Godrej Property Latest News
Godrej property latest news offers over a dozen high-impact updates between February and July 2025, including 6 official press releases, ₹2,000 crore in Bengaluru sales (June 23), and three key leadership appointments. The group crossed its FY25 target by adding 12 new projects (16.9 million sq. ft.) with an estimated GDV of ₹23,450 crore (Apr–Dec 2024). Meanwhile, FY26 is gearing up with ₹40,000 crore worth of launches, backed by a ₹6,000 crore QIP. From strategic land buys in Pune (16 acres on June 17, 2025) to entering new markets like Raipur (July 16, 2025), Godrej Properties is shaping India’s real estate outlook across every vertical — residential, redevelopment, and luxury segments.
Godrej Properties is the real estate arm of the 125-year-old Godrej Group, founded in 1990. As of FY24, the company clocked ₹28,800 crore in property sales (Hindustan Times, February 6, 2025), with ₹163 crore profit posted in Q3 (ET, February 5). Its active presence spans major metros including Mumbai, Pune, Bengaluru, NCR, and now Panipat and Raipur. In FY25 alone, it launched 12 projects totalling 16.9 million sq. ft. of saleable space, with an estimated GDV of ₹234.5 billion.
The latest news refers to the announcements and notifications about the group or company regarding future developments that hold significance for both buyers and investors.
- Leadership Transitions: Amitesh Shah became Zonal CEO – MMR (July 19, 2025), and Sandeep Navlakhe will take over as COO from August 1, replacing Priyansh Kapoor and Vikas Singhal, respectively.
- Project Momentum: ₹2,000 crore worth of homes were sold in just one launch — Godrej MSR City, Bengaluru (June 23, 2025).
- New Markets & Land Acquisitions: The group entered Raipur (July 16), acquired 16 acres in Upper Kharadi, Pune (June 17), and 14 acres in Hoskote, Bengaluru (June 16), all aligned with its ₹32,500 crore sales booking target for FY26.
- Investor Impact: These moves signal capital-efficient growth, helping retail investor holdings rise from 13.25% to 13.46% (as of March 2025).
- February 5, 2025: Godrej Properties to meet FY25 sales guidance (Mint)
- February 6, 2025: ₹28,800 Cr in total 2024 sales announced (Hindustan Times)
- February 17, 2025: Projects worth ₹23,450 Cr built in Apr–Dec (Financial Express)
- February 27, 2025: ₹1,000 Cr+ sold in Pune project launch (Hindu Business Line)
- June 2, 2025: Acquires 14-acre land parcel in Kharadi–Wagholi, Pune
- June 16, 2025: Plans 14-acre residential project in Hoskote, Bengaluru
- June 17, 2025: Acquires 16-acre land in Upper Kharadi, Pune
- June 23, 2025: ₹2,000 Cr in sales at launch of Godrej MSR City, Bengaluru
- June 30, 2025: Enters Panipat with 43-acre luxury township
- July 16, 2025: Announces entry into Raipur market
Godrej Properties has an ambitious project pipeline for FY26:
- ₹40,000 Cr worth of launches planned across Tier-1 and Tier-2 cities
- 20% sales booking growth target – aiming for ₹32,500 Cr
- Backed by ₹6,000 Cr QIP and strong operating cash flow
- Godrej Tiara, Yeshwanthpur, Bangalore
- Launched June 11, 2025 | 3–4.5 BHK | 346 units | 4.9 acres | 29 floors
- Godrej MSR City, Shettigere Road, Bangalore
- Launched April 5, 2025 | 62 acres | 31 towers | 1,961 homes in Phase 1
- Upper Kharadi, Pune (16 acres)
- Acquired June 17, 2025 | Estimated revenue: ₹3,100 Cr
- Panipat Township, Haryana
- 43 acres | ₹1,250+ Cr revenue expected | Announced June 30, 2025
- Hoskote Project, Bengaluru
- 14 acres near ITPL | 1.5 million sq. ft. | Revenue potential: ₹1,500 Cr
- Raipur Expansion
- Entered on July 16, 2025 | Project details awaited
- As of July 21, 2025, 3:12 PM, the stock trades at ₹2,403.00, up 1.59% from the previous close.
- Volatility is driven by profit booking near resistance at ₹2,408.70.
- Support levels: ₹2,161.70 and ₹2,117.10 | Resistance levels: ₹2,285.20 and ₹2,364.10.
- Investors are tracking leadership shifts and new launches.
- Discussions around the land acquisition bill in Karnataka highlight confidence:
- “The land will still be purchased from willing sellers.”
- Retail holding rose to 13.46% in March 2025 — indicating rising retail trust.
- High: ₹3,700
- Medium: ₹2,778
- Low: ₹1,800
- indmoney.com Target: ₹2,741.86 — Potential 15.92% upside based on 21 analyst ratings
- Amitesh Shah appointed Zonal CEO – MMR (July 19, 2025)
- Panipat expansion confirmed, project to cross ₹1,250 Cr value.
- Raipur entry announced (July 16, 2025) — major Tier-2 push in North India.
- Zonal CEO (MMR) appointed: Amitesh Shah to lead Mumbai region.
- Focus on redevelopment opportunities and land acquisition.
- Expected launch of Worli Project in H1 FY26
