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
Godrej Properties increased its equity stake in Godrej Realty from 51% to 100% by acquiring equity shares from HDFC Venture Trustee Company.
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.
Godrej Properties leased ~2lakh sq. ft. of office space to A.P. Moller, Maersk’s business units, at Godrej Two in MumbaiGodrej Properties looked to develop six new projects in Pune
Partnered with Taj Hotels to develop world class Taj brand hotel
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|