Godrej Properties Anticipates Strong Gains in Housing Sales

Godrej Properties expects overall residential housing demand in all major markets to support record sales bookings of ₹41,500 crore in FY27, up 22% from the previous year, according to the company. Chairman Pirojsha Godrej said the company was witnessing good performance from new housing launches along with a healthy demand pipeline for ongoing projects. Hindustan Times reported this on October 25, 2026. The company maintained an overall positive outlook on India's residential real estate market.

 

High Demand Encourages Business Growth

In FY27, the company had sales bookings of ₹16,659 crore in the first half, compared with ₹15,587 crore in the same period last year, marking a 7% increase. In FY26, Godrej Properties recorded sales bookings worth ₹34,171 crore. The latest guidance reflects the company’s aim to grow through new residential project launches and sales from existing projects in the coming months. Continued customer demand for its residential portfolio will be important to achieving its target.

 

Launch of New Projects to Boost Growth Opportunities

In the latter half of FY27, Godrej Properties intends to launch a series of residential projects. Potential launches include projects in Thane, Noida and Greater Noida, as well as Bandra in Mumbai and Golf Course Extension Road in Gurugram. These launches could expand the company's residential offering and provide homebuyers with more choices across different markets.

 

India’s Housing Market Outlook

The article describes India's residential real estate market as having a promising outlook, with future growth linked to residential development. Godrej Properties aims to support longer-term growth through investments in ongoing projects, expanding its development pipeline and acquiring land for future developments. The company remains focused on both established and emerging real estate markets.

The projected sales bookings of ₹41,500 crore remain a target, contingent on customer interest, project launches and sales execution during FY27.

 

Summary

Godrej Properties expects residential sales bookings to reach ₹41,500 crore in FY27, supported by housing demand, new launches and a healthy pipeline of ongoing projects.