Godrej Properties Achieves Record-Breaking Quarterly and Annual Bookings
Varahi media.com online news,Mumbai, April 11th, 2025: Godrej Properties Limited (GPL) (scrip id: GODREJPROP), a prominent national real estate developer, has announced an unprecedented
Varahi media.com online news,Mumbai, April 11th, 2025: Godrej Properties Limited (GPL) (scrip id: GODREJPROP), a prominent national real estate developer, has announced an unprecedented milestone with its highest-ever quarterly and full-year bookings.
- Godrej Properties sets new benchmarks with its quarterly and annual booking records.
- In Q4 FY25, booking value surged by 87% quarter-on-quarter and 7% year-on-year, reaching INR 10,163 crore. This milestone was driven by the sale of 3,703 homes spanning 7.52 million sq. ft., marking the highest quarterly booking value in the company’s history.
- This marks the 7th consecutive quarter where GPL has surpassed INR 5,000 crore in bookings.
- For FY25, the booking value rose 31% year-on-year to INR 29,444 crore, fueled by the sale of 15,302 homes across 25.73 million sq. ft., reflecting a 29% increase in sales volume. This stands as the highest annual booking value and volume recorded by any real estate developer in India to date.
- GPL exceeded its FY25 annual booking value guidance by 109%.
- FY25 marks the 8th consecutive year of booking value growth for the company.
- Strong demand in Q4 FY25 was propelled by successful launches, including Godrej Riverine in Noida (over INR 2,000 crore), Godrej Astra in Gurugram (over INR 1,000 crore), and Godrej Madison Avenue in Hyderabad (over INR 1,000 crore).
- NCR, MMR, and Bengaluru contributed INR 10,500 crore, INR 8,000 crore, and INR 5,000 crore respectively to the FY25 booking value.
Gaurav Pandey, MD & CEO of Godrej Properties, expressed, “We are thrilled to have surpassed INR 10,000 crore in sales bookings for the first time in Q4 FY25. Over the past three years, our sales have grown at a compounded annual rate of 55%, redefining the scale of our operations.
For the second year running, GPL stands as India’s leading real estate developer by booking value. We extend our heartfelt gratitude to our customers and stakeholders for their unwavering trust in Godrej Properties.
With business development additions worth INR 26,450 crore in FY25, we are well-positioned for a robust launch pipeline in the coming years. The INR 6,000 crore equity capital raised through a QIP in December 2024, alongside record operating cash flow in FY25, will fuel our growth investments.
Our deep insights into India’s key real estate markets fuel our excitement for delivering sustained, high-quality performance across all metrics in the years ahead.”
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