Godrej Properties Sets Unprecedented Benchmark With ₹29,444 Crore in FY25 Bookings
Sustained Growth and Record Achievements
Godrej Properties Limited has announced its highest-ever annual booking value of ₹29,444 crore in FY25, marking a 31% year-on-year increase and solidifying its position as India’s leading real estate developer. This achievement surpasses all previous records in the sector, driven by strong demand across key markets.
Financial Highlights
| Metric | FY25 Value | Growth (YoY) | Volume |
|---|---|---|---|
| Booking Value | ₹29,444 crore | 31% | 15,302 units sold |
| Quarterly Q4 Booking Value | ₹10,163 crore | 7% | 3,703 homes (7.52M sq ft) |
Key Projects Powering Growth
Record-breaking Q4 bookings were fueled by strategic launches in prime markets:
- Godrej Riverine (Noida): Achieved over ₹2,000 crore in bookings, highlighting demand for premium Noida properties
- Godrej Astra (Gurugram): Secured ₹1,000+ crore through high-end residential offerings
- Godrej Madison Avenue (Hyderabad): Generated ₹1,000+ crore in the emerging Hyderabad market
Regional Dominance
Geographic diversification played a critical role:
Top Performing Markets
- NCR: Contributed >₹10,500 crore (35% of total)
- MMR (Mumbai): Added >₹8,000 crore (27%)
- Bengaluru: Supplied >₹5,000 crore (17%)
Future Roadmap and Strategic Moves
The company’s aggressive expansion plans are supported by:
- Business Development Pipeline: ₹26,450 crore in future booking potential
- Capital Infusion: ₹6,000 crore raised via QIP in December 2024 for sustained growth
Industry Context and Challenges
Despite a 28% Q1 2025 sales dip industry-wide, Godrej Properties and peers like Macrotech Developers demonstrate resilience. The former achieved a 55% Sales Booking CAGR over three years while Macrotech reported ₹17,630 crore FY25 bookings.
This performance underscores Godrej’s adaptability to market shifts and commitment to delivering quality across India’s top metros. With investor confidence bolstered by record operating cash flows, the company is well-positioned to maintain leadership amid evolving market dynamics.