Godrej Group covers a variety of business portfolios, including real estate development, fast-moving consumer goods, advanced engineering, home appliances, furniture, security and agro-maintenance. While a large number of our businesses are privately held, the combined market share of our publicly listed entities is over 15 15 billion. With an annual revenue of 5 5 billion and an estimated 1.1 billion customers who consume one or another Godrej product daily, the second most trusted Indian brand, the Godrej Group is one of the most diverse and trusted groups in India.
The Godrej Group was founded in 1897 with the aim of promoting economic independence and excellence in pre-independence India. From fire safety to international competitors, from vegetable oil to the world’s first soap and ballot box, for India’s first general election, the group has a proud tradition of making meaningful products and building businesses that serve the country. Likes. We have always focused on people and the planet with profit. About 23% of the promoters of the Godrej Group are owned by charitable trusts working on environmental, educational and health issues in India. We are bringing together our focus and intention to make a difference through the shared values of our good and green policy to create a more employable Indian workforce, a green India and innovation for the ‘good’.
Godrej Properties brings the Godrej Group’s philosophy of innovation, sustainability and excellence to the real estate industry. Each Godrej Properties Development has a legacy of 123 years of excellence and trust and a commitment to cutting-edge design and technology.
In recent years, Godrej Properties has received more than 250 awards and accolades, including ‘The Most Trusted Real Estate Brand’ in 2019, the Brand Trust Report, the ‘Real Estate Company of the Year’ 9th Construction Week Awards 2019, ‘Equality and APREA Diversity Champion 2019 at the Property Leaders Awards, ‘The Economic Times Best Real Estate Brand 2018’ and ‘Builder of the Year’ at the CNBC-Awaaz Real Estate Awards 2018.
Over the years our projects have ranked many first in the Indian real estate market. Planet Godrej, a skyscraper in Mumbai, was the tallest building in India when completed in 2008. Became the first project to provide fire escape to the residents of the country by focusing on safety and well-being of the customers. Our Commercial Office Project, Godrej BKC, is the only LEED (Leadership in Energy and Environmental Design) Platinum rated building in the Bandra Kurla Complex, India’s leading commercial district, demonstrating Godrej Properties’ commitment to environmental sustainability. This is a project where we broke the record of the most commercial end-user sales transaction in India when a large multinational pharmaceutical company bought space in the project in 2015 for Rs 1,479 crore. Our flagship project, The Trees, is the largest sustainable planned mixed-use project in India which we hope will contribute to the evolution of urban design ideas in the country. In the six months since the project was launched in 2015, we have sold more than Rs 1,200 crore, making it one of the most successful residential project launches in the country.
With an estimated 10 million Indians moving to urban areas every year, the country’s urban landscape is likely to change dramatically in the coming decades. We firmly believe that India should seize the opportunity of sustainable urbanization. Our group has always been at the forefront of the environmental sustainability movement. The CII-Godrej Green Building Center in Hyderabad, when completed in 2004, was the first LEED Platinum building outside the United States and the highest quality LEED building in the world. In 2010, Godrej Properties promised that every project we developed would be a certified green building. Many of our projects have received LEED Platinum certifications, known globally as the leading sustainability recognition. Our large township project, Godrej Garden City in Ahmedabad, has been selected by the Clinton Foundation as a partner in achieving climate positive development as one of only 2 projects in India and 16 in the world. In 2016, we ranked 2nd in Asia and 5th in the world in the GRESB (Global Real Estate Sustainability Benchmarking) study, an industry-led sustainability and governance benchmarking platform.
In 2010, Godrej Properties became a publicly listed company through a successful IPO in which it raised 100 100 million. Godrej Properties also formed a fund management subsidiary in 2016; Godrej Fund management raised 27 275 million in the country’s largest residential real estate-focused fund. We are one of the only national developers in India with a strong presence in the major real estate markets in the country. In FY16, for the first time, Godrej Properties was the largest publicly listed real estate developer in India, with a sale value of more than Rs 5,000 crore that year. In the same year, we distributed 0.56 million square meters (6 million square feet) of real estate in seven cities in India.
We believe that only the people working at Godrej Properties allow us to build a great company with talent, dynamism and inspiration. Recognizing our people and practices, Godrej Properties has been ranked among the real estate developers and top fifty companies four times in a row by the Great Places to Work Institute in partnership with the Economic Times.
Godrej Properties has received more than 200 awards and accolades in recent years.
Express computers under the Enterprise Mobility category
Developer of the Year
Golden Brix Awards 2016 – 17
Top Builders of India Award
CWAB Awards 2017
Real Estate Company of the Year 2017
Golden Peacock National Quality Award – 2017
27th World Congress of India on Institute of Directors Business Excellence and Innovation
Best Developer of 2017
Construction Times Builders Award 2017
Best for management and board responsibilities in India
Asia Mini Corporate Governance Poll
Developer of the Year – Resident
ABP News Real Estate Awards 2017
IFC Mint Award in Construction, Real Estate and Steel
5th Porter Award
Premium real estate company of the year
Corporate Livewire – Innovation and Excellence Awards 2017
GRESB (Global Real Estate Sustainability Benchmark)
Ranked 2nd in Asia and 5th globally by GRESB (Global Real Estate Sustainability Benchmark)