Godrej Properties Limited (GPL) has announced its best-ever performance in terms of quarterly and annual bookings, setting new industry benchmarks in FY25.
In the fourth quarter of FY25, GPL’s booking value surged to ₹10,163 crore, an 87% jump quarter-on-quarter and 7% year-on-year.
The milestone was achieved through the sale of 3,703 homes, spanning a total area of 7.52 million sq. ft. This marks the company’s highest-ever quarterly booking value and the seventh consecutive quarter with bookings exceeding ₹5,000 crore.
For the full year FY25, Godrej Properties reported a booking value of ₹29,444 crore, representing a 31% YoY growth. This was achieved through the sale of 15,302 homes covering 25.73 million sq. ft., reflecting a volume growth of 29% YoY. Impressively, GPL surpassed 109% of its FY25 annual guidance for booking value.
This figure not only sets a company record but also stands as the highest-ever annual booking value and volume reported by any real estate developer in India to date.
Sales in Q4 FY25 were fueled by successful project launches, including:
Geographically, the NCR contributed over ₹10,500 crore, MMR over ₹8,000 crore, and Bengaluru more than ₹5,000 crore to the company’s annual booking value.
Commenting on this, the MD & CEO of Godrej Properties, Gaurav Pandey, said, “We are delighted to have crossed INR 10,000 crore in sales bookings for the first time in Q4FY25. Our sales bookings over the last 3 years have compounded at an annual growth rate of 55%. Through this, GPL has completely reset the scale of its operations and for the second consecutive year is the largest real estate developer in India by booking value.”
He further stated, “Our business development additions with a future booking value of Rs 26,450 crore in FY25 will ensure that we continue to have a strong launch pipeline in the years ahead. Furthermore, the equity capital of INR 6,000 crore we raised through a QIP in December 2024, combined with the record operating cash flow we generated in FY25, will enable us to continue to invest for growth. We have built a deep understanding across the key real estate markets in India and are greatly excited by the potential the next several years offer for us to deliver sustained high-quality performance across all key operating metrics.”
On April 8, 2025, Godrej Properties share price opened at ₹1,985.00, up from its previous close of ₹1,927.15. At 9:35 AM, the share price of Godrej Properties was trading at ₹1,992.20, up by 3.38% on the NSE.
With FY25 marking the eighth consecutive year of booking growth, Godrej Properties has reinforced its leadership position in India’s real estate market, fueled by robust demand and strategic launches across key urban centres.
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Published on: Apr 8, 2025, 9:40 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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