About Godrej Properties
Godrej Properties, founded in 1990, is a leading Real Estate development company in India. It is a part of the larger Godrej Group, which was established in 1897. The Godrej Group was originally focused on the manufacturing of locks and safes but has diversified over the years into various sectors, including consumer goods, appliances, furniture, and real estate.
Adi Godrej is the main owner of Godrej Properties, Pirojsha Godrej is the executive chairman, and Gaurav Pandey has been the CEO since 1 January 2023. Godrej Properties is ranked 19th with an ACT score of 2.7C, a score of 1.3/20 for just transition, and a score of 5.5/20 for core social competencies.
Godrej Properties has projects in 13 cities across India, including Mumbai, Pune, Nagpur, Chennai, Kolkata, Bangalore, Ahmedabad and Chandigarh. Some of their projects include Godrej Reserve, Godrej Avenues, Godrej Icon, Godrej 101, etc.
In the second quarter of FY25, Godrej Properties' net profit rose almost five times to Rs 335.21 crore. In that same quarter of the previous year, the net profit was Rs 66.80 crore. The company's operating income reached Rs 1,093.23 crore in Q2FY25, which is 3.2 times more than the same time last year.
Godrej Properties is a well-known Indian real estate developer. They have several awards over the years. Here are some well-known ones:
- Golden Peacock Award for Sustainability (2023)
- ET Best Brands Award (2023)
- Real Estate Company of the Year (2022)
- Most Trusted Real Estate Brand (2021)
- Golden Brick Awards (2021)
In FY 2023, Godrej Properties made ₹2,585 crore in sales. That's what happened because the projects went well. There are strong sales for both homes and businesses in real estate. It grew with the help of big Indian towns.
Prices at Godrej Properties start at ₹50 lakhs for apartments and go up to ₹1.5 crore for villas. Prices for business spaces start at about ₹1 crore, but this depends on the project and location.
Godrej Properties pre launch new project is Godrej Neopolis
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