Godrej Properties eyes record ₹41,500 crore sales bookings on strong demand
Reported by Business Standard, not nibnow. We are not the publisher of this story, only the source is.
Godrej Properties expects its sales bookings to rise 22 percent to a record Rs 41,500 crore this fiscal year, driven by strong consumer demand across its residential projects. This indicates robust growth and high consumer confidence in the company's housing offerings.
Realty firm Godrej Properties' sales bookings is expected to rise 22 per cent this fiscal to a record Rs 41,500 crore, beating annual guidance on strong demand for its housing properties, according to its Chairperson Pirojsha Godrej. In an interview with PTI, Pirojsha Godrej noted that consumer demand has been "quite strong" in the company's new as well as ongoing residential projects across all markets where it has a presence. Even for the overall real estate market, he said the housing demand
Godrej Properties is a prominent real estate developer in India that constructs residential and commercial projects across multiple major markets. Sales bookings represent the total value of properties sold by a developer during a specific period.
- •Whether the company ultimately meets or exceeds its revised annual guidance of Rs 41,500 crore in sales bookings by the end of the fiscal year.
- •Trends in broader consumer demand for housing properties within the overall real estate market.