Bengaluru, Oct. 23 -- India's top-selling residential developer, Godrej Properties Ltd (GPL), boasts a robust launch pipeline valued at Rs.32,000 crore across multiple cities for the second half of this financial year to help hit its ambitious sales target for the year.

The developer deployed one-third of its total project launches in the first half of FY27 and delivered 43% of its annual booking guidance, signalling sustained housing demand. GPL has targeted Rs.39,000 crore in total sales for the full year, having achieved Rs.16,659 crore between April and September.

On Friday the Mumbai-based developer reported a sharp 62% drop in net profit to Rs.154 crore for the September quarter from Rs.405 crore a year earlier, mainly on account ...