Company Profile
Godrej Properties Ltd. brings the Godrej Group philosophy of innovation, sustainability, and excellence to the real estate industry. Each Godrej Properties development combines a 123-year legacy of excellence and trust with a commitment to cutting-edge design and technology. In 2010, Godrej Properties became a publicly listed company through a successful IPO in which it raised $100 million. It also created a fund management subsidiary in 2016; Godrej Fund Management raised $275 million in the year's largest residential real estate focused fund raise in the country. It is one of India's only national developers with a strong presence across the country's leading real estate markets. In the financial year 2016, for the first time, Godrej Properties was India's largest publicly listed real estate developer by sales value having sold over Rs 5,000 crore of real estate that year. In the same year, it also delivered 0.56 million square meters (6 million square feet) of real estate in seven cities across India.
Business area of company
Godrej Properties is a real estate company. The Company is engaged in construction and real estate development. The Company focuses on developing residential, commercial and township projects.
Properties developed by the company:
Residential:
Godrej Pine, Thane
Godrej Edenwoods, Thane
Godrej Riverside, Kalyan
Godrej Woodsman Estate, Bangalore
Planet Godrej, Mumbai
Godrej Prakriti, Kolkata
Godrej Avenues, Bangalore
Godrej Aria, Gurgaon
Godrej Air Sector 85, Gurgaon
Commercial properties:
Godrej Eternia, Chandigarh
Godrej Waterside, kolkata
Godrej Coliseum, Mumbai
Godrej Eternia , Pune
Awards & Recognitions
The Most Trusted Real Estate Brand’ in 2019 from the Brand Trust Report.
Real Estate Company of the Year at the 9th Construction Week Awards 2019.
Equality and Diversity Champion 2019 at the APREA Property Leaders Awards.
The Economic Times Best Real Estate Brand 2018.
The ‘Builder of the Year’ at the CNBC-Awaaz Real Estate Awards 2018.
Intelligent Enterprise Awards 2018.
Golden Bricks Awards 2016 -17.
CWAB Awards 2017;
Real Estate Company of the Year 2017.
Golden Peacock National Quality Award - 2017.
ABP News Real Estate Awards 2017.
Corporate LiveWire - Innovation & Excellence Awards 2017.
Ranked 2nd in Asia & 5th globally by GRESB (Global Real Estate Sustainability Benchmark).
Institute Of Directors India's 27th World Congress on Business Excellence and Innovation.
Important Events
2010
2011
The Company through its wholly owned subsidiary Godrej Buildcon Private Limited has signed a Development Agreement with JET AIRWAYS (INDIA) LIMITED for development of MMRDA leasehold land admeasuring 10309.58 sq. mtrs, situated at G-Block, Bandra-Kurla Complex, Bandra, Mumbai subject to conditions mentioned therein.
2012
Godrej Properties Limited (GPL) has entered into a Development Management Agreement with R.R. Builders to redevelop a MHADA property in Byculla, Mumbai, through its wholly owned subsidiary Godrej Projects Development Private Limited (GPDPL).
2013
Godrej Properties adds a large new project in Mumbai.
Godrej Properties adds a new project in NCR.
Godrej Properties adds a new project at a prime location in New Delhi.
Godrej Properties announces a new redevelopment project in Malad, Mumbai.
Godrej Properties enters new joint venture project in Pune.
Godrej Properties increases the size of its Panvel project.
Godrej Properties launches Affordable Housing in Ahmedabad
Company has approved the scheme of amalgamation of two of its subsidiaries Godrej Developers Private Ltd with Godrej Projects Development Private Ltd.
Godrej Properties launches Townhomes in Bengaluru.
Godrej Properties launches Godrej Oasis in Gurgaon.
Acquisition of shares of Godrej Buildwell Private Limited (GBPL) by Godrej Projects Development Pvt Ltd (GPDPL), both subsidiaries of Godrej Properties.
Godrej Properties inks agreement with Godrej & Boyce to develop a new project on the Eastern Express Highway, Vikhroli, Mumbai.
2014
2015
Godrej Properties ties up with Snapdeal.
Godrej Properties announces a township project in Pune.
ICRA assigns high-credit-quality rating to Godrej Properties.
Godrej Properties adds a large new residential project in Kolkata to its portfolio.
Godrej Properties launches a new project in Mumbai.
Godrej Properties launches Godrej Prana project in Pune.
Godrej Properties wins the ‘Golden Peacock Award for Sustainability’.
2016
Godrej Properties launches Residential Phase 2 at The Trees.
Godrej Properties adds a new project in Bengaluru.
Godrej Properties announces the establishment of Godrej Fund Management, a dedicated funds management subsidiary.
Godrej Properties announces the launch of luxury and premium towers in Godrej Infinity.
Godrej Properties launches Godrej Emerald in Thane.
Godrej Properties receives several recognitions for its leadership in environmental sustainability.
Godrej Properties receives 12 awards at the company, project, and individual levels
Godrej Properties announced Godrej BKC, its commercial project in Mumbai, has received the Leadership in Energy and Environmental Design (LEED) Platinum certification.
2017
2019
2020
Godrej Properties has been chosen as the National Brand Leader as per the Track2Realty BrandXReport 2019-2020.
Godrej Properties has entered into an outright transaction to purchase a well located land parcel in Sarjapur, Bangalore.
Godrej Properties has acquired 43.61 acres of land in Faridabad, Haryana, from local builder BPTP to expand its presence in the national capital region.
Godrej Properties has acquired 100% issued and paid-up share capital of the Ceear Lifespaces (CLPL).
Godrej Properties has acquired 20% issued and paid-up share capital of Vivrut Developers.