Godrej Properties Limited

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Godrej Properties
Public company
BSE533150
NSEGODREJPROP
Industry Real estate
Founded 1 January 1990 (1990-01-01)[1]
Founder Adi Godrej[1]
Headquarters Mumbai, India
Number of locations
10[1]
Area served
India
Key people
Adi Godrej (Chairman, Godrej Group)
Pirojsha Godrej(managing director)
Products Residential buildings
Commercial complex
Township
Revenue Increase1,733 crore (US$240 million)[2]
Increase303.89 crore (US$42 million)[3]
Increase124.25 crore (US$17 million)[3]
Total assets Increase5,615.48 crore (US$780 million)[3]
Owner Adi Godrej
Number of employees
248 (as of 2011)[4]
Parent Godrej Industries Ltd
Website www.godrejproperties.com

Godrej Properties Limited is a real estate company with its head office in Mumbai, India. A subsidiary of Godrej Industries Ltd, the company was established in 1990 under the leadership of Adi Godrej.[1] The company is currently developing projects that are estimated to cover more than 89.7 million square feet.[5] It is operational in 12 major cities across India including Chandigarh, Gurgaon, Ahmedabad, Kolkata, Nagpur, Mumbai, Pune, Hyderabad, Mangalore, Bengaluru, Chennai and Kochi.[6][7]

History[edit]

Background[edit]

Godrej Properties Limited was founded as Sea Breeze Constructions and Investments Private Limited[8] on 8 February 1985. It was registered under the Companies Act, 1986 with the Registrar of Companies in Mumbai. In accordance with a special resolution of the shareholders in the year 1990, the company’s name was changed to Godrej Properties and Investments Private Limited. Subsequently, the name of the company was changed to Godrej Properties and Investments Limited and finally, to Godrej Properties Limited at a general meeting on 23 November 2004. Currently, Godrej Properties Limited(GPL) is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

The company undertakes their projects through the in-house team and by partnering with companies operational in the domestic and international market.

Established in 1990, they are one of the real estate development companies in India and are based in Mumbai, Maharashtra. They have real estate development projects in 12 cities across India. Currently, the business focuses on residential, commercial and township developments. They undertake the projects through in-house teams and by partnering with companies with domestic and international operations.

See also[edit]

References[edit]

  1. ^ a b c d "Profile". Godrej Properties. Retrieved 31 January 2012.
  2. ^ "Godrej Properties". The Hindu Business line. Retrieved 5 June 2017.
  3. ^ a b c "Annual report 2016".
  4. ^ "Annual report 10-11" (PDF). Godrej Properties. Retrieved 18 December 2017.
  5. ^ Project Span
  6. ^ Company History
  7. ^ Godrej Properties City-Wise
  8. ^ Sea Breeze Constructions and Investments Private Limited