Godrej Properties Achieves Historic Sales Milestone, Sets Industry Record in 2024

Godrej Properties has achieved an unprecedented milestone in India's real estate sector, recording property sales worth Rs 28,800 crore in calendar year 2024, marking the highest among all listed real estate developers. The company's booking value surged 69% with sales spanning 26.38 million square feet, representing a 54% volume growth. The Delhi-NCR market emerged as the top contributor with Rs 9,936 crore in pre-sales, followed by Mumbai Metropolitan Region at Rs 9,177 crore and Bengaluru at Rs 5,303 crore. The company also demonstrated strong expansion by launching 30 projects and acquiring 16 new land parcels with an estimated revenue potential of Rs 36,250 crore.

Source: The Economic Times