

Related Party Transaction Executed at Fair Market Value

GVAIAPL, a part of the promoter group of Godrej Properties, specialises in real estate project management and advisory services. The transaction qualifies as a related party transaction, but the company emphasised it was conducted at arm’s length, based on a fair valuation assessment.

Strategic Expansion in Panipat

In a separate development last month, Godrej Properties announced the acquisition of 43 acres of land in Sector 40, Panipat, Haryana, marking its entry into the city’s real estate market.

This move establishes Panipat as the fourth location in North India where GPL is developing a residential plotted township.

The newly acquired land is intended for a plotted residential project with a projected revenue potential exceeding ₹1,250 crore. The development will span approximately 1.02 million square feet, offering premium plots and lifestyle amenities.

Strategically located near a national highway, the site also boasts excellent proximity to social infrastructure, enhancing its appeal for future homeowners.

Also Read: V-Mart Retail Shares in Focus: Continues Strategic Expansion in Q1FY26

Godrej Properties FY25 Operational Performance

Godrej Properties Limited (GPL) has announced a record-breaking performance for FY25, achieving its highest-ever booking value and area sold in a financial year. The company registered a 31% year-on-year growth in booking value, reaching ₹29,444 crore. This was driven by the sale of 15,302 homes, covering a total area of 25.73 million sq. ft., representing a 29% growth in volume compared to the previous year.

With this, GPL has reached a cumulative booking value of ₹84,704 crore since FY20—more than any other real estate developer in India. Notably, ₹64,203 crore of this has been recorded in just the last two financial years, underlining the company’s strong market momentum and strategic execution.

Godrej Properties exceeded expectations by achieving 109% of its annual booking guidance for FY25. This performance reinforces the company’s ability to consistently outperform targets and maintain operational excellence. Remarkably, GPL is also the only major Indian real estate developer to have delivered eight consecutive years of booking value growth.

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