New Delhi, Nov. 7 -- For Godrej Properties Ltd, softer collections played spoilsport in the three months ended September (Q2FY26), overshadowing robust pre-sales, which were above Rs.7,000 crore for the third consecutive quarter. Unsurprisingly, the stock has declined by 5% over the last two trading sessions.

Pre-sales or bookings rose year-on-year and sequentially in Q2 to Rs.8,505 crore, driven by new launches including Godrej Regal Pavilion in Hyderabad, Godrej Skyshore in Mumbai, and Godrej Tiara in Bengaluru.

H1FY26 pre-sales rose year-on-year to Rs.15,587 crore or about 48% of FY26 pre-sales target. This is the highest ever Q2 and H1 booking value achieved by Godrej Properties.

In comparison, collections rose a mere 2% year-on-ye...