Godrej Properties Sees 3% Increase in Sale Bookings to Rs 5200 Crore in Q2 FY25

Godrej Properties, a leading real estate developer in India, has reported a 3% increase in sale bookings to Rs 5200 crore in Q2 FY25, driven by strong demand for housing in Delhi-NCR and other key markets.

Godrej PropertiesReal EstateHousing DemandDelhincrQ2 Fy25Real Estate NewsOct 05, 2024

Godrej Properties Sees 3% Increase in Sale Bookings to Rs 5200 Crore in Q2 FY25
Real Estate News:Godrej Properties, a renowned real estate developer in India, has announced its financial results for the second quarter of the financial year 2025 (Q2 FY25). The company has reported a 3% increase in sale bookings to Rs 5200 crore, as compared to the same period last year. This growth is attributed to the strong demand for housing in Delhi-NCR and other key markets.\n\nThe company's sales bookings have been driven by the increasing demand for residential properties, particularly in the affordable and mid-income segments. Godrej Properties has a strong presence in the Delhi-NCR market, which has been one of the key drivers of its sales bookings. The company has also seen significant traction in other markets, including Mumbai, Pune, and Bengaluru.\n\nGodrej Properties is a leading real estate developer in India, with a strong track record of delivering high-quality projects on time. The company has a diversified portfolio of projects across various segments, including residential, commercial, and industrial. Godrej Properties is committed to sustainable development and has implemented various initiatives to reduce its environmental footprint.\n\nThe company's strong sales bookings in Q2 FY25 are a testament to its ability to deliver high-quality projects that meet the needs of its customers. Godrej Properties is well-positioned to capitalize on the growing demand for housing in India, driven by the government's initiatives to promote affordable housing and the increasing demand for residential properties.\n\nAbout Godrej Properties Godrej Properties is a leading real estate developer in India, with a strong presence in the Delhi-NCR market. The company has a diversified portfolio of projects across various segments, including residential, commercial, and industrial. Godrej Properties is committed to sustainable development and has implemented various initiatives to reduce its environmental footprint.

Frequently Asked Questions

What is the percentage increase in sale bookings reported by Godrej Properties in Q2 FY25?

3%

What is the total value of sale bookings reported by Godrej Properties in Q2 FY25?

Rs 5200 crore

Which market has been a key driver of Godrej Properties' sales bookings?

Delhi-NCR

What type of properties has Godrej Properties seen significant traction in?

Affordable and mid-income residential properties

What is Godrej Properties' commitment to sustainable development?

Godrej Properties has implemented various initiatives to reduce its environmental footprint.

Tags:

Related News Articles

Deepika Padukone and Ranveer Singh Lease Mumbai Apartment for ₹7 Lakh Monthly
Real Estate

Deepika Padukone and Ranveer Singh Lease Mumbai Apartment for ₹7 Lakh Monthly

Real estate seems to have become a new-found love for Bollywood. According to prop-tech platform Square Yards, renowned Bollywood actors Deepika Padukone and Ranveer Singh have leased a luxurious apartment in Mumbai for a staggering ₹7 lakh per month.

November 19, 2024
Read Article
Arkade Developers to Revamp Malad West Project in Mumbai
Real Estate Mumbai

Arkade Developers to Revamp Malad West Project in Mumbai

Real estate giant Arkade Developers is set to undertake a significant redevelopment project in Malad West, Mumbai. The project, covering an area of 6,858.90 square meters, promises to redefine the local landscape with modern amenities and sustainable desi

February 19, 2025
Read Article
Maharashtra Budget 2025: Ajit Pawar to Present First Budget of Mahayuti 2.0 Government Today
Real Estate Maharashtra

Maharashtra Budget 2025: Ajit Pawar to Present First Budget of Mahayuti 2.0 Government Today

The Maharashtra Budget 2025, set to be presented by Ajit Pawar, marks the first financial statement of the Mahayuti 2.0 government. Here are the key points and expectations.

March 10, 2025
Read Article
Unveiling the Shadow: Homebuyer Highlights Cash Discrepancies in India’s Real Estate Market
Real Estate

Unveiling the Shadow: Homebuyer Highlights Cash Discrepancies in India’s Real Estate Market

A recent Reddit post by a homebuyer exposes the hidden use of black money in India’s real estate sector, shedding light on a longstanding issue that continues to plague the industry.

March 13, 2025
Read Article
Godrej Properties Secures 6.54 Acres in Navi Mumbai for ₹717 Crore at CIDCO Auction
real estate news

Godrej Properties Secures 6.54 Acres in Navi Mumbai for ₹717 Crore at CIDCO Auction

Godrej Properties has made a significant move in the real estate market by acquiring 6.54 acres in the Kharghar micro-market of Navi Mumbai for ₹717 crore. This strategic acquisition aligns with their goal of expanding their portfolio in key Indian market

March 26, 2025
Read Article
National Herald Case: Unraveling the Complexities and Unanswered Questions
real estate news

National Herald Case: Unraveling the Complexities and Unanswered Questions

The National Herald case has been a subject of intense scrutiny, with the debt transfer from Congress to YIL and the subsequent control of valuable real estate assets raising many questions. This article delves into the background and the ongoing legal and financial implications of the case.

April 16, 2025
Read Article