Godrej Properties reports record-breaking performance in Q2 and H1 FY25

In a remarkable display of growth, Godrej Properties Limited has announced its highest-ever sales performance for the second quarter (Q2) and first half (H1) of fiscal year 2025. This leading national real estate developer recorded a booking value of nearly ₹5,200 crore for Q2, representing a 3% year-on-year increase, and an astonishing 89% rise in H1 sales to over ₹13,800 crore. This surge is attributed to robust demand, with sales exceeding 8,600 homes covering over 14 million square feet.

Record Collections and Operational Cash Flow

Godrej Properties’ collection figures further underscore its exceptional performance, with Q2 collections reaching over ₹4,000 crore, marking a 68% year-on-year increase. For H1 FY25, collections totaled over ₹7,000 crore, a 62% growth. Operational cash flow also soared, with Q2 achieving over ₹1,800 crore—an increase of over 120%—and H1 witnessing cash flow of ₹2,800 crore, up over 200%. This financial success is a testament to the company’s strategic project launches, notably in key markets like the National Capital Region (NCR) and the Mumbai Metropolitan Region (MMR).

Business Development and Future Prospects

Godrej Properties has made significant strides in business development, adding eight new projects in FY25, with a total estimated saleable area of approximately 11 million square feet and potential booking values around ₹12,650 crore. The Managing Director and CEO, Gaurav Pandey, expressed his satisfaction with the growth trajectory, highlighting that their sales surpass previous records and affirming the company’s commitment to sustainable development. The firm is also expanding its footprint into new markets, such as Indore, while maintaining a strong presence in established regions like Delhi-NCR and Bengaluru.

Industry experts have lauded Godrej Properties for its strategic approach to real estate development. The company’s focus on innovative project mixes and adaptability to market demands has been pivotal in driving its recent success. With impressive sales growth, analysts predict that Godrej Properties is well-positioned to sustain its upward trajectory in the coming years. The combination of a strong operational framework and a keen understanding of market dynamics bodes well for the company’s future, ensuring continued investor confidence.