Godrej Properties Limited

Godrej Properties Limited is a real estate company with its head office in Mumbai, India.[5]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.[6] Currently, Godrej Properties Limited(GPL) is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).[7]

Godrej Properties Limited
TypePublic
IndustryReal estate
Founded1 January 1990 (1990-01-01)[1]
FounderAdi Godrej[1]
Headquarters,
India
Number of locations
10[1]
Area served
India
Key people
Adi Godrej (Chairman, Godrej Group)
Pirojsha Godrej(managing director)
ProductsResidential buildings
Commercial complex
Township
Revenue1,733 crore (US$240 million)[2]
303.89 crore (US$43 million)[3]
124.25 crore (US$17 million)[3]
Total assets5,615.48 crore (US$790 million)[3]
OwnerAdi Godrej
Number of employees
248 (as of 2011)[4]
ParentGodrej Industries Ltd
Websitewww.godrejproperties.com

Geographies Covered

It is operational in 12 major cities across India including Chandigarh, Gurgaon, Ahmedabad, Kolkata, Nagpur, Mumbai, Pune, Hyderabad, Mangalore, Noida, Bengaluru, Chennai and Kochi.[8][9][10]

History

Godrej Properties Limited was founded as Sea Breeze Constructions and Investments Private Limited[11] on 8 February 1985. 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.

See also

References

  1. "Profile". Godrej Properties. Retrieved 31 January 2012.
  2. "Godrej Properties". The Hindu Business line. Retrieved 5 June 2017.
  3. "Annual report 2016".
  4. "Annual report 10-11" (PDF). Godrej Properties. Retrieved 18 December 2017.
  5. "Godrej Properties rises 2% as Deutsche Bank sees 49% upside". Moneycontrol. Retrieved 28 November 2018.
  6. Project Span
  7. "Stock Share Price godrej properties | Get Quote godrej properties | BSE". www.bseindia.com. Retrieved 28 November 2018.
  8. Company History
  9. Godrej Properties City-Wise
  10. "Buy Godrej Properties, target Rs 650: Manas Jaiswal". The Economic Times. 21 November 2018. Retrieved 28 November 2018.
  11. Sea Breeze Constructions and Investments Private Limited

Official website

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