Godrej Properties Achieves Record FY26 Pre-Sales of Rs 34,171 Crore
New Delhi, Apr 10 (PTI) Godrej Properties Ltd has reported a significant 16% increase in its sales bookings for the fiscal year 2026, reaching a record Rs 34,171 crore. This remarkable achievement is attributed to the robust demand for housing units across India.
In terms of sales bookings or pre-sales, Godrej Properties is on track to become the largest listed real estate firm during the 2025-26 period. The company had set a target of achieving Rs 32,500 crore in pre-sales for the last fiscal year, which it not only met but surpassed.
"FY2026 booking value grew 16 per cent YoY to Rs 34,171 crore. This was achieved through the sale of 17,515 units with a total area of 27 million sq ft, a YoY volume growth of 5 per cent. This is the highest ever full year booking value and volume announced by any listed real estate developer in India to date," Godrej Properties stated in a regulatory filing.
The sales bookings were particularly strong in the Mumbai Metropolitan Region (MMR), which accounted for Rs 10,313 crore last fiscal. Bengaluru followed with Rs 8,802 crore, Delhi NCR with Rs 7,410 crore, Pune with Rs 3,659 crore, and Hyderabad with Rs 2,360 crore.
Gaurav Pandey, Managing Director and CEO of Godrej Properties, highlighted the company's well-rounded performance in FY2026. "Our performance underscores the strength of demand for well-designed, high-quality homes in India's major metropolitan markets," he said. Pandey also mentioned that the company has a strong launch pipeline for the 2026-27 fiscal year and will continue to invest in further growth.
"We remain focused on building on this momentum in FY2027...," Pandey added. Post-COVID pandemic, large branded listed real estate firms are gradually gaining market share in India's residential market. Godrej Properties, based in Mumbai, was the largest realty firm in the 2024-25 fiscal year with nearly Rs 30,000 crore in sales bookings. It is expected to retain this position in the last fiscal year.
Godrej Properties specializes in developing group housing projects in major metropolitan regions such as MMR, Pune, Delhi-NCR, Bengaluru, and Hyderabad. The company also offers housing plots for sale in many cities across the country, catering to a diverse range of customer needs and preferences.
