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  1. Godrej Properties shares in focus as company to develop 14-acre land parcel; revenue potential is ₹1,500 crore

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Godrej Properties shares in focus as company to develop 14-acre land parcel; revenue potential is ₹1,500 crore

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3 min read | Updated on June 16, 2025, 09:09 IST

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SUMMARY

Godrej Properties share price: The proposed development is expected to offer approximately 1.5 million square feet of saleable area with an estimated revenue potential of nearly ₹1,500 crore (based on the current business assumptions.)

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Godrej Properties

Shares of Godrej Properties have fallen 13% so far in 2025. | Image: Shutterstock

Godrej Properties share price: Shares of Godrej Properties will be in focus as the real estate developer on Monday, June 16, announced it will develop a premium residential project on a strategically located 14-acre land parcel in Hoskote, East Bengaluru.
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The proposed development is expected to offer approximately 1.5 million square feet of saleable area with an estimated revenue potential of nearly ₹1,500 crore (on the basis of the current business assumptions.)

The company, in its press release, said, "Building on the success of Godrej Woodscapes, this acquisition further solidifies GPL’s continued expansion in East Bengaluru, a region emerging as a key residential and investment corridor due to its rapidly improving infrastructure, access to quality social amenities, and proximity to major employment hubs including Whitefield, ITPL, and the upcoming Aerospace Park."

Located approximately 5 km off NH-75, the location enjoys excellent connectivity to key nodes such as Budigere Cross, KR Puram, and the Whitefield micro-market, the release added.

The area is also witnessing transformative infrastructure upgrades, improved arterial road networks, and the development of adjacent industrial and logistics zones. These improvements are expected to further elevate the appeal of Hoskote as a vibrant and well-connected urban hub, making it a compelling location for future-ready residential communities, the company said.

Gaurav Pandey, MD and CEO, Godrej Properties, said, “Hoskote is an important micro market for us in East Bengaluru. It continues to demonstrate strong demand for high-quality housing and aligns with our vision of developing best-in-class residential communities. We aim to build a high-quality development that creates long-term value for its residents.”

Godrej Properties Q4 FY25 Results

Realty firm Godrej Properties reported a 19% decline in its consolidated net profit to ₹381.99 crore for the latest March quarter despite higher income and announced plans to raise debt up to ₹2,000 crore.

Its net profit stood at ₹471.26 crore in the year-ago period.

Total income increased to ₹2,681.06 crore in the fourth quarter of the last fiscal year from ₹1,914.82 crore in the corresponding period of the preceding year, according to a regulatory filing.

During the January-March quarter, the company's tax outgo rose to nearly ₹190 crore while it incurred a loss of ₹35.36 crore in some joint ventures.

However, Godrej Properties' net profit rose 93% to ₹1,399.89 crore during 2024-25 from ₹725.27 crore in the preceding fiscal year.

Total income grew to ₹6,967.05 crore last fiscal from ₹4,334.22 crore in the 2023-24 fiscal.

Commenting on the performance, Pirojsha Godrej, Executive Chairperson of Godrej Properties, said the company "delivered a record-breaking financial year 2025 with its highest ever bookings, collections, operating cash flows, earnings and deliveries as well as a strong year for business development."

Godrej Properties sales bookings rose 31% to a record ₹29,444 crore last fiscal from ₹22,527 crore in the preceding year. The company is set to become the largest listed real estate developer last fiscal year in terms of sales bookings.

Godrej Properties share price trend

Shares of Godrej Properties have fallen 13% so far in 2025, around 19% in the past six months. However, it has gained around 11% in the past 30 days.

(With inputs from PTI)
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