कोशिश गोल्ड - मुक्त
Godrej Properties' Q1 snags, weak demand cloud outlook
Mint Mumbai
|August 05, 2025
Godrej Properties Ltd is targeting pre-sales, or bookings, of ₹32,500 crore for FY26, implying 10% year-on-year growth.
But after an 18% year-on-year drop in pre-sales during the June quarter (Q1FY26) to ₹7,082 crore, investors may question whether the goal is ambitious.
Lower sales from existing projects in the National Capital Region (NCR) and last year's high base led the decline. Godrej launched six new projects/phases in Q1, compared to eight a year ago.
New projects—Godrej MSR City and Godrej Tiara in Bengaluru, and Godrej Majesty in Noida—accounted for over half of Q1 pre-sales. For FY26, the pipeline includes projects in Gurugram, Greater Noida, and Worli. The company has reiterated its full-year launch guidance of ₹40,000 crore.
यह कहानी Mint Mumbai के August 05, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Mint Mumbai से और कहानियाँ
Mint Mumbai
Gift, property sales and NRI taxes decoded
I have returned to India after years as an NRI and still hold a foreign bank account with my past earnings.
1 mins
October 14, 2025
Mint Mumbai
Livspace revenue rises 23% in FY25
Home interiors and renovation platform Livspace has posted a 23% increase in revenue to ₹1,460 crore during the last fiscal, helping the company trim losses to ₹131 crore.
1 min
October 14, 2025
Mint Mumbai
From Bengaluru to the world: Indian startups aim to build global brands with bold R&D and visionary capital
Panellists at the Mint Insights Forum bat for developing global tech brands, privatisation of urban infrastructure, creation of startup cities and greater flow of R&D funds into universities
3 mins
October 14, 2025
Mint Mumbai
‘Trump on track to meet Xi in S. Korea’
US president Donald Trump remains on track to meet Chinese leader Xi Jinping in South Korea in late October as the two sides try to deescalate tensions over tariff threats and export controls, US treasury secretary Scott Bessent said on Monday.
1 min
October 14, 2025
Mint Mumbai
Open AI in 10GW Broadcom pact for chips, networking
OpenAI signed a multiyear agreement with Broadcom Inc. to collaborate on custom chips and networking equipment, marking the latest step in the AI startup's ambitious plan to add computing infrastructure. Broadcom shares jumped.
1 mins
October 14, 2025
Mint Mumbai
Canara Robeco IPO fully subscribed
Asset manager Canara Robeco’s nearly $150 million initial public offering (IPO) was fully subscribed on Monday, the final day of its three-day bidding process, led by strong institutional interest after muted demand earlier.
1 min
October 14, 2025
Mint Mumbai
Hero MotoCorp enters Italy
Two-wheeler major Hero MotoCorp on Monday said it has entered the Italian market through a distribution partnership with Pelpi International.
1 min
October 14, 2025
Mint Mumbai
Creative destruction theorists win Nobel Prize for economics
Three academics from both sides of the Atlantic will share the 2025 Nobel Prize for economics for their work on the role of innovation in generating economic expansion.
2 mins
October 14, 2025
Mint Mumbai
DEPARTMENT OF DISASTER MANAGEMENT, RELIEF AND REHABILITATION, GOVERNMENT OF MAHARASHTRA
The Arabian Sea keeps Maharashtra on alert.
1 mins
October 14, 2025
Mint Mumbai
Your guide to a joyful, guilt-free festive season
Experts share simple tips to help you practise mindful indulgence
2 mins
October 14, 2025
Listen
Translate
Change font size