Godrej Properties Ltd. introduced on Monday that it bought properties price greater than Rs 1,000 crore on the launch of its Godrej Regal Pavilion undertaking in Hyderabad. This marks the Mumbai-based actual property firm’s second profitable undertaking launch in Hyderabad this 12 months, with each developments surpassing the Rs 1,000 crore gross sales milestone at launch.
The Godrej Regal Pavilion boasts a developable potential of 4.14 million sq. ft and an estimated income potential of Rs 3,600 crore, in keeping with the corporate. The undertaking is located in Rajendra Nagar, an rising locality in Hyderabad providing easy accessibility to the Outer Ring Street and proximity to the airport—components that improve its enchantment.
“This end result displays the rising desire for trusted, branded residences and Hyderabad’s sturdy development potential,” stated Gaurav Pandey, Managing Director and CEO of Godrej Properties.
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Final week, the corporate additionally emerged as the very best bidder for a 7.8-acre land parcel in Kukatpally, Hyderabad, with a complete bid worth of Rs 547.78 crore. The brand new undertaking on this land is estimated to have a income potential of Rs 3,800 crore.
On the monetary entrance, Godrej Properties reported a 15.4 per cent enhance in web revenue to Rs 600 crore for the June quarter in comparison with the earlier 12 months, whereas income declined 41 per cent to Rs 435 crore. Different revenue rose to Rs 1,186 crore from Rs 960 crore year-on-year. The corporate posted an EBITDA lack of Rs 243 crore within the quarter.
Shares of Godrej Properties had been buying and selling 1.0 per cent larger at Rs 2,073.5 round 9:50 am on Monday, although the inventory has declined 25.4 per cent thus far in 2025.
