Yes, Godrej is a real estate company. It operates in this sector through its famous branch, Godrej Properties. While the parent Godrej Group is well-known for making locks and soaps, Godrej Properties is a separate, public company that builds homes and offices. It is currently one of the biggest and most successful home builders in India.
Godrej Properties is a highly active real estate company in India. It started its journey on January 1, 1990, under its founders, Mohan Khubchand Thakur and Desiree Mohan Thakur. Today, Gaurav Pandey runs the company as the CEO and Managing Director, while Pirojsha Godrej serves as the Executive Chairperson. The firm grew fast and got listed on the National Stock Exchange (NSE) in 2010.
The company holds a strong name in the property market. It has handed over fresh keys to more than 60,000 happy families across India. The brand focuses on clean, green, and sustainable building designs. Because of this focus, the group won the global number 1 spot for green homes from the GRESB organization.
Yes, Godrej is an active real estate company in Delhi and the NCR zone. The firm builds premium lifestyle homes and high-rise apartments in top localities. They recently bought a massive 23.2-acre land plot in Greater Noida to build a luxury township worth ₹7,000 crore. To ensure premium build quality, they signed a major ₹1,100 crore construction deal with Tata Projects.
The builder commands a top position across India's biggest real estate markets.
The city of Mumbai serves as the core home base for the developer. The firm has launched over 100 housing projects across different micro-markets of Mumbai, covering a vast development footprint of more than 200 million square feet of land area. The Godrej Properties Head Office sits at Pirojshanagar, Vikhroli East, Mumbai (400079).
Some of the top 5 notable projects of Godrej Properties in Mumbai include:
Managed by the Godrej Properties Pune Office, the brand is highly popular in areas like Kharadi and Mahalunge. They recently bought 16 acres of fresh land in Upper Kharadi for luxury flats and shops, aiming for an estimated revenue of ₹3,100 crore.
The builder is highly famous in prime tech zones like Whitefield, Sarjapur Road, and Devanahalli across North and East Bangalore. The team has successfully developed over 84 residential projects in the city, covering a massive area of nearly 70 million square feet. The official regional office of Godrej Properties in Bangalore is located at Level 10, Prestige Obelisk, Kasturba Road, Ambedkar Veedhi, Sampangi Rama Nagar, Bengaluru, Karnataka 560001.
Some of the latest upcoming and recently launched Godrej projects in Bangalore include:
Apart from the housing firm, the parent group also runs Godrej Construction. This branch does not build apartments for buyers. Instead, it makes eco-friendly concrete, green building materials, and recycles construction waste. Many engineers look for a Godrej construction vacancy to build a career in green infrastructure and sustainable materials.
The firm has won over 400 national and global awards for its clean business style.
Godrej Properties Prelaunch Project is Godrej Vanantara.
Most market analysts fix the target price between ₹2,170 and ₹2,350 per share.
The future looks very bright. The company holds a massive pipeline of new lands worth over ₹42,000 crore, which will turn into fresh housing projects soon.
Yes, it is very safe. They are a highly trusted corporate builder. They register every single plot with RERA and deliver clear land titles to buyers.
No, they carry some business debt, but it is well under control. Their rising sales cash flow and deep cash reserves keep the balance sheet healthy.
The firm launched its first housing project called Godrej Edenwoods in Thane, Maharashtra, back in 1991.
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