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Godrej Properties sales bookings up 84 per cent in FY24

Godrej Properties on Tuesday reported an 84 per cent increase in sales booking last fiscal to a record Rs 22,500 crore on higher volumes and launch of premium housing projects amid strong consumer demand.

Shares of the company zoomed 7.85 per cent to hit a 52-week-high of Rs 2,791.20 on the BSE in

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Godrej Properties buys 4-acre land in Bengaluru to build premium homes; eyes Rs 1,000 cr revenue

Godrej Properties buys 4-acre land in Bengaluru to build premium homes; eyes Rs 1,000 cr revenue
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Godrej Properties eyes Rs 3,000 crore revenue from new luxury housing project in Gurugram

Realty firm Godrej Properties will soon launch a luxury housing project in Gurugram with an estimated revenue potential of around Rs 3,000 crore as it seeks to encash a rise in demand for premium residential properties.

The company will develop nearly 750 apartments in a 9.5-acre housing project

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gurugram: Godrej Properties eyes Rs 3,000 cr revenue from new luxury housing project in Gurugram

Godrej Properties gears up for a luxury housing project in Gurugram, estimating a Rs 3,000 crore revenue. 'Godrej Aristocrat' will offer 750 apartments starting at Rs 4 crore each, already attracting over 1,200 potential buyers. Despite soaring prices, Gurugram's market remains strong. The firm targets a significant sales goal of Rs 14,000 crore this fiscal, eyeing launches in Delhi-NCR, Noida, Gurugram, and other key cities. Amid a 48% sales growth, its consolidated net profit rose by 22% to Rs 66.80 crore.

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Godrej Properties net debt up 17 per cent in Jul-Sep mainly to fund land acquisitions

Realty firm Godrej Properties net debt rose 17 per cent in the July-September quarter to Rs 6,174 crore mainly due to fund acquisition of land parcels.

According to its investors presentation, the net debt of Mumbai-based Godrej Properties stood at Rs 6,174 crore as on September 30, 2023. Its net

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Godrej Properties net debt up 17% to Rs 6,174 crore in July-September mainly to fund land acquisitions

According to its investors presentation, the net debt of Mumbai-based Godrej Properties stood at Rs 6,174 crore as on September 30, 2023. Its net debt was Rs 5,298 crore as on June 30, 2023 and Rs 3,649 crore at the end of the last fiscal.

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godrej properties: Godrej Properties net debt up 17 pc to Rs 6,174 cr in Jul-Sep mainly to fund land acquisitions

Realty firm Godrej Properties net debt rose 17 per cent in the July-September quarter to Rs 6,174 crore mainly due to fund acquisition of land parcels. During the last financial year, Godrej Properties acquired multiple land parcels across various cities to develop housing projects that can generate a revenue of Rs 32,325 crore.

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