Godrej Properties March zone booking value rise to 7 % to Rs 10,163 crore from year-in the past period, the first time the industry pre-sold homes well worth more than Rs 10,000 crore in 1 / 4, the employer said in a launch on April 8. Sequentially, the booking fee became up 87 %, it said. For the financial, the booking fee increase by 31 % to Rs 29,444 crore, exceeding its guidance for FY25.
“This is the highest ever full year booking cost and amount introduced by any real estate developer in India up to now,” Godrej Properties claimed in the launch.
Godrej Properties Booking Rise to 6.5%
During the year, the National Capital Region (NCR) contributed maximum by process of booking cost at Rs 10,500 crore, followed by the Mumbai city area at Rs 8,000 crore and Bengaluru at around Rs 5,000 crore.
Sales bookings in the sector had been driven by projects such as Godrej Riverine in Noida, Godrej Astra in Gurugram and Godrej Madison Road in Hyderabad.
“We are thrilled to have crossed Rs 10,000 crore in sales bookings for the first time in Q4 FY25. Our sales bookings during the last 3 years have compounded at an annual growth price of 55 %. Through this, GPL has absolutely reset the scale of its operations and for the second consecutive year is the biggest real estate developer in India by booking price,” Godrej Properties handling director and CEO Gaurav Pandey.
Company Delivered projects with Booking Value of Rs 26,450 crore
During the year, the Godrej Properties company delivered projects with a total future booking value potential of Rs 26,450 crore, he said. The company’s qualified institutional placement of Rs 6,000 crore in December, together with internal cash flows, might allow it to keep its business development activities. At 11.36 am, Godrej Properties sharers had been trading at Rs 1,959.55 at the National Stock Trade, 1.7 % higher than the previous near.
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