Homebuyers tracking Godrej Properties new launches have a busy five months ahead. The developer plans to launch homes worth ₹32,000 crore in the second half of 2026-27, double the roughly ₹16,000 crore it launched between April and September.
Chairperson Pirojsha Godrej gave the plan in an interview with PTI published on 9 November. Godrej Properties has been the country's largest listed developer by sales bookings in recent years, PTI noted, and is expected to hold that position this year.
The new launches are spread across the developer's main markets: the Mumbai Metropolitan Region (MMR), Delhi-NCR, Pune, Bengaluru and Hyderabad.
Godrej Properties new launches: the numbers
The company has set a launch target of ₹48,000 crore for 2026-27, against ₹42,200 crore launched in 2025-26. Managing director and CEO Gaurav Pandey had first flagged the ₹32,000 crore second-half pipeline on the September-quarter earnings call, UNI reported on 24 October.
Pirojsha Godrej told PTI the company was on track to meet or beat its full-year guidance on sales bookings, customer collections, launches, land acquisition and project completions.
Bookings rose 7% to ₹16,659 crore in April–September, from ₹15,587 crore a year earlier. The company's sales bookings guidance for the year is ₹39,000 crore, and PTI reported that bookings are expected to rise 22% to a record ₹41,500 crore. Bookings in 2025-26 were ₹34,171 crore.
Demand and deliveries
"We are not seeing any of our own projects where we are disappointed with off-take or demand," Pirojsha Godrej told PTI. He said demand had been "quite strong" across the company's projects despite global political and economic uncertainty.
Collections from customers stood at ₹9,666 crore in the first half, against a full-year target of ₹24,000 crore. The company aims to hand over 13.5 million sq ft of projects this year, although only 3.4 million sq ft was delivered in the first half.
Profit fell in the September quarter
Bookings are rising, but reported profit has fallen. Consolidated net profit fell 62% to ₹154.15 crore in July–September, from ₹405.08 crore a year earlier.
Total income rose to ₹2,571.73 crore from ₹1,950.05 crore, while expenses climbed to ₹2,476.74 crore from ₹1,300.98 crore. Half-year net profit was ₹504 crore, half the ₹1,005 crore earned a year ago.
Developers book revenue only when projects are completed and handed over. Bookings, the value of homes sold, are therefore a better guide to current demand than quarterly profit.
What it means for you
A ₹32,000 crore launch pipeline means homebuyers in MMR, NCR, Pune, Bengaluru and Hyderabad will see many new Godrej projects over the next five months. Launch phases often come with early-bird prices or payment plans, so it can help to compare the first tower's price with later phases.
Buyers should check each project's RERA registration, the promised possession date and the developer's delivery record. The company itself has a large handover target to meet this year.
Sources
- Hindustan Times (PTI): Godrej Properties to launch ₹32,000 cr worth homes for sale in H2 FY27 to cash in on demand — published 9 November 2026.
- UNI: Godrej Properties plans launches worth Rs 32,000 crore despite drop in profit — published 24 October 2026.
Frequently asked questions
How many new projects will Godrej Properties launch in 2026-27?
The company has set a launch target of ₹48,000 crore for 2026-27. It launched about ₹16,000 crore in April–September and plans about ₹32,000 crore in October–March.
In which cities is Godrej Properties launching new projects?
Pirojsha Godrej said the second-half pipeline is strong across the Mumbai Metropolitan Region, Delhi-NCR, Pune, Bengaluru and Hyderabad.
Why did Godrej Properties' profit fall in Q2 FY27?
Consolidated net profit fell 62% to ₹154.15 crore in July–September as expenses rose to ₹2,476.74 crore from ₹1,300.98 crore a year earlier, PTI reported.