Godrej Properties sales bookings seen rising 22% to record ₹41,500 crore in FY27: Pirojsha Godrej
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Godrej Properties expects sales bookings to rise 22% to a record ₹41,500 crore in FY27.
- ✓Chairperson Pirojsha Godrej said consumer demand remained strong across residential projects.
- ✓While the company saw a profit dip in the September quarter, it plans to drive growth through many new project launches in the coming months.
Story at a Glance
- Category
- BUSINESS
- Reported By
- FortuneIndia
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Realty firm Godrej Properties expects its sales bookings to rise 22% year-on-year to a record ₹41,500 crore in the current financial year, surpassing its annual guidance of ₹39,000 crore on the back of strong demand for residential properties, Chairperson Pirojsha Godrej told PTI.
Pirojsha said consumer demand had remained strong across the company's new and ongoing residential projects in all its markets. Housing demand across the broader real estate sector had also held steady despite global economic uncertainties arising from the West Asia crisis.
Sales bookings may exceed annual guidance
The company expects sales bookings of ₹22,500 crore to ₹25,000 crore in the second half of FY27. Even the lower end of this range would take it past its annual guidance, while the upper end would translate into around 20% year-on-year growth, Pirojsha said.
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