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Godrej Properties to launch Rs 21,000 crore worth of residential projects by March

12 Aug 2024 Evaluate

Godrej Properties is planning to launch Rs 21,000 crore worth of residential projects by March across major cities to encash strong consumer demand and achieve 20 per cent growth in sales bookings this 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. The company’s sales bookings jumped nearly four times to Rs 8,637 crore in the first quarter of this fiscal against Rs 2,254 crore in the year-ago period.

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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