Godrej Properties Targets 14% Growth in FY27 Pre-Sales at ₹39,000 Crore

Godrej Properties is aiming to maintain its growth momentum in the current financial year. The company has set a target to achieve ₹39,000 crore in pre-sales or sales bookings during FY27, reflecting a 14% increase over the record ₹34,171 crore achieved in FY26.

Executive Chairperson Pirojsha Godrej expressed confidence in the company’s ability to sustain growth despite global uncertainties and evolving geopolitical conditions.

Strong Demand Supporting Growth Plans

Pirojsha Godrej stated in an interview with PTI that the Indian real estate market continues to witness healthy housing demand, especially for large and branded developers. He noted that consumers are increasingly preferring trusted real estate companies, leading to consolidation in favour of established players.

The company believes its robust launch pipeline and existing project inventory will support the ambitious sales target for the current fiscal year. Godrej Properties has witnessed rapid growth in recent years, with annual sales bookings increasing fivefold from ₹6,725 crore in FY21 to over ₹34,000 crore in FY26.

Watchful Approach Amid Global Uncertainty

While remaining optimistic, the company acknowledged that geopolitical tensions, particularly the West Asia conflict, briefly impacted housing demand during March. Pirojsha Godrej said sales momentum slowed slightly during the month, though demand has normalised since April.

He added that the company remains cautious about global developments and is prepared to adjust business strategies if macroeconomic conditions worsen. However, at present, the company does not see any major challenge in achieving its FY27 targets.

Focus on Collections and Land Acquisition

Apart from pre-sales growth, Godrej Properties is also targeting customer collections of ₹24,000 crore during FY27, compared to nearly ₹20,000 crore in the previous year.

On the expansion front, the company plans to acquire land parcels capable of generating around ₹20,000 crore in revenue potential. In FY26, the company acquired 18 land parcels with a combined revenue potential of ₹42,100 crore through outright purchases and development partnerships.

The company also stated that it does not currently plan to raise equity funds, citing healthy operating cash flows and a comfortable debt position.

Godrej Properties Share Price Today

On May 11, 2026, Godrej Properties share price opened at ₹1,862.10, touching the day’s low at ₹1,784.00, as of 11:06 AM on the NSE.

Also Read: Godrej Properties Achieves Record Bookings and Collections in FY2026!

Conclusion

Godrej Properties remains optimistic about the Indian housing market and expects strong consumer demand to continue supporting growth in FY27. With a strong project pipeline, healthy financial position, and aggressive expansion strategy, the company appears well-positioned to maintain its leadership among listed real estate developers despite global economic uncertainties.

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