Godrej Properties Sees Strong End-User Demand, Plans Robust Launch Pipeline

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CNBC TV18•06-02-2026, 16:29
Godrej Properties Sees Strong End-User Demand, Plans Robust Launch Pipeline
- •Godrej Properties CEO Gaurav Pandey expects resilient end-user demand and is preparing a strong launch pipeline across key micro-markets.
- •The company reported a 20% YoY net profit increase to ₹195.2 crore in Q3FY26, despite a 48.6% revenue decline.
- •Operational performance was robust, with bookings surging 55% to ₹8,421 crore and collections rising 40% to ₹4,282 crore.
- •Godrej Properties has added over ₹1 lakh crore in inventory since FY23, with approximately ₹1,35,000 crore worth of inventory currently available.
- •Upcoming launches include Godrej Arden in Greater Noida, a new parcel on Golf Course Road in Gurugram, projects in Bengaluru, Hyderabad, Mumbai (Worli, Panvel), Pune, and Ahmedabad.
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