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Godrej Properties expects FY21 sales bookings likely to beat last year's record Rs 5,915 crore

10 Aug 2020 Evaluate

Godrej Properties is expecting its sales bookings during the ongoing fiscal (FY21) to be at an all-time high, beating the previous year's record Rs 5,915 crore despite the COVID-19 pandemic, as housing demand is consolidating towards trusted developers. Sales bookings during June quarter grew 71 percent to Rs 1,531 crore, surpassing even company’s expectations. The company's focus would be to add new projects for developments and gain market share in four key markets -- Delhi-NCR (National Capital Region), Mumbai Metropolitan Region (MMR), Bengaluru and Pune.

Godrej Properties is a realty firm of Godrej group and it is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Currently, their business focuses on residential, commercial and township developments.

Peers
Company Name CMP
Lodha Developers 1085.80
Prestige EstatesProj 1427.85
Dilip Buildcon 405.85
DLF 623.00
Oberoi Realty 1710.20
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