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鈥�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鈥檚 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

Resources

17 Jun 2025

RentenPe and Mygate Partner to Transform Rent Payments in India

Through a strategic partnership, RentenPe and Mygate aim to streamline rent payments and promote financial inclusion by enabling rent-based credit scores for Indian renters. RentenPe, India鈥檚 first Rent Credit Score鈩� platform and a pioneer in rental fintech innovation, has entered a significant alliance with Mygate, the leading community management app in the country. This partnership will transform rent transactions for millions of Indian households by embedding RentenPe鈥檚 payment and rent credit scoring technology directly within the Mygate app. With this integration, all ren..

Real Estate

17 Jun 2025

Supreme Unveils New Brand Identity to Elevate Lifestyle

Supreme, a respected name in Indian real estate with a four-decade legacy, has announced a complete rebranding. The move includes the launch of a new logo and a revamped website, both reflecting the group鈥檚 refreshed vision to 鈥楨levate Lifestyle鈥�. This brand transformation represents more than a visual refresh鈥攊t marks a strategic shift in the company鈥檚 mission, visual identity and market positioning. The update will be visible across all of Supreme鈥檚 digital, social and offline communication platforms. At the core of the initiative is a renewed focus on purposeful design..

Infrastructure Urban

17 Jun 2025

Capri Loans Launches #TarrakiKeHaath Campaign Honouring India鈥檚 Everyday Heroes

Capri Global Capital Ltd (Capri Loans), a leading non-banking financial company, has unveiled its latest brand campaign, #TarrakiKeHaath, a powerful tribute to the everyday hands that build India 鈥� from kirana store owners and taxi drivers to dhaba workers, tailors, and carpenters. Narrated by Capri Loans鈥� long-standing brand ambassador and acclaimed actor Pankaj Tripathi, the campaign celebrates the dignity, resilience, and aspirations of self-employed individuals and small business owners who form the backbone of Bharat鈥檚 economy. Conceptualized by Rediffusion Brand Solutions, the..