Godrej Properties Reaches Record FY26 Milestone

Godrej Properties Limited (GPL) has achieved its highest-ever annual booking value of ₹34,171 crore, representing a 16% year-on-year growth and surpassing the company's annual guidance by 5%. This is the highest ever full-year booking value and volume announced by any listed real estate developer in India to date. The company's strong performance underscores robust residential demand across India's major metros.

The booking value grew through the sale of 17,515 units with a total area of 27 million square feet, up 5 per cent by volume. Q4 booking value stood at Rs 10,163 crore, up 21 per cent sequentially, driven by the sale of 4,791 units, marking the fifth consecutive quarter with booking value exceeding Rs 7,000 crore. This consistency demonstrates the company's sustained market traction and execution prowess.

Geographic diversification remains a cornerstone of Godrej Properties' strategy. Sales bookings in Mumbai Metropolitan Region (MMR) stood at ₹10,313 crore last fiscal, followed by Bengaluru (₹8,802 crore), Delhi NCR (₹7,410 crore), Pune (₹3,659 crore) and Hyderabad (₹2,360 crore). Both the South Zone and Mumbai Zone crossed Rs 11,000 crore in booking value for the first time. This geographic spread reduces concentration risk and captures growth opportunities across metropolitan hubs.

Business development additions with a future booking value of over Rs 42,000 crore in FY26 will ensure that the company continues to have a strong launch pipeline in the year ahead. The company delivered projects spanning a total of 12.1 million square feet, achieving 121 percent of its guidance. The record operating cash flow of INR 7,830 crore generated in FY26 will enable the company to continue to invest for growth while ensuring a strong balance sheet.

Looking ahead, the company projects ambitious growth. In FY27, Godrej Properties plans to grow residential bookings to over INR 39,000 crore through the launch of a large number of exciting new projects combined with strong sustenance sales. This sustained momentum reflects the underlying strength in India's residential real estate sector and Godrej Properties' competitive advantage in design, construction quality, and timely delivery.