Godrej Properties Owner
Godrej Properties' owner is Adi Godrej. Godrej Properties is the real estate arm of Godrej Group, which is a 126 year old consumer goods giant.
The key leadership positions include
- Nadir Godrej - Director (Non-Executive)
- Adi Godrej - Chairman
- Pirojsha Godrej - Executive Chairperson
- Gaurav Pandey - MD & CEO
- Saurabh Mohindru - Chief Legal Officer
- Rahul Dedhia - Head of Business Development
Independent Directors
- Sutapa Banerjee
- Indu Bhushan
- Jayashree Vaidyanathan
- Sumeet Narang
Godrej Properties owner net worth is US$3.8 billion. Godrej Properties reported a revenue of ₹30.39 billion in FY23, which is a 17.5% increase compared to FY22. In the year 2024, the Godrej family restructured its businesses and formed two entities,
- Godrej Enterprises Group
- Godrej Industries Group
The first project done by Godrej Properties was Godrej Edenwoods in Thane, Mumbai, in 1991. Now, they have completed 23 projects spanning over 5.13 million sq ft in Pune, Mumbai, & Bangalore. They still have 17 ongoing projects across major cities in India.
They have a joint venture with Lahari Music Group to develop 17 acres of land in Bangalore. The possibility of extending the expansion is up to 24 acres. The company has acquired 10 land areas in FY24 to build Rs 21,220 crore worth of projects. They have given an annual guidance of Rs 20,000 crores for the fiscal year under the new business.
Godrej Properties' recent launch in Bangalore, Godrej Tiara, is an apartment project over a big area of 5 acres. The project hosts 350 premium units of 3, 3.5, and 4.5 BHK flats. The size range of the flats is between 2200 sq. ft. to 3000 sq. ft. The project has 3 towers, each with 29 floors. The price of the flat ranges from Rs. 3.49 Crores to 5.31 Crores. Investing in this recent launch in Bangalore is the best option to get high returns with good ROI in the future.
