Godrej Properties Unveils ₹22,000 Crore Housing Blitz for 2025

Godrej Properties, a prominent Indian real estate developer, is gearing up for a major housing launch blitz in the second half of the 2025 fiscal year. The company plans to unveil around ₹22,000 crore worth of new housing units, with a focus on key projects in the Worli and Bandra neighborhoods of Mumbai.

According to Pirojsha Godrej, the Executive Chairperson of Godrej Properties, the company had earlier provided guidance that it would launch properties worth ₹40,000 crore and sell units worth approximately ₹32,500 crore during the current fiscal year. The company has already launched ₹18,600 crore worth of properties and achieved sales bookings of nearly ₹15,600 crore in the first six months, putting it well on track to meet or exceed its annual targets.

Godrej Properties' pre-sales grew by 13% to ₹15,587 crore in the first half of the 2025 fiscal year, compared to ₹13,835 crore in the same period last year. The company is optimistic about the current housing market scenario, with Pirojsha stating that "the overall market is holding up well" and "the demand environment continues to be quite attractive."

The company's strong financial position, bolstered by a ₹6,000 crore equity capital raise through a QIP last year, coupled with its robust operating cash flow, will enable Godrej Properties to continue investing for higher growth in the coming years.