Indian homebuyers now prefer everything from small two-bedroom apartments to high-end homes. A recent Anarock survey from early 2025 found that 36% of people want homes priced from ₹90 lakh to ₹1.5 crore.
Premium homes are in high demand too. In the first quarter of FY25, sales of 1,930 luxury units over ₹4 crore rose 28% in India’s top seven cities from the year before.
The real estate market should hit $1 trillion by 2030 and more than $10 trillion by 2047. Home prices jumped 13-15% in FY25 and may rise another 3-5% in FY26. With these trends, DLF and Godrej Properties seem popular again. Is it time to invest?
DLF and Godrej Properties: Should You Look at Them?
We can check how DLF and Godrej do in new ideas, building projects, and money matters.
DLF: Green tech helps it return to the market
DLF Ltd. works hard to lead in real estate. Its Cyber City office in Hyderabad earned LEED Zero ratings for energy, water, and waste from the US Green Building Council. DLF cuts energy use to zero with solar walls, earth-based cooling, and smart AI systems for heating and air.
The firm uses quick-build methods to speed up projects by 30-40%. It makes bathroom units, pipes, and wall panels off-site, then puts them together on-site with robots.
DLF adds fun shopping areas to raise income per square foot. These spots mix stores, food, and health options. They use people-tracking data to place shops and draw crowds better.
DLF returned to Mumbai after ten years, teaming with Trident. Its Andheri site with 416 units worth ₹2,300 crore sold out in one week. The firm also builds tiny 300-350 square foot homes for slum residents under city rules. That work ends by 2029.
DLF plans new business spaces like DLF Paanjim in Goa, retail spots in Pune, and offices in Gurgaon.
Months back, DLF agreed with Srijan Group to buy their Kolkata IT park for ₹693 crore.
On money, DLF earned ₹2,717 crore in Q1FY26, up 66.45% from last year. Net profit hit ₹763 crore, up 18.3% yearly. But both fell from Q4FY25 due to no big one-off gains from projects like The Camellias luxury homes.
DLF offers a solid 42.7% dividend rate and 21% profit growth over ten years.
Particulars | FY21 | FY22 | FY23 | FY24 | FY25
Sales (₹ in crores) | 5,414 | 5,717 | 5,695 | 6,427 | 7,994
Operating Profit (₹ in crores) | 1,469 | 1,743 | 1,726 | 2,124 | 2,109
Net Profit (₹ in crores) | 1,083 | 1,500 | 2,034 | 2,724 | 4,367
EPS (₹) | 4.4 | 6.0 | 8.2 | 11.0 | 17.6
Source: Screener
DLF stock dropped 4.8% in one year but gained 345.7% over five. Slow sales and project starts caused the fall. Shares trade at 4.51 times book value. Promoters hold steady, but Invesco cut its stake to 15.46% from 15.98% in recent quarters.
Godrej Properties: Smart tech, electric cars, and land buys
Like DLF, Godrej focuses on green builds. It aims to cut Scope 3 emissions 88.5% by 2026. New FY25 projects got IGBC Gold or Platinum tags. Godrej uses AI for faster builds and better resource use.
To match India’s electric vehicle growth, Godrej adds charging spots to all new high-end homes. It picks land with maps and AI, looking at people trends, roads, and rules.
Lately, Godrej bought 26 acres in South Bengaluru for luxury homes. Two months ago, it won a 7.8-acre plot near HITECH City in Hyderabad for ₹548 crore, worth up to ₹3,800 crore in sales. Just yesterday, it got approval for a Worli, Mumbai project that could bring ₹10,000 crore.
Other buys include 34 acres in Vadodara, 48 acres in North Bengaluru, and 50 acres in Raipur.
In Q1FY26, revenue fell to ₹435 crore, down 79.5% from last month and 41.13% yearly. Strong starts in Bengaluru and Greater Noida take longer to sell and yield less than Mumbai or NCR spots.
Net profit rose to ₹598 crore, up ₹79 crore yearly and ₹220 crore monthly. Profits grew 23% yearly over ten years. Debt collection improved from 42.5 to 32.2 days.
Particulars | FY21 | FY22 | FY23 | FY24 | FY25
Sales (₹ in crores) | 765 | 1,821 | 2,252 | 3,036 | 4,923
Operating Profit (₹ in crores) | (449) | (56) | 207 | (130) | (74)
Net Profit (₹ in crores) | (189) | 351 | 621 | 747 | 1,389
EPS (₹) | (6.8) | 12.7 | 20.6 | 26.1 | 46.5
Source: Screener
Godrej stock fell 23.4% in a year but rose 119.0% over five. It trades at 3.98 times book value. The firm skips dividends despite steady profits. Promoters cut holdings 11.4% in three years, but Godrej Seeds added a bit last quarter.
Investor View: Weigh growth vs. market issues
Investors must think big picture.
Private equity in Indian real estate dropped 15% in early FY26 to $2.2 billion from $2.6 billion last year. New build costs rose 2-4% in 2024-25 and may climb more in FY26 from higher materials and pay hikes.