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Godrej Properties has achieved sales of over ₹2,000 crore by selling more than 1,000 homes at its newly launched Godrej Vanantara project on Bengaluru's Bannerghatta Road.
Godrej Properties Ltd (GPL) announced that its latest residential project, Godrej Vanantara, has received an overwhelming response from buyers.
Launched in the first week of June 2026, the project emerged as one of the most successful residential launches in the South Bengaluru market.
The company said it sold over 1,000 homes within days of launch, generating sales bookings exceeding ₹2,000 crore. The strong response reflects growing interest in well-planned residential communities in Bengaluru.
Godrej Vanantara is spread across 36 acres and ranks among the largest residential developments by Godrej Properties in South India.
The project has a developable potential of approximately 3.53 million square feet and an estimated total revenue potential of ₹3,700 crore. With its large scale and modern design, the development is expected to become a landmark residential project in Bengaluru.
The successful launch has further strengthened Godrej Properties' presence in one of India's most active housing markets.
Located on Bannerghatta Road, Godrej Vanantara benefits from its position in one of Bengaluru's rapidly growing residential corridors.
The area has witnessed significant infrastructure growth and improved connectivity over the years. Its easy access to IT hubs, educational institutions, hospitals, shopping centres, and entertainment zones has made it a preferred destination for homebuyers.
According to Housing.com, the average property price in the Bannerghatta Road area reached ₹15,782 per sq ft in June 2026, registering a 23.48% year-on-year increase. The rise in property values reflects the area's increasing popularity among both investors and end-users.
Godrej Properties continued to maintain its position as India's largest residential developer by booking value for the third consecutive financial year in FY26.
The company reported a booking value of ₹34,171 Crore during FY26, representing a growth of 16% year-on-year. Over the last three years, the developer has recorded a strong 41% CAGR in booking value.
FY26 was also a record-breaking year for the company in terms of business development, customer bookings, collections, and operating cash flow.
Godrej Properties reported impressive financial performance for the quarter ended March 2026.
The company's consolidated net profit increased by 73% to ₹650 crore, compared to ₹376 crore in the same period last year.
Revenue from operations rose 63% to ₹3,458 Crore, up from ₹2,122 crore in Q4 FY25.
EBITDA grew sharply to ₹523 crore from ₹110 crore a year earlier, while the EBITDA margin improved to 15.12% from 5.18% during the corresponding quarter.
These results highlight the company's strong operational performance and sustained growth momentum.
Also Read: Godrej Properties Wins Bid for 23.2-Acre Land Parcel in Greater Noida, Targets ₹7,000 Crore Revenue
Godrej Properties is also actively expanding its development pipeline across major cities. Recently, the company secured a 23.2-acre residential land parcel in the DMIC Integrated Township, Greater Noida.
The proposed group housing project on the site is expected to generate revenue of more than ₹7,000 crore, further strengthening the company's future growth prospects and residential portfolio across India.
