Real Estate Mumbai

Godrej Properties to Launch Rs 21,000 Crore Worth Housing Projects by March to Meet Strong Consumer Demand

By GeoSquare News Desk · Published 2024-08-11

Godrej Properties, one of India's leading real estate developers, is planning to launch residential projects worth Rs 21,000 crore by March to capitalize on strong consumer demand and achieve 20 per cent growth in sales bookings this fiscal.

The company's executive chairperson, Pirojsha Godrej, expressed confidence that the company would achieve the targeted sales bookings of Rs 27,000 crore for the current fiscal. In the last fiscal, the company's sales bookings jumped 84 per cent to a record Rs 22,527 crore, the highest among listed realty firms in 2023-24.

Godrej Properties mainly focuses on Mumbai Metropolitan Region (MMR), Delhi-NCR, Bengaluru, Pune, and Hyderabad for group housing projects. It sells plots in tier II cities.