Godrej Properties eyes record Rs 41,500 crore sales bookings, expects to beat FY27 guidance
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Godrej Properties expects record sales bookings of Rs 41,500 crore this fiscal year, beating its annual guidance.
- ✓Chairperson Pirojsha Godrej said consumer demand has been "quite strong" across all residential projects.
- ✓The firm plans new developments in Mumbai and Gurugram, as the housing market stays steady despite global economic uncertainties.
Story at a Glance
- Category
- BUSINESS
- Reported By
- The Economic Times
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Synopsis
Godrej Properties is poised for a record sales growth of 22 percent this fiscal year. The company anticipates sales bookings reaching around Rs 41,500 crore due to strong demand. This positive trend persists despite economic uncertainties stemming from the West Asia crisis. Future projects are planned for major markets, including Mumbai and Gurugram. The firm aims to continue investing in existing developments and land acquisition.
New Delhi: Realty firm Godrej Properties' sales bookings is expected to rise 22 per cent this fiscal to a record Rs 41,500 crore, beating annual guidance on strong demand for its housing properties, according to its Chairperson Pirojsha Godrej.
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The Economic Times
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