Godrej Properties
Corporate brand
UnclaimedGodrej Properties is an Indian real estate developer operating across residential, commercial, and township development.
Last updated August 31, 2026
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Overview
Godrej Properties Limited is the real estate development business associated with the Godrej Group, one of India’s long-established diversified business houses. Established in 1990, the company was created as the group’s dedicated property-development arm and has since developed a portfolio spanning residential communities, commercial projects, and large township developments. Its principal activities are concentrated in major Indian urban markets, especially the Mumbai Metropolitan Region, while its operating footprint also includes Delhi-NCR, Pune, Bengaluru, Hyderabad, Ahmedabad, Nagpur, and other cities. The company’s business model combines development on owned or acquired land with joint development and other partnership arrangements. This approach enables Godrej Properties to participate in projects across high-value metropolitan markets without relying exclusively on land held directly on its balance sheet. Its portfolio has included apartment developments, mixed-use and commercial assets, plotted or township projects, and large-scale urban communities. Examples associated with the company include Godrej BKC and The Trees in Mumbai, Planet Godrej in Mahalaxmi, Godrej Garden City in Ahmedabad, and Godrej City in Panvel. Godrej Properties became a publicly traded company in 2010 through an initial public offering. The listing provided access to institutional capital and supported the company’s expansion in India’s property market. It subsequently raised capital through a private placement in 2018 and qualified institutional placements in 2019, 2021, and 2024. These transactions formed part of the company’s broader effort to strengthen its capital base and support project growth. Financial figures associated with these transactions should be understood in their respective historical periods rather than as current financial guidance. Since 2012, the company has been led by Executive Chairman Pirojsha Adi Godrej, a fourth-generation member of the Godrej family who joined the wider Godrej Group in 2004. Under this leadership, Godrej Properties expanded its presence across several of India’s largest real estate markets and continued to use the Godrej name as a marker of institutional affiliation, design-led development, and corporate governance. The company has been recognized in the Fortune India 500 in multiple years and was included among developers assessed in the GROHE-Hurun India Real Estate 150 report in 2025. Recent expansion has included land and development transactions outside the company’s earlier core markets. In 2025, Godrej Properties acquired approximately 75 acres in Nagpur for a plotted township project. In 2026, it acquired an approximately 8.5-acre parcel in Mahalunge, Pune, through an outright purchase. It also announced a joint development agreement in February 2026 for an approximately 18-acre parcel in Thane in the Mumbai Metropolitan Region. These transactions illustrate the company’s continuing emphasis on land acquisition, development partnerships, and expansion of its pipeline across major Indian growth corridors. Godrej Properties is therefore positioned as a large Indian branded developer rather than as a narrowly focused housing label. Its identity derives from the Godrej corporate house, its publicly listed status, its presence in multiple metropolitan markets, and its broad project mix. The business remains active in residential, commercial, and township development, although the precise composition of its pipeline changes as individual projects are launched, delivered, transferred, or completed.
History
Godrej Properties was established in 1990 as the real estate development arm of the Godrej Group. The parent group had been built as a diversified Indian business house, and the creation of a dedicated property company reflected the growing importance of organized real estate development in India. From its beginning, the company’s role was to apply the Godrej name and corporate platform to residential, commercial, and larger township projects. During its early development, Godrej Properties built a presence in the Mumbai region and gradually expanded into other major Indian cities. Its activities included apartment projects, commercial developments, and large planned communities. The company’s use of partnerships and joint-development structures became an important part of its expansion model, allowing it to access land and projects in urban markets where outright acquisition could be capital intensive or difficult to execute. A major institutional milestone came in 2010, when the company completed its initial public offering and became listed on the Bombay Stock Exchange and the National Stock Exchange of India. The offering raised approximately US$100 million according to the cited reference material. Public ownership increased the company’s access to capital markets and gave it a broader platform for expansion. The company later supplemented its funding through a private placement of ₹1,000 crore in June 2018, a ₹2,100 crore qualified institutional placement in 2019, and a further ₹3,750 crore qualified institutional placement in March 2021. In December 2024, it raised ₹6,000 crore through another qualified institutional placement. These capital-raising events were intended to support corporate and project-level growth; the available reference does not provide a complete breakdown of their subsequent uses. Pirojsha Adi Godrej became the company’s Executive Chairman in 2012. A fourth-generation member of the Godrej family, he had joined the wider Godrej Group in 2004. His tenure has coincided with the company’s expansion across the Mumbai Metropolitan Region, Delhi-NCR, Pune, Bengaluru, Hyderabad, Ahmedabad, and other Indian markets. The company’s portfolio has included projects such as Godrej BKC in Mumbai, Planet Godrej in Mahalaxmi, The Trees in Mumbai, Godrej Garden City in Ahmedabad, and Godrej City in Panvel. Godrej Properties has also pursued large-scale development concepts, including township projects that combine multiple residential or planned-development components. Its project mix has consequently extended beyond individual apartment buildings to broader urban communities and plotted developments. The company’s position in the market has been reinforced by its association with the Godrej Group, its publicly listed structure, and recognition in corporate and real estate rankings. It appeared in the Fortune India 500 in 2012, 2014, 2015, 2016, and consecutively from 2020 through 2024. In 2025, it was included among the developers covered by the GROHE-Hurun India Real Estate 150 report by total area developed. The company’s more recent expansion has involved both land acquisition and development agreements. In 2025, it acquired approximately 75 acres in Nagpur for a plotted township project. In February 2026, it announced a joint development agreement involving an approximately 18-acre site in Thane within the Mumbai Metropolitan Region. In 2026, it also acquired an approximately 8.5-acre land parcel in Mahalunge, Pune, through an outright purchase. These moves indicate continued investment in the development pipeline and geographic expansion, although the available material does not provide detailed construction schedules, launch dates, or completion outcomes for these projects. Today, Godrej Properties remains an active Indian real estate company with operations across major urban markets. It continues to develop residential, commercial, and township projects under the Godrej Properties name. Because the company’s inventory and project pipeline change over time, individual projects should be assessed by their current status rather than treated as permanent offerings of the brand.
- 2026
Expansion in Pune and Thane
[1]The company acquired an approximately 8.5-acre parcel in Mahalunge, Pune, and announced an approximately 18-acre joint development agreement in Thane.
- 2025
Nagpur plotted township land acquisition
[1]Godrej Properties acquired approximately 75 acres in Nagpur for a plotted township project.
- 2024
₹6,000 crore qualified institutional placement
[1]The company completed a further qualified institutional placement in December 2024.
- 2021
Further institutional capital raising
[1]Godrej Properties raised ₹3,750 crore through another qualified institutional placement in March.
- 2019
Qualified institutional placement
[1]The company raised ₹2,100 crore through a qualified institutional placement.
- 2018
Private placement
[1]Godrej Properties raised ₹1,000 crore through a private placement in June 2018.
- 2012
Pirojsha Adi Godrej became Executive Chairman
[1]Pirojsha Adi Godrej assumed the Executive Chairman role and has led the company since that year.
- 2010
Initial public offering
[1]The company went public through an initial public offering and became listed on India’s Bombay Stock Exchange and National Stock Exchange.
- 1990
Godrej Properties established
[1]Godrej Properties was formed as the real estate development arm of the Godrej Group.
Products and positioning
A prominent, publicly listed Indian real estate developer using the Godrej Group identity across residential, commercial, and township projects in major urban markets.
Residential real estate
Residential developments
Residential development is a core part of Godrej Properties’ business. The company develops apartment communities and housing projects in major Indian urban markets, including the Mumbai Metropolitan Region, Delhi-NCR, Pune, Bengaluru, Hyderabad, and Ahmedabad. Projects are marketed under the Godrej Properties name and may be developed on owned land, acquired parcels, or through partnership and joint-development arrangements. Individual projects vary in scale, location, design, and delivery status.
Commercial real estate
Commercial and mixed-use developments
Godrej Properties also develops commercial and mixed-use real estate, particularly in major metropolitan markets. These projects extend the company’s activities beyond housing and can form part of larger urban districts or integrated developments. Godrej BKC and The Trees are examples associated with the company’s Mumbai portfolio. The available reference material does not provide a complete current inventory or detailed specifications for each commercial asset.
Township development
Township developments
Township development is another major category in the company’s portfolio. Township projects are larger planned developments that can include residential uses and other supporting components. Godrej Garden City in Ahmedabad and Godrej City in Panvel are cited examples. In 2025, the company also acquired approximately 75 acres in Nagpur for a plotted township project, extending this development format into another Indian market.
Commercial development
Godrej BKC
Godrej BKC is a Godrej Properties project in Mumbai’s Bandra Kurla Complex, a major business district. It represents the company’s participation in premium commercial development in the Mumbai Metropolitan Region. The reference identifies the project as part of the company’s portfolio but does not provide sufficient details here about its tenants, floor area, launch date, or present operating status.
Residential development
Planet Godrej
Planet Godrej is a residential project in the Mahalaxmi area of Mumbai. It is one of the named developments associated with Godrej Properties and illustrates the company’s focus on large urban housing projects in established Mumbai locations. The supplied material does not specify its launch, completion, architectural details, or current sales status.
Township development
Godrej Garden City
Godrej Garden City is a township development in Ahmedabad. It illustrates the company’s strategy of developing larger planned residential communities outside the Mumbai Metropolitan Region. The available reference names the project but does not provide detailed information about its phases, amenities, total area, construction schedule, or current status.
Township development
Godrej City, Panvel
Godrej City is a Godrej Properties development in Panvel, Maharashtra, within the wider Mumbai regional growth corridor. The project is identified as part of the company’s township portfolio. The supplied source does not provide enough detail to describe its individual phases, product mix, delivery schedule, or current sales position.
Mixed-use development
The Trees
The Trees is a Godrej Properties development in Mumbai and is cited as one of the company’s notable projects. It represents the company’s involvement in larger urban and mixed-use development formats. The available material does not establish a complete description of its uses, phases, construction history, or present operating status.
Brand decisions
2026
Mahalunge land acquisition and Thane joint development agreementM&ABackground
The company continued to expand through a combination of outright land purchases and partnership-based development agreements in the Pune and Mumbai metropolitan markets.
Action taken
Godrej Properties acquired an approximately 8.5-acre parcel in Mahalunge, Pune, and announced an approximately 18-acre joint development agreement in Thane.
Aftermath
Both transactions expanded the company’s pipeline in major western Indian growth markets; detailed project schedules and commercial terms were not provided.
2025
Nagpur plotted township expansionStrategyBackground
Godrej Properties sought to expand its development pipeline into Nagpur and into the plotted township segment.
Action taken
The company acquired approximately 75 acres of land in Nagpur for a plotted township project.
Aftermath
The acquisition added a sizable Nagpur project to the company’s future development pipeline.
2024
Qualified institutional placementOtherBackground
The company continued to use institutional capital markets to support its development pipeline and corporate growth.
Action taken
Godrej Properties raised ₹6,000 crore through a qualified institutional placement in December 2024.
Aftermath
The transaction increased the company’s available institutional capital, although the supplied material does not detail the allocation of proceeds.
Qualified institutional placement proceeds. ₹6,000 crore raised (December 2024)
2010
Public listing through an initial public offeringOtherBackground
The company sought public-market access as it expanded its real estate development activities.
Action taken
Godrej Properties completed an initial public offering and became listed on the Bombay Stock Exchange and National Stock Exchange.
Aftermath
The listing provided a public capital-markets platform for subsequent expansion and institutional fundraising.
IPO proceeds. Approximately US$100 million raised (2010)
Recent events
Reported
Godrej Properties reports September-quarter results[2]
Godrej Properties reported September-quarter net profit of ₹154 crore, down 62% from a year earlier, while revenue from operations grew 161.4% to ₹1,935.17 crore.
Reported
Godrej Properties announces H2 FY27 project launch pipeline[3]
Godrej Properties announced a project launch pipeline worth more than ₹32,000 crore for the second half of FY27; the projects are planned, not reported as already launched.
Reported
Godrej Properties acquires Yerwada Developers[4]
Godrej Properties acquired a 100% stake in Yerwada Developers, which became a wholly owned subsidiary with effect from 9 December 2021. The report says Godrej Properties will subsequently hold 20% in Yerwada Developers, with the balance held by a Godrej Group real estate investment fund.
- Unconfirmed
Reported
Godrej Properties acquires Ceear Lifespaces[5]
Godrej Properties acquired 100% of Ceear Lifespaces’ issued and paid-up share capital, making it a wholly owned subsidiary. Ceear Lifespaces will undertake construction and development of land in Thane.
Reported
Godrej Properties announced entry into the Faridabad market[6]
Godrej Properties announced its entry into the Faridabad market with a residential plotted development. The article described this as the company's first plotted development project within the National Capital Region.
Reported
Godrej Properties agrees to acquire Chandivali land[7]
Godrej Properties entered into an agreement with DIC India to buy three acres of land in Chandivali for ₹153 crore for a residential project. The deal was expected to close at March-end.
Sources7 sources
- 1Godrej Propertiesen.wikipedia.org
- 2Godrej Properties公布9月季度业绩livemint.com
- 3Godrej Properties公布FY27下半年项目推出计划business-standard.com
- 4Godrej Properties 收购 Yerwada Developersbusiness-standard.com
- 5Godrej Properties 收购 Ceear Lifespacesrealty.economictimes.indiatimes.com
- 6Godrej Properties宣布进入法里达巴德市场thehindubusinessline.com
- 7Godrej Properties 同意收购 Chandivali 土地thehindu.com
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