Godrej Properties Sets Rs 325 Billion Sales Goal for FY26

08 May 2025 CW Team

Godrej Properties is targeting Rs 325 billion in sales bookings for financial year 2025–26, around ten per cent more than the Rs 294.44 billion recorded in FY25. It also plans to launch new residential projects worth Rs 400 billion in key markets including Mumbai, National Capital Region, Pune and Bangalore.

The company sold 15,302 residential units in FY25, achieving the highest-ever annual residential sales in India’s real estate sector. The initial guidance had been Rs 270 billion for the year.

In the fourth quarter of FY25, revenue from operations rose by 49 per cent to Rs 21.22 billion, compared to Rs 14.26 billion in the same quarter of FY24. Net profit declined by 20 per cent year on year to Rs 3.76 billion, though it slightly surpassed analyst expectations.

Executive Chairman Pirojsha Godrej stated that the company has maintained a compound annual growth rate of 55 per cent over the past three years. Business development in FY25 stood at Rs 360 billion, exceeding the guided figure of Rs 300 billion.

Despite concerns over market slowdown, the company remains optimistic, citing Rs 100 billion in bookings during the fourth quarter and strong luxury sales in Gurugram and Mumbai.

Source:The Financial Express

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..