Template:Infobox company
Godrej Properties Limited is an Indian real estate company headquartered in Mumbai.[1] A subsidiary of Godrej Industries Group, it operates in the residential, commercial, and township development sectors across major Indian cities.[2] The company is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).[3]
History
Godrej Properties was established in 1990 as the real estate development arm of the Godrej Group, a diversified Indian conglomerate founded in 1897.[4]
In 2010, the company went public following an initial public offering that raised approximately US$100 million.[5] Since 2012, the company has been led by Executive Chairman Pirojsha Adi Godrej, a fourth-generation member of the Godrej family, who joined the Godrej Group in 2004.[6][7]
Over the years, the company has developed residential, commercial, and township projects across multiple cities in India, including the Mumbai Metropolitan Region and Pune.[1]
In 2025, the company acquired approximately 75 acres of land in Nagpur for the development of a plotted township project.[8] In 2026, it acquired an 8.5-acre land parcel in Mahalunge, Pune, through an outright purchase.[9]
Operations
The company operates in 12 cities across India, including the Mumbai Metropolitan Region (MMR), Delhi-NCR, Pune, Bengaluru, and Hyderabad.[7]
In 2025, GPL reported sales bookings of ₹34,171 crore.[10] In February 2026, the company announced a joint development agreement for an 18-acre land parcel in Thane, within the Mumbai Metropolitan Region (MMR).[11]
Capital raising
In June 2018, GPL raised ₹1,000 crore through a private placement,[12] followed by ₹2,100 crore through a Qualified institutional placement (QIP) in 2019 and ₹3,750 crore through another QIP to institutional in March 2021.[7]
In December 2024, the company raised ₹6,000 crore through a further QIP.[13]
Projects
- Godrej BKC, Mumbai
- Planet Godrej, Mahalaxmi, Mumbai
- Godrej Garden City, Ahmedabad
- Godrej MSR City, Bengaluru
- Godrej City, Panvel, Maharashtra
- Godrej Woodsman Estate, Bengaluru
- Godrej Prakriti, Kolkata
Recognition
The company was included in the Fortune India 500 rankings in 2012, 2014, 2015, 2016,[14][15][16][17] and consecutively from 2020 to 2024.[18][19][20][21][22]
In 2025, the company was ranked among the developers in the GROHE-Hurun India Real Estate 150 report by total area developed.[23]
References
- ↑ 1.0 1.1 Godrej Properties boasts top spot in India’s residential market for 2025, Khan, Arshad. The New Indian Express(2026-01-15). Retrieved 2026-05-02.
- ↑ Pirojsha Godrej Builds On His Billionaire Family's Name. Forbes. Retrieved 2026-05-02.
- ↑ Pirojsha Godrej Builds On His Billionaire Family's Name. Forbes. Retrieved 2026-05-02.
- ↑ Godrej Properties - Hem Securities Research (Analyst Report). Hem Securities Research(27 February 2025).
- ↑ Godrej Properties in Robust Debut; Boost for Sector - WSJ. Wall Street Journal(2010-01-05). Retrieved 2026-05-02.
- ↑ Pirojsha Godrej takes over as Godrej Properties chairman, Datta, Aveek. Forbes India(February 2, 2017). Retrieved 2026-05-02.
- ↑ 7.0 7.1 7.2 How Pirojsha Godrej changed India’s real estate business | Company Business News, Nandy, Madhurima. mint(2024-05-14). Retrieved 2026-05-02.
- ↑ Godrej Properties buys 75 acres land in Nagpur for plotted township project. The Hindu(2025-11-21). Retrieved 2026-05-02.
- ↑ Godrej Properties acquires 8.5 acre Pune land with ₹2,000 crore revenue potential, Kumar, Chitranjan. Fortune India(2026-01-30). Retrieved 2026-05-02.
- ↑ Godrej Properties retains top spot in Indian residential real estate market. BusinessLine(2026-01-15). Retrieved 2026-05-02.
- ↑ Godrej Properties signs JDA for 18-acre Thane project with ₹7,500 crore revenue potential, R Thakkar, Mehul. Hindustan Times(2026-02-23). Retrieved 2026-05-02.
- ↑ Godrej Properties inks redevelopment pact for 7.5-acre project in Mumbai’s Wadala. The Economic Times(2021-09-30). Retrieved 2026-05-02.
- ↑ Godrej Properties approves ₹6,000 crore fund raise through various methods - CNBC TV18, Bhutra, Sonal. CNBCTV18(2024-10-01). Retrieved 2026-05-02.
- ↑ Fortune India 500 2012: This Year's Top Performing Companies. Fortune India. Retrieved 2026-05-02.
- ↑ Fortune India 500 2014: This Year's Top Performing Companies. Fortune India. Retrieved 2026-05-02.
- ↑ Fortune India 500 2015: This Year's Top Performing Companies. Fortune India. Retrieved 2026-05-02.
- ↑ Fortune India 500 2016: This Year's Top Performing Companies. Fortune India. Retrieved 2026-05-02.
- ↑ Fortune India 500 2020: This Year's Top Performing Companies. Fortune India. Retrieved 2026-05-02.
- ↑ Fortune India 500 2021: This Year's Top Performing Companies. Fortune India. Retrieved 2026-05-02.
- ↑ Fortune India 500 2022: This Year's Top Performing Companies. Fortune India. Retrieved 2026-05-02.
- ↑ Fortune India 500 2023: This Year's Top Performing Companies. Fortune India. Retrieved 2026-05-02.
- ↑ Fortune India 500 2024: This Year's Top Performing Companies. Fortune India. Retrieved 2026-05-02.
- ↑ DLF’s Rajiv Singh Tops 2025 Grohe-Hurun India Real Estate Rich List, Followed by Lodha, Adani Families. The Realty Today(2025-08-01). Retrieved 2026-05-02.
External links
Template:Commons category Template:Godrej Group Template:Nifty 200 companies