Godrej Properties likely to surpass Rs 20,000 crore project addition in FY25

Godrej Properties is set to exceed its project additions target of Rs 20,000 crore for the current financial year 2024-25, with strong business development pipeline and high operating cash flow. The company reported record net profit and sales volume in the quarter ended June, with plans to launch projects covering 21.9 million sq ft worth an estimated Rs 30,000 crore. Acquisition of a 46-acre land parcel in Indore is expected to boost development potential.