Godrej Properties, one of India’s leading real estate developers, is gearing up to launch housing projects worth Rs.22,000 crore in the second half of FY26. The move comes as the company looks to capitalise on robust demand across key markets, including Mumbai, Delhi?NCR, Bengaluru, Pune, and Hyderabad.
Executive Chairperson Pirojsha Godrej confirmed that the company remains on track to meet its full?year guidance of Rs.40,000 crore in launches and Rs.32,500 crore in sales bookings. “We have already launched Rs.18,600 crore worth of projects in the first six months, achieving nearly half of our annual targets. With demand skewed towards the second half, we are confident of exceeding expectations,” he said.
Among the upcoming projects, a marquee development in Worli, Mumbai, is currently underway, while another in Bandra is expected by March?end. The company’s strategy also includes expanding into tier II cities with residential plots, aiming to tap into aspirational buyers beyond metros.
Financially, Godrej Properties reported a 21% rise in consolidated net profit to Rs.403 crore in Q2 FY26, compared to Rs.334 crore in the same period last year. Total income surged to Rs.1,950 crore from Rs.1,347 crore, reflecting strong operational momentum. Pre?sales grew 13% year?on?year to Rs.15,587 crore in the first half of the fiscal.
The company’s growth plans are supported by Rs.6,000 crore raised through a Qualified Institutional Placement last year, alongside healthy operating cash flows. Pirojsha Godrej noted that this capital base will enable continued investment in new projects and long?term expansion.
With consumer demand holding firm and premium launches in Mumbai’s prime locations, Godrej Properties is positioning itself to strengthen its leadership in India’s housing market. The second half of FY26 is expected to be decisive, as the company balances scale with innovation to meet the evolving aspirations of homebuyers.
