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Godrej Properties targets ₹39,000 crore in sales for FY27 after record-breaking year
In FY26, GPL's sales bookings rose 16% year-on-year to ₹34,171 crore. That was achieved through the sale of 17,513 units spanning 27 million sq ft, the highest ever by an Indian real estate firm.
Godrej Properties posts quarterly profit rise on housing demand
Indian real estate developer Godrej Properties reported a 70% rise in fourth-quarter profit on Monday as demand for residential apartments stayed high.
Q4 Results LIVE Updates: DMart shares down 4%, ideaForge Technologies up 16%; Ambuja report today
Q4 Results LIVE Updates: Amubja Cements, Manappuram Finance, Godrej Properties, Aditya Birla Capital, Tata Technologies, KEI Industries, Jindal Stainless, BHEL, Aarti Industries, Sobha, Quess Corp, Tata Chemicals, Wockhardt, are among the companies reporting their earnings today. Also watch for earnings reactions from Avenue Supermarts, Kotak Mahindra Bank, CDSL, NSDL, Zen Technologies, Mazagon Dock and others. Watch this space for all the LIVE earnings reactions.
The Real Estate index is set for its best month in nearly five years as rebound continues
Stocks such as Sobha, Godrej Properties, Phoenix Mills Ltd., Ananta Raj, Lodha Developers, Oberoi Realty, Brigade Enterprises, Prestige Estates are trading with gains between 2% to as high as 4.5%. All constituents of the index are trading with gains. For the month so far, all constituents of the Realty Index are up between 15% to 30%.
Nifty Realty falls nearly 2%, Godrej Properties, Prestige down up to 4% as crude-driven inflation worries weigh
The weakness in real estate shares comes amid broader concerns about elevated crude oil prices and their potential inflationary impact, which could delay interest-rate cuts by central banks.