Godrej Properties posts highest-ever home sale collections in FY25
ET Online May 03, 2025 02:20 PM
Synopsis

Godrej Properties Ltd reported record-breaking FY25 bookings, soaring 31% to ₹29,444 crore, the highest ever for an Indian real estate developer. This surge was fueled by the sale of 15,302 homes, totaling 25.73 million sq. ft. The company exceeded its annual booking guidance by 109% and achieved a 47% increase in project completions, delivering 18.4 million sq. ft.

Representative image

Godrej Properties Ltd (GPL) has reported the highest-ever residential sale collections by any Indian real estate developer in both a quarter and a full financial year, according to its Q4 FY25 results announced Friday.

#Pahalgam Terrorist Attack

Pakistan reopens Attari-Wagah border to allow stranded citizens in India to return

Key Jammu & Kashmir reservoirs' flushing to begin soon

Air India sees Pakistan airspace ban costing it $600 mn over 12 months

The Mumbai-based real estate major collected ₹6,961 crore in Q4 FY25, registering a 48% year-on-year and 127% sequential increase — a surge that significantly boosted its full-year numbers. For the entire FY25, residential sale collections stood at ₹17,047 crore, up 49% from the previous year.

This robust Q4 performance was pivotal in pushing the company’s FY25 collections to an all-time industry high.

In addition to collections, GPL also recorded its highest-ever booking value of ₹29,444 crore in FY25 — a 31% increase over the previous year — through the sale of 15,302 homes covering 25.73 million sq. ft., marking a 29% volume growth.

The company exceeded its booking guidance by 109% and has now delivered eight consecutive years of booking value growth, the only major Indian developer to do so, it said.

Total cumulative bookings since FY20 stand at ₹84,704 crore, with ₹64,203 crore coming in just the last two years.

On the execution side, Godrej Properties delivered 18.4 million sq. ft. of projects in FY25, across five cities — a 47% year-on-year rise. The company's Q4 alone accounted for 6.5 million sq. ft., up 150% from the previous quarter.
© Copyright @2025 LIDEA. All Rights Reserved.