Godrej Properties achieves record FY26 booking value of ₹34,171 crore
Record Fiscal Year: Godrej Properties Tops ₹34,171 Crore in Bookings
Godrej Properties reported its highest-ever annual booking value of ₹34,171 crore in FY2026, marking the highest annual booking value ever reported by an Indian real estate developer. Over the past three years, booking value has grown at a compound annual growth rate of 41 per cent.
Collections and Cash Flow Surge
Collections for FY2026 increased 17 per cent year-on-year to ₹19,965 crore, while operating cash flow rose 5 per cent to ₹7,830 crore. Both metrics represent record highs for the company, with collections witnessing a three-year CAGR of 30 per cent.
Quarterly momentum accelerated toward fiscal year-end. GPL reported its highest-ever collections in Q4FY2026 at ₹7,947 crore, up 14 per cent year-on-year and 86 per cent sequentially.
Diversified Sales Across Five Major Cities
FY2026 sales reached 17,515 units spanning 27 million sq ft, a 5 per cent increase in volume. Geographically, sales remained well diversified, led by the Mumbai Metropolitan Region (₹10,313 crore), followed by Bengaluru (₹8,802 crore), NCR (₹7,410 crore), Pune (₹3,659 crore), and Hyderabad (₹2,360 crore). The company highlighted that both its South Zone and Mumbai Zone crossed ₹11,000 crore in booking value for the first time.
Execution and Delivery Performance
Direct construction spend during the year surged 62 per cent, reflecting strong execution momentum. Project deliveries remained robust, with the company delivering 12.1 million sq ft across nine cities during the year, achieving 121 per cent of its annual guidance.
Pipeline Growth and Forward Guidance
GPL launched 18 new projects in FY2026, with a cumulative sales potential of 33.32 million sq ft and a total booking potential of about ₹42,100 crore, which was well over twice the company's earlier estimates.
In FY27, the company plans to grow residential bookings to over ₹39,000 crore through the launch of a large number of exciting new projects combined with strong sustenance sales.
Market Position and Nine-Year Growth Streak
GPL remained India's largest residential developer by booking value for the third consecutive financial year. FY2026 was the ninth consecutive year in which GPL registered growth in its booking value.
About Godrej Properties
Godrej Properties was established in 1990 as the real estate development arm of the Godrej Group, a diversified Indian conglomerate founded in 1897. The company operates in 12 cities across India, including the Mumbai Metropolitan Region (MMR), Delhi-NCR, Pune, Bengaluru, and Hyderabad. In 2010, the company went public following an initial public offering that raised approximately US$100 million.