Godrej Properties Reclaims Top Spot in India’s Residential Real Estate Market
Godrej Properties, a leading name in India's real estate sector, has reclaimed its position as the country's largest listed residential real estate developer for the second consecutive year. This achievement is underpinned by a series of impressive financial metrics that highlight the company's resilience and growth potential.
The company reported a 19% year-on-year increase in booking value in 2025, reaching Rs 34,171 crores. This represents a compound annual growth rate (CAGR) of about 44% between 2022 and 2025. Furthermore, collections for the year grew by 28% to Rs 18,979 crores, with a three-year CAGR of 35%.
India's residential real estate market is projected to expand significantly over the next five years. According to data from Mordor Intelligence, the market size is estimated to reach USD 438.54 billion in 2026 and is expected to grow to USD 702.43 billion by 2031, with a CAGR of 9.88% over the period from 2026 to 2031.
The growth is being fueled by several factors. Improving affordability, following a cumulative 125 basis point interest rate cut cycle, has made home purchases more attractive. Additionally, the Union Budget introduced incentives for green housing, further boosting the sector. A structural shift in demand is also evident, as IT services and Global Capability Centers increasingly expand their operations into Tier-2 cities.
Godrej Properties has maintained a strong and diversified portfolio, reporting booking values of over Rs 7,000 crores in each quarter of 2025. The company's performance was particularly driven by 11 individual projects, each generating booking values in excess of Rs 1,000 crore during the year.
This consistent performance underscores Godrej Properties' commitment to delivering high-quality residential projects and meeting the growing demand in the Indian real estate market. As the company continues to expand its footprint, it is well-positioned to capitalize on the favorable market conditions and maintain its leadership in the sector.
Godrej Properties, part of the Godrej Group, is a prominent player in the Indian real estate market. The company has a legacy of over a century and is known for its innovative and sustainable housing solutions. With a focus on customer satisfaction and quality, Godrej Properties is poised to continue its growth trajectory and contribute to the development of India's urban landscape.