Mumbai Godrej Properties FY26 Pre Sales To Surpass Thirty Two Thousand Crore

Godrej Properties is poised to surpass its FY26 pre-sales target of ₹32,500 crore, riding robust residential demand and an active project launch pipeline, according to the company’s Executive Chairperson. With half the fiscal year complete, the developer has already booked ₹15,587 crore in sales, up 13 per cent from the same period last year, achieving 48 per cent of its annual guidance.

Historically, the firm’s second half delivers stronger performance, bolstering management confidence that the full-year target will be exceeded. Last fiscal, Godrej Properties recorded ₹29,444 crore in pre-sales, the highest among listed peers, reflecting consistent demand across key urban centres. “The market environment remains attractive, and we are confident of meeting or surpassing our FY26 guidance,” said a senior company official.

Notably, the firm crossed ₹1,500 crore in quarterly sales in each of its major markets Delhi-NCR, Mumbai Metropolitan Region (MMR), Bengaluru, and Hyderabad during Q2 FY26, highlighting geographically diverse demand. A high-profile project in Worli, Mumbai, with estimated revenue potential exceeding ₹10,000 crore, forms the centerpiece of its second-half launch strategy.

Customer collections have been affected by monsoon-related construction delays and regulatory approvals, but the company expects to meet its full-year collection target of ₹21,000 crore, aided by planned deliveries between January and March 2026. H1 FY26 collections stood at ₹7,736 crore, or 37 per cent of the target.Financially, Godrej Properties reported a net profit of ₹403 crore in Q2 FY26, a 21 per cent increase year-on-year, alongside total income of ₹1,950 crore, sharply up from ₹1,347 crore in the same quarter last year.

Strengthened by a ₹6,000 crore capital raise via QIP in 2024, the company continues to expand its development capacity while maintaining strong cash flows.The developer continues to prioritise five key urban markets Delhi-NCR, MMR, Pune, Bengaluru, and Hyderabad focusing on group housing, while also expanding into plotted developments across Indian cities. Industry analysts note that Godrej Properties’ diversified geographic presence, high-value project pipeline, and disciplined financial strategy provide a strong foundation for sustained growth in India’s residential real estate sector.

Urban planners highlight the importance of balancing rapid residential expansion with sustainable and inclusive urban development. Godrej Properties’ ongoing focus on delivery, quality, and strategic city-centric launches aligns with the broader goal of creating equitable housing options while supporting the infrastructure needs of growing cities.

Mumbai Godrej Properties FY26 Pre Sales To Surpass Thirty Two Thousand Crore