Godrej Properties lines up ₹32,000 crore of launches in second half of FY27
Godrej Properties launched an initiative for FY27.
· LiveMint Companies
The Mumbai-based developer aims to hit its ₹39,000 crore full-year sales target on the back of premium project rollouts, even as higher expenses weighed on its September-quarter profit.
Key facts
- Period
- FY27
The analysis
Godrej Properties reported ₹32,000 crore and ₹39,000 crore for FY27. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -4.4% on the day at ₹1,496.50, and has returned -24.8% over three months. It sits 36% below its 52-week high, which means a good deal of bad news was already in the price. The real estate sector has moved -12.1% over the same period, so Godrej Properties is running 12.7 points behind its peers.
For Godrej Properties, the question is how much of this is already reflected in the price and how much re-rates the real estate peer set alongside it.
Market context
- The company directly in focus is GODREJPROP.
- Sector exposure: Real Estate.