Godrej Properties, part of the venerable Godrej Industries Group (GIG), is a leading real estate player in India. Upholding the Group's ethos of innovation, sustainability and excellence, Godrej Properties has been synonymous with trust and quality for over a century. With a focus on leveraging advanced design and technology, the company is committed to exceeding stakeholder expectations by crafting exceptional and innovative spaces, rooted in deep consumer understanding. It believes in the power of collaboration to achieve excellence, partnering with premier designers, architects, and contractors both in India and internationally. This approach ensures that every development not only meets the present needs of its residents and communities but is also durable and forward-thinking, reflecting the best the world has to offer in real estate.
The 'Godrej' brand is well-recognized throughout India due to its long history in the market, the diverse sectors the Godrej Industries Group operates in, and the trust it has built over time. This strong brand reputation aids in several business activities, such as establishing joint development agreements, moving into new cities and markets, and forming business partnerships.
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. 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 engaged primarily in the business of real estate construction, development and other related activities. The company focuses on developing residential, commercial and township projects. Godrej Properties is also into the plotted development space in Tier-2 cities, recognizing their sales potential. The brand has been crucial in developing solid relationships with customers, service providers, partners, investors and lenders.
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
- 2017: Golden Bricks Awards 2016 -17.
- 2017: CWAB Awards 2017;
- 2017: Real Estate Company of the Year 2017.
- 2017: Golden Peacock National Quality Award - 2017.
- 2017: ABP News Real Estate Awards 2017.
- 2017: Corporate LiveWire - Innovation & Excellence Awards 2017.
- 2018: The ‘Builder of the Year’ at the CNBC-Awaaz Real Estate Awards 2018.
- 2018: Intelligent Enterprise Awards 2018.
- 2018: The Economic Times Best Real Estate Brand 2018.
- 2019: The Most Trusted Real Estate Brand’ in 2019 from the Brand Trust Report.
- 2019: Real Estate Company of the Year at the 9th Construction Week Awards 2019.
- 2019: Equality and Diversity Champion 2019 at the APREA Property Leaders Awards.
- 2021: Godrej Properties has been recognized as the Masters of Risk in the real estate category at 7th edition of The India Risk Management awards.
- 2022: The Gold Award for Gender Equality at the ICAI International Sustainability Reporting Awards 2022.
- 2023: Recognition for ‘Environmental and Social initiatives’ at the KPMG ESG Conclave and Awards 2023.
- 2023: Winner, DEI Champion – LGBTQIA+, Non-Tech at the Aon NASSCOM DEI Champions Award.
- 2024: India's Most Admired Brand Awarded at Construction World Global Awards 2024.
- 2024: First Indian Company to be Recognised with the ‘Employ Dyslexia’ Badge Awarded by Made By Dyslexia, a UK‑based global charity.
- 2024: Golden Peacock Award for ESG 2024.
- 2024: Construction Times - BAM Awards, 2024 - Best Luxury Residential Project Godrej Zenith.
- 2024: 14th CNBC Awaaz Real Estate Awards, 2024 - Best Residential Project – Ultra Luxury.
- 2024: Construction World Architect & Builder (CWAB Awards), 2024 - India’s Top Builders 2024 – Winner.
- 2024: GRI Awards India 2024 - Developer of the year.
- 2025: Economic Times Real Estate Awards 2025- Best Residential Project – Multiple Units.
- 2025: ETHCA 2025 – Excellence in creating a culture of continuous learning and upskilling.
- 2025: Realty+ India Brand Leadership Conclave & Awards 2025- Iconic Brand Leader.
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.
2021
- Godrej Properties has launched a qualified institutional placement (QIP) issue to raise up to Rs 3,750 crore through the sale of shares.
- Godrej Properties has increased stake in Godrej Realty to 100% from 51% by acquiring equity shares from HDFC Property Fund.
- Godrej Properties (GPL) has been ranked number 1 amongst listed global residential developers by the Global Real Estate Sustainability Benchmark, (GRESB) for a second consecutive year.
- Godrej Properties has launched its digital brand campaign ‘Everyday Joys- Jahaan Khushiyan Badi Hoti Hai’.
- Godrej Properties has acquired 100% issued and paid-up share capital of Yerwada Developers (YDPL).
2022
- Godrej Properties along with its wholly owned subsidiary -- Godrej Projects Development -- has acquired 100% issued and paid-up share capital of Ashank Land & Building (ALBPL).
- Godrej Properties has been recognized as a Real Estate Development Sector Leader for residential real estate by Global Real Estate Sustainability Benchmark, (GRESB).
2023
- Godrej Properties has increased its stake in equity share capital of Wonder City Buildcon (WCBPL) and Godrej Home Constructions (GHCPL) from 25.10% to 74%.
- Godrej Properties has acquired 49% equity shares of Godrej Skyline Developers (GSDPL) from the existing shareholder.
2024
- Godrej Properties has acquired leasehold rights for around 11-acre land parcel in Hinjewadi, Pune, offering developable potential of around 2.2 million square feet with an estimated revenue potential of around Rs 1,800 crore.
2025
- Godrej Properties has acquired 100% equity shares of Pearlshine Home Developers (PHDPL) from its existing shareholders.
- Godrej Properties has bought 14 land parcels across major cities to build housing projects with revenue potential of about Rs 26,500 crore in the last fiscal year (FY25).
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