Godrej Properties Emerges as India’s Largest Listed Residential Real Estate Developer

Godrej Properties emerged as India’s largest listed residential real estate developer for the second consecutive year based on booking value and collections. Booking value grew by 19% year-on-year to INR 34,171 crore in CY 2025, while collections increased by 28% to INR 18,979 crore. The company achieved a CAGR of approximately 44% in booking value between CY 2022 and CY 2025.

CY 2025: A Year of Significant Growth

Godrej Properties (GPL) has announced its position as the largest listed residential real estate developer in India for the second consecutive year in CY 2025. This achievement is based on key performance indicators such as booking value and cash collections. GPL sold 16,428 homes during CY 2025, covering a total saleable area of 27.26 million sq. ft., supported by 41 successful project launches across India.

Financial Highlights

The company’s booking value experienced a substantial increase, growing by 19% year-on-year to reach INR 34,171 crore. This reflects a CAGR of approximately 44% between CY 2022 and CY 2025. Collections also showed strong growth, increasing by 28% to INR 18,979 crore, resulting in a three-year CAGR of 35%.

Consistent Quarterly Performance

GPL demonstrated consistent performance throughout the year, consistently recording booking value exceeding INR 7,000 crore in each quarter of CY 2025. The company’s sales were geographically well-diversified across major residential markets, with significant contributions from MMR (INR 9,677 crore), NCR (INR 9,348 crore), Bengaluru (INR 6,566 crore), Pune (INR 4,083 crore), and Hyderabad (INR 3,052 crore). During the year, 11 individual projects generated booking value exceeding INR 1,000 crore.

Current Financial Year Performance (FY26 YTD)

In the current financial year to date (FY26 YTD), GPL has reported a booking value of INR 24,008 crore, representing a year-on-year growth of 25%. Collections reached INR 12,018 crore, reflecting a 19% year-on-year growth. In Q3 FY26, GPL recorded booking value of INR 8,421 crore, a 55% year-on-year increase, and collections of INR 4,282 crore, up 40% year-on-year.

Leadership Commentary

Gaurav Pandey, MD & CEO of Godrej Properties, expressed gratitude to customers and teams, highlighting the strength of demand for well-designed homes in India’s major metropolitan markets. He emphasized the company’s focus on building momentum in 2026 through excellence in design, construction quality, timely delivery, sustainability, and innovation.

Source: BSE

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