Godrej Properties’ Q1 bookings rise 22% to ₹8,651 crore; FY27 target tops ₹39,000 crore
Godrej Properties said branded-housing demand remains resilient as Q1 FY27 sales bookings climbed 22% year-on-year. The developer added three projects with an expected ₹9,500 crore booking value and is targeting more than ₹39,000 crore in FY27 sales bookings.
Godrej Properties reported 22% higher Q1 FY27 bookings of ₹8,651 crore despite lower revenue and profit from completion-based accounting. It targets over ₹39,000 crore in FY27 bookings, supported by resilient demand for branded housing developers and new project additions.
Why this matters
Godrej Properties’ bookings growth follows recent signals on its record ₹8,651 crore Q1 bookings and a 42% Q1 profit decline, underscoring resilient branded-housing demand despite weaker profit.
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