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Godrej Properties Targets Rs 21,000 Cr Projects, Sees Record Sales

Godrej Properties Targets Rs 21,000 Cr Projects, Sees Record Sales

Godrej Properties plans to launch residential projects worth Rs 21,000 crore by March across major cities. The firm aims for 20% sales booking growth this fiscal year, targeting Rs 27,000 crore. In Q1 FY24, sales bookings surged nearly fourfold to Rs 8,637 crore, and net profit jumped over four times to Rs 520 crore. The company’s strong performance reflects high demand and robust quarterly results. Investors should watch for continued growth and project launches.

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