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Godrej Properties

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Godrej Properties

  • One of the leading real estate developers in India
  • Develops residential, commercial retail and IT projects
  • Presence in 12 Indian cities
  • Delivered over 5.23 million square feet of space in FY20

Godrej Properties was established in 1989 and is part of Godrej Group, one of the largest conglomerates in India. Today, it is one of the leading real estate developers in the country with presence in more than 12 cities. The company witnessed its highest ever sales in FY20 and added 10 new projects. The booking value stood at Rs. 5,915 crore (US$ 839.13 million) in FY20.

Its consolidated total income reached Rs. 2,829 crore (US$ 401.33 million) in FY20.

Company Website: www.godrejproperties.com/

Godrej Properties - Imagine

2021

Godrej Properties increased its equity stake in Godrej Realty from 51% to 100% by acquiring equity shares from HDFC Venture Trustee Company.
Godrej Properties to launch 10 new real estate projects.

2020

The Godrej Group has forayed into financial services segment with Godrej Housing Finance (GHF) through which the company aims to build a long-term and sustainable retail financial services business in India, aiming for a balance sheet of Rs. 10,000 crore (US$ 1.35 billion) in the next three years.

2019

Godrej Properties leased ~2lakh sq. ft. of office space to A.P. Moller, Maersk’s business units, at Godrej Two in Mumbai

Godrej Properties looked to develop six new projects in Pune
2017

Partnered with Taj Hotels to develop world class Taj brand hotel

2016

Added a new project in Bengaluru, Karnataka

2015 Announced a new township project in Pune, Maharashtra
2010 Became a publicly listed company
2008 Expansion into multiple Indian cities
2007 Ranked among the top 10 construction companies in India by Construction World
1999 Launched its first project in Pune, Maharashtra
1997 Completed its first commercial project in Mumbai, Maharashtra
1994 Completed its first residential building in Thane, Maharashtra
1991 Signed a memorandum of understanding for its first project
1989 Godrej Industries Limited entered the real estate sector

 

Real Estate
Real estate sector in India is expected to reach US$ 1 trillion by 2030. By 2025, it will contribute 13% to the country’s GDP.