Godrej Properties is a reputed real estate company established in 1990, with its head office located in Mumbai. It was the first real estate company in India to receive the ISO certification. The company is part of the Godrej Group, one of the country’s leading conglomerates under the leadership of Adi Godrej.
Godrej Properties is known for its innovation in the real estate industry. The company has developed retail, commercial, IT, and residential projects in India as well as international markets like Singapore and Dubai. Currently, they are developing over 18.5 million square meters across 13 major Indian cities, including:
Nagpur
Mumbai
Pune
Hyderabad
Mangalore
Chandigarh
Gurgaon
Ahmedabad
Kolkata
Noida
Bengaluru
Chennai
Kochi
Early Years
Godrej Properties was founded in 1990 by Ardeshir Godrej, a lawyer-turned-businessman who eventually found success with the Godrej lock business. The Godrej family, a Gujarati Parsi lineage, has managed the company since its inception.
Expansion
Godrej has over 1.1 billion buyers across real estate and consumer goods worldwide. The company is rapidly expanding, with total revenue reaching $6 billion. As of May 31, 2025, the market capitalization is ₹64,072.57 Crores, placing it in the Large-Cap category. In FY 2024, the company posted a revenue of ₹1,949.62 Crores. Its current PE ratio is 63.37. The ROCE stands at 6.0% (median 6.2%), with a high of 6.5% in March 2023. The latest EBIT is ₹1,830.24 Crores, surpassing the five-year average of ₹1,329.39 Crores.
Milestones
1990 - Entered the real estate sector
1991 - Signed memo for first project
1994 - Completed first housing project in Thane
1997 - Delivered first commercial project in Mumbai
1999 - Launched first project in Pune
2007 - Ranked among India’s top 10 companies by Construction World
2010 - Became a publicly listed company
2017 - Partnered with Taj Hotels to develop a premium Taj brand hotel
2019 - Leased 2 lakh sq. ft. office space to A.P. Moller at Godrej Two, Mumbai
2021 - Recorded ₹575 Crores in sales in a single day at Godrej Woods launch in Noida
2022 - Entered Golf Course Road Extension in Gurugram
2023 - Emerged as highest bidder in a major land deal
2024 - Acquired 4 acres in Bangalore with a ₹1,000 Crore revenue estimate
2025 - Acquired 100% equity in Pearlshine Home Developers Pvt. Ltd.
January 13, 2025 – Launched Godrej Madison Avenue, its first premium project in Kokapet, Hyderabad
January 10, 2025 – Acquired 24 acres of land in Indore with a saleable area of 6.2 lakh sq. ft.
Q4 FY25 – Achieved record bookings and topped FY25 sales charts
Godrej Properties and Titan listed among top 5 stocks projected to yield 13% to 40% returns within 12 months
Announced plans for a large township project in Bengaluru with ₹5,000 Crore in expected bookings
The company forecasts steady growth, with projected annual earnings growth of 0.4% and revenue growth of 0.3%.
Godrej Properties is owned by Adi Godrej and his brothers Jamshyd and Nadir Godrej. The company’s current CEO is Gaurav Pandey, and the Director is Sutapa Banerjee.
2025 – Godrej MSR City, Bangalore: Best Property of the Year
2023 – Best Real Estate Brand at Economic Times Awards
2022 – Green Champion Award from India Green Building Council
2021 – Developer of the Year Award
2020 – Best Sustainable Development Award
2019 – Most Trusted Real Estate Brand at CNBC-AWAAZ Awards
2018 – Best Design Project (Godrej One) at NDTV Property Awards
2017 – Green Builder of the Year
2016 – Golden Bricks Award
2015 – Respected Real Estate Company Award
2014 – Best Property of the Year
2013 – Best Project for “Godrej Platinum”
2012 – Best Developer of the Year from ET Now Global Real Estate Awards
The Godrej Properties logo is designed in a striking purple color, symbolizing innovation, sustainability, and confidence. It reflects the company’s strong legacy and modern outlook in the real estate sector.
The current share price as of May 31, 2025, is ₹2,235.70. The estimated target is ₹2,457, suggesting a potential upside of 9.7%.
In 2025, Godrej Properties entered the Hyderabad market with their first launch, “Godrej Madison Avenue”.
Godrej Madison Avenue – Located in Kokapet, West Hyderabad. Spread over 3 acres with 452 apartment units. Launch in 2025.
Godrej Regal Pavilion – Located in Rajendra Nagar, South Hyderabad. Covers 13 acres with over 2000 flats. Launch expected in June 2025.