Motilal Oswal Recommends 'BUY' on Godrej Properties, Sets Target at INR 2219

• Motilal Oswal's research report suggests buying Godrej Properties with a target price of INR 2219.
• Godrej Properties' 3QFY26 presales volume reached 6.4 msf, a 58% YoY increase.
• Presales value for 3QFY26 was INR 84 billion, up 55% YoY, aligning with estimates.
• 9MFY26 presales hit INR 240 billion, marking a 25% YoY growth.
• The company achieved 74% of its FY26 presales guidance in the first nine months.