Godrej Properties stock: Company plans INR 32,000 crore H2 launches
Published on 11/13/2026 at 01:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey operating signals
- Godrej Properties plans residential launches across Mumbai, Delhi-NCR, Pune, Bengaluru and Hyderabad.
- First-half sales bookings rose 7 percent year over year to INR 16,659 crore.
- September-quarter net profit fell 62 percent as expenses increased, while total income rose.
Godrej Properties plans to launch residential projects worth INR 32,000 crore in the second half of fiscal 2026/27, according to a The Economic Times. The report was published on Monday, November 9, 2026, after chairperson Pirojsha Godrej said the company expects strong demand across its major markets.
The planned pipeline is twice the INR 16,000 crore of residential properties launched between April and September. Projects are planned for the Mumbai Metropolitan Region, Delhi-NCR, Pune, Bengaluru and Hyderabad, placing execution and customer absorption at the center of the next phase of growth.
Bookings support expansion plans
Godrej Properties recorded sales bookings of INR 16,659 crore in the first half of fiscal 2026/27, up 7 percent from INR 15,587 crore a year earlier. Management expects full-year bookings to reach INR 41,500 crore, compared with guidance of INR 39,000 crore.
Customer collections reached INR 9,666 crore in the first half against a full-year target of INR 24,000 crore. The company also targets project deliveries covering 13.5 million square feet during the fiscal year, after completing 3.4 million square feet in the first six months.
Profitability remains a counterweight
Operational growth has not translated into higher quarterly profit. Consolidated net profit for the quarter ended September fell 62 percent year over year to INR 154.15 crore from INR 405.08 crore, while total income increased to INR 2,571.73 crore from INR 1,950.05 crore. Expenses rose to INR 2,476.74 crore from INR 1,300.98 crore.
The combination of a larger launch pipeline and weaker recent profitability leaves investors focused on project execution, collections and cost control. The second half will show whether new launches can convert housing demand into bookings and cash generation.
Business model and market position
Godrej Properties develops group housing projects in the Mumbai Metropolitan Region, Delhi-NCR, Pune, Bengaluru and Hyderabad, and offers housing plots in tier II and tier III cities. The Economic Times describes the company as the country's largest listed real estate firm by sales bookings in recent financial years. The company also reported completed projects spanning more than 80 million square feet since 2018.
Godrej Properties at a glance
- Company: Godrej Properties Limited
- ISIN: INE484J01027
- Business: Residential property development and housing plots
- Primary markets: Mumbai Metropolitan Region, Delhi-NCR, Pune, Bengaluru and Hyderabad
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