Godrej Properties to launch residential projects worth ₹32,000 crore in the upcoming financial year

According to a report by The Economic Times, Godrej Properties is planning to launch new residential projects worth ₹32,000 crore during the upcoming financial year. This move has been taken in view of the robust demand for residential housing in the market. The company aims to double this figure compared to its launches in the previous financial year.

A significant increase is also expected in the company's sales figures. Sales bookings could see a 22 per cent increase this year, which is likely to reach a record level of ₹41,500 crore. However, due to an increase in costs, the company's profit margins have been affected, but there has been growth in total revenue compared to the previous year.

The report further stated that during the period from April to September of the financial year 2026-27, Godrej Properties launched residential properties worth ₹16,000 crore. Now the company is poised to introduce large-scale projects in the second half of the upcoming financial year (H2 FY27).

Godrej Properties was a well-known company in the real estate sector involved in the development of residential and commercial projects.