Godrej Properties is eyeing 14 per cent growth in sale bookings this fiscal to a record Rs 14,000 crore on strong housing demand. The company's performance in 2022-23 was very strong on all important metrics like sale bookings, cash collections from customers, completion of projects and addition of new land parcels for future developments.
The sale bookings rose 56 per cent last fiscal to an all-time high of Rs 12,232 crore and almost all were housing properties. Cash collections grew 41 per cent to Rs 8,991 crore last fiscal year, while project deliveries touched a record 10 million square feet.
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.
