May 21, 2025
New Delhi, May 21, 2025 — Godrej Properties Limited (GPL), a prominent real estate developer in India, has significantly expanded its land holdings in the Delhi-National Capital Region (NCR) as part of a broader acquisition strategy during the 2024–25 fiscal year. The company acquired 14 land parcels across major Indian cities, with five key acquisitions in Delhi-NCR—three in Gurugram and two in Greater Noida—collectively estimated to generate a revenue potential of approximately ₹14,000 crore .(therealtytoday.com)
Strategic Focus on Delhi-NCR
The Delhi-NCR region remains a focal point for GPL's expansion plans. The recent acquisitions in Gurugram and Greater Noida are part of the company's strategy to strengthen its presence in high-demand urban markets. These developments are expected to cater to the growing demand for residential and commercial spaces in the region .(@EconomicTimes)
Nationwide Expansion and Financial Performance
Beyond Delhi-NCR, GPL's land acquisitions span key urban markets, including the Mumbai Metropolitan Region (MMR), Pune, Bengaluru, Kolkata, Ahmedabad, and Indore. The total development potential from these 14 land parcels is estimated at approximately ₹26,500 crore .(The Times of India)
In the 2024–25 fiscal year, GPL reported a 31% increase in sales bookings, reaching a record ₹29,444 crore, up from ₹22,527 crore in the previous year. The company's consolidated net profit nearly doubled, rising 93% to ₹1,399.89 crore from ₹725.27 crore, while total income grew to ₹6,967.05 crore from ₹4,334.22 crore .(therealtytoday.com)
Future Outlook
Looking ahead, GPL plans to launch housing projects worth ₹40,000 crore in the current fiscal year, surpassing the ₹36,600 crore worth of projects launched in the previous year. The company has set a pre-sales target of ₹32,500 crore for the fiscal year 2025–26, representing a 20% increase over last year's guidance and a 10% rise compared to actual sales booked .(therealtytoday.com)
"We are very happy with the company's performance in 2024–25 and believe the key now is to maintain this momentum," said Pirojsha Godrej, Chairperson of Godrej Properties. "With our strategic land acquisitions and robust project pipeline, we are well-positioned to capitalize on the growing demand in the real estate sector."(therealtytoday.com)
For more information on Godrej Properties and their projects, visit Godrej Properties.
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