Godrej Properties plans to launch homes worth about ₹32,000 crore between October 2026 and March 2027, double the ₹16,000 crore it launched in the first half of the 2026-27 financial year. Chairperson Pirojsha Godrej told PTI the pipeline is strong across Mumbai, Delhi-NCR, Pune, Bengaluru and Hyderabad, and that demand has held up in every project despite global uncertainty.
How much will Godrej Properties launch in the second half of FY27?
- Launches planned, October 2026 to March 2027: about ₹32,000 crore
- Launched, April to September 2026: ₹16,000 crore
- Full-year launch target: ₹48,000 crore, against ₹42,200 crore in FY26
- Cities: Mumbai region, Delhi-NCR, Pune, Bengaluru and Hyderabad
Godrej’s FY27 targets against what it has done so far
| Measure | FY27 target | April to September 2026 | Left for October to March |
|---|---|---|---|
| Launches | ₹48,000 Cr | ₹16,000 Cr | ₹32,000 Cr |
| Sales bookings | ₹39,000 Cr (expected ₹41,500 Cr) | ₹16,659 Cr | about ₹24,800 Cr |
| Collections from buyers | ₹24,000 Cr | ₹9,666 Cr | about ₹14,300 Cr |
| Homes delivered | 13.5 million Sq.Ft. | 3.4 million Sq.Ft. | about 10.1 million Sq.Ft. |
Sales bookings are expected to reach a record ₹41,500 crore this year, 22% more than the ₹34,171 crore booked in FY26 and above the company’s own guidance. First-half bookings were up 7% on last year, so the second half has to be much stronger, which is exactly what the doubled launch pipeline is meant to deliver.
Why Godrej’s profit fell even as sales held up
Godrej reported a 62% fall in consolidated net profit to ₹154 crore for July to September 2026, from ₹405 crore a year earlier, as expenses nearly doubled to ₹2,477 crore. Developers book profit when homes are handed over, not when they are sold, so a light quarter for deliveries depresses profit even when bookings are strong. We covered the quarter in detail in our Godrej Q2 FY27 results report and our comparison of seven developers’ Q2 results.
What the launch push means for Bengaluru and Hyderabad buyers
A pipeline twice as big means more Godrej launches, and more launch offers, over the next five months. In Bengaluru, Godrej projects we track that are at pre-launch or early-launch stage include Godrej MSR City Phase 2 near Devanahalli, Godrej Elite 250 in Whitefield and Godrej Regent Park on Sarjapur Road. In Hyderabad, Godrej Epoque at Neopolis is newly launched.
For buyers already waiting on a Godrej home, the delivery target matters more. The company has to hand over about 10 million Sq.Ft. in the second half, three times what it delivered in the first, so watch whether projects due before March 2027 stay on schedule.
Godrej Properties has completed more than 80 million Sq.Ft. of projects since 2018 and has been India’s largest listed developer by sales bookings in recent years. See all its projects on our Godrej Properties developer page.
Vikas H S is the Project Reviewer at BookNewProperty. He reviews every project page against the developer and the state RERA portal, and writes the site's developer results and market news in plain language for first-time buyers.
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