Godrej Properties Limited Market Research Report

Company Overview

• Name: Godrej Properties Limited

• Mission: To create spaces that enable Everyday Joys; one community, one family, and one home at a time.

• Founded: Established in 1990.

• Founder: Part of the Godrej Group, founded by Ardeshir Godrej.

• Key People:

• Pirojsha Godrej, Executive Chairperson

• Gaurav Pandey, Managing Director & Chief Executive Officer

• Nadir Godrej, Director (Non-Executive)

• Sutapa Banerjee, Independent Director

• Dr. Indu Bhushan, Independent Director

• Jayashree Vaidyanathan, Independent Director

• Sumeet Narang, Independent Director

• Headquarters: Mumbai, India.

• Number of Employees: 2,391.

• Revenue: Revenue of over USD 6 billion for the Godrej Group.

• Known For: Bringing innovation and excellence to the Indian real estate industry.

Products

Residential Projects

• Godrej Madison Avenue (Kokapet, Hyderabad)

• Price: Available on request.

• Possession: December 2029.

• Units: 3 & 4+ BHK.

• Godrej Avenue Eleven (Mahalaxmi, Mumbai)

• Price: Available on request.

• Possession: December 2028.

• Units: 3 & 4 BHK.

• Godrej Meridien (Sector 106, Gurugram)

• Price: INR 1.62 Cr. onwards.

• Possession: December 2024.

• Units: 1, 2 & 3 BHK.

• Godrej Exquisite (Thane, Mumbai)

• Price: INR 1.59 Cr. onwards.

• Possession: August 2026.

• Units: 2 & 3 BHK.

• Godrej Astra (Sector 54, Gurugram)

• Price: Available on request.

• Possession: January 2031.

• Units: 3 & 4 BHK.

Commercial Projects

• Godrej Square (LBS Marg, Mumbai)

• Price: INR 1.95 Cr. onwards.

• Godrej One (Vikhroli, Mumbai)

• Price: Available on request.

• Godrej BKC (Bandra, Mumbai)

• Price: Available on request.

• Godrej Eternia (Chandigarh, Chandigarh)

• Price: Available on request.

Recent Developments

• New Projects:

• Launch of Godrej Madison Avenue in Hyderabad.

• Acquired a new land parcel in Indore.

• Sales Achievements:

• Sold homes worth over INR 3,000 crores within 3 days at the launch of Godrej Zenith in Gurugram, Haryana.

• Sold over 5,000 homes worth INR 9,500 crore in Q4 FY24.

• Achieved a booking value of over INR 2,000 crore through the launch of Godrej Jardinia in Noida.

• Sold over 2,000 homes worth over INR 3,150 crores at the launch of Godrej Woodscapes in Bengaluru, Karnataka.

• Awards and Recognitions:

• Winner – Best Residential Developer - India by Euromoney’s Global Real Estate Awards 2023.

• Joint Winner – Outstanding Companies, Real Estate Category by Asia Money Outstanding Company Poll 2023.

• Winner – DEI Champion – LQBTQIA+, Non-Tech by Aon NASSCOM DEI Champions Award 2023.

• Various environmental and social initiative awards including the KPMG ESG Conclave and Awards 2023.

Corporate Social Responsibility

• Extensive involvement in sustainability initiatives.

• Emphasis on creating shared value through its 'Good & Green' strategy.

• Recognition for environmental efforts, achieving a B rating for the Climate Change category and inclusion in the Dow Jones Sustainability Indices for emerging markets.

Conclusion

Godrej Properties Limited stands as a pioneering force in the Indian real estate market, known for driving innovation and excellence across its residential and commercial projects while embracing sustainability and corporate responsibility at its core. With a robust pipeline of developments and a series of remarkable sales achievements, the company continues to fortify its position as a leader in the sector.