Godrej Properties on Thursday said it has seen a year-on-year growth of 55% in its third-quarter sales bookings at Rs 8,421 crore.
Financial Resilience
In the nine months of FY26, the company clocked a booking value of Rs 24,008 crore, representing a y-o-y growth of 25%. It has set a booking target of Rs 32,500 crore for the full fiscal. The company has earlier said it expects to cross its booking target. In the nine months of FY26, Godrej Properties garnered collections worth Rs 12,018 crore, growing 40% y-o-y.
During calendar year 2025, the company sold 16,428 residential units with a total saleable area of 27.26 million square feet, supported by 41 project launches across the country, it said. Booking value grew 19% y-o-y to Rs 34,171 crore, representing a CAGR of nearly 44% between CY22 and CY25.
Gaurav Pandey, managing director & CEO, Godrej Properties, said: “Delivering this level of growth in 2025 despite 2024 being a high base year underscores the strength of demand for well-designed, high-quality homes in India’s major metropolitan markets. We remain focused on building on this momentum in 2026 through excellence in design, construction quality, timely delivery, sustainability and innovation.”
The firm said it emerged as India’s largest listed residential real estate developer by booking value and collections in 2025 for the second consecutive year. Collections for the year increased 28% to Rs 18,979 crore, translating into a three-year CAGR of 35%.
Metro-Led Surge
The company recorded a booking value of over Rs 7,000 crore in each of the four quarters of CY25. During 2025, Mumbai Metropolitan Region contributed sales of Rs 9,677 crore, NCR Rs 9,348 crore, Bengaluru Rs 6,566 crore, Pune Rs 4,083 crore and Hyderabad Rs 3,052 crore. This performance was driven by a broad and diversified portfolio, with 11 projects each generating booking value in excess of Rs 1,000 during the year, according to the company.