Godrej Properties
About Godrej Properties
Godrej Properties Limited, established in 1990, is the real estate arm of the esteemed Godrej Group, a conglomerate with a rich legacy dating back to 1897. Headquartered in Mumbai, India, the company was founded by Adi Godrej and has since become a prominent player in the Indian real estate sector. Godrej Properties is publicly listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), reflecting its commitment to transparency and corporate governance. The company's vision centers on innovation, sustainability, and excellence, aiming to create spaces that foster community and enhance quality of life. By integrating cutting-edge design and technology, Godrej Properties strives to deliver superior residential and commercial developments across the nation.
Track Record
As of March 31, 2023, Godrej Properties boasts a robust portfolio with 92 active and upcoming projects, encompassing a combined saleable area of approximately 200 million square feet. The company has a significant presence in 12 cities across India, including Mumbai, Delhi-NCR, Bengaluru, Pune, and Chennai. In the fiscal year 2025, Godrej Properties achieved pre-sales of ₹29,444 crore, marking a substantial growth trajectory. The company delivered 18.4 million square feet during the same period and added 14 new projects, further solidifying its position as a leading developer in the country.
Notable Projects
| Project | City | Status | Price Range |
|---|---|---|---|
| Godrej BKC | Mumbai | Delivered | ₹5.5 Cr – ₹12 Cr |
| Planet Godrej | Mumbai | Delivered | ₹3.5 Cr – ₹7 Cr |
| Godrej Garden City | Ahmedabad | Ongoing | ₹45 L – ₹1.2 Cr |
| Godrej MSR City | Bengaluru | Ongoing | ₹1.5 Cr – ₹3 Cr |
| Godrej City Panvel | Mumbai | Ongoing | ₹70 L – ₹1.5 Cr |
| Godrej Sector 12 Noida | Noida | Upcoming | ₹2.55 Cr* |
| Godrej Riverine | Noida | Upcoming | ₹7.35 Cr* |
| Godrej Astra | Gurgaon | Upcoming | ₹10.43 Cr* |
| Godrej Miraya | Gurgaon | Upcoming | ₹14.5 Cr* Onwards |
| Godrej Plots Indore | Indore | Upcoming | ₹55.99 Lacs* Onwards |
Delivery & RERA Compliance
Godrej Properties has demonstrated a strong commitment to regulatory compliance and timely project delivery. The company ensures that all its projects are registered under the Real Estate (Regulation and Development) Act (RERA), providing transparency and accountability to homebuyers. While specific data on RERA complaints is not readily available, the company's proactive approach to compliance suggests a focus on customer satisfaction and adherence to legal standards. However, as with any large-scale developer, occasional delays may occur due to unforeseen circumstances. Prospective buyers are encouraged to review individual project details and consult RERA portals for the most current information.
Awards & Recognition
Godrej Properties has garnered over 400 awards and recognitions in recent years, underscoring its excellence in the real estate sector. Notable accolades include:
- Best Residential Developer – India at Euromoney’s Global Real Estate Awards 2023
- Joint Winner – Outstanding Companies, Real Estate Category at Asia Money Outstanding Company Poll 2023
- Winner – DEI Champion – LGBTQIA+, Non-Tech at Aon NASSCOM DEI Champions Award 2023
- Winner – CSR in Real Estate Category at Golden Peacock Award 2022
- Winner – Environmental & Social Initiatives – Infrastructure & Real Estate at KPMG ESG Conclave and Awards 2023
As of March 31, 2023, Godrej Properties had a market capitalization of ₹28,651 crore, reflecting its strong financial standing and investor confidence.
Builder Scorecard by RealtyPromoo
| Category | Score | Justification |
|---|---|---|
| On-Time Delivery | 4/5 | Consistent track record with occasional delays due to unforeseen circumstances. |
| Construction Quality | 4.5/5 | High-quality materials and innovative designs praised by homeowners. |
| Transparency | 4.5/5 | Strong adherence to RERA regulations and clear communication with buyers. |
| Value for Money | 4/5 | Competitive pricing relative to market standards and quality offered. |
| Customer Service | 4/5 | Responsive support with room for improvement in post-sale services. |
Why Choose Godrej Properties
Godrej Properties stands out for its commitment to quality construction, innovative design, and sustainable practices. The company's legacy of trust, backed by the Godrej Group, ensures reliability and excellence in every project. With a significant presence across major Indian cities, Godrej Properties offers a diverse portfolio catering to various customer needs. While the company maintains a strong on-time delivery record, prospective buyers should conduct due diligence on specific projects to ensure alignment with their expectations. Overall, Godrej Properties represents a blend of tradition and modernity, making it a compelling choice for discerning homebuyers.
Projects by Godrej Properties
Godrej Riverine
₹7.99 Cr - ₹9.70 Cr