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Company overview

Full name
Godrej Properties Ltd
BSE: GODREJPROP · NSE: GODREJPROP
MD/CEO
Gaurav Pandey
MD & CEO · Godrej Group background
Founded
1990
Mumbai · Godrej Group real estate arm
Headquarters
Mumbai (Vikhroli)
Godrej One campus
Listed
Yes — BSE & NSE
Institutional: LIC, SBI MF, HDFC MF
Key markets
MUM · NCR · PUN · BLR
Expanding to Hyderabad, Chennai
ℹ️
PropIQ research note

Godrej Properties has delivered FY24 pre-sales of ₹22,500 Cr — the highest ever by any Indian developer. The Godrej brand commands a genuine premium across all markets it operates in. RERA compliance is strong and delivery track record post-2020 has significantly improved from the 2015-2019 period.

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All projects — city-wise

Projects sourced from RERA portals, 99acres, MagicBricks and official website. Verify RERA before booking.

Mumbai MMR

Godrej Reserve
📍 Kandivali East
3/4 BHK
₹3.5–₹7 Cr
RERA · Ongoing
Godrej Evoke
📍 Vikhroli
2/3 BHK
₹1.8–₹3.2 Cr
OC Received
Godrej Zenith
📍 Kharghar, Navi Mumbai
2/3 BHK
₹1.2–₹2.1 Cr
OC Received

NCR

Godrej Tropical Isle
📍 Sector 146, Noida
3/4 BHK
₹2.2–₹4.5 Cr
RERA · Ongoing
Godrej Meridien
📍 Sector 106, Gurugram
3/4 BHK Luxury
₹3.5–₹6 Cr
OC Received
Godrej Woods
📍 Sector 43, Noida
3 BHK
₹1.8–₹3.2 Cr
OC Received
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Company history & milestones

1990
Godrej Properties incorporated as real estate arm of Godrej Group
2004
First Pune project. Expanded beyond Mumbai for the first time
2010
Listed on BSE and NSE. Raised ₹500 Cr for pan-India expansion
2017
NCR and Bengaluru entry at scale. Land acquisition strategy refined
2022
Pre-sales crossed ₹10,000 Cr for first time. Delivery pace accelerated
2024
FY24 pre-sales ₹22,500 Cr — industry record. ₹2 lakh Cr pipeline announced
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PropIQ scorecard — 6 dimensions

Delivery track record
7.5
7.5/10
Improved post-2020

Post-2020 delivery has significantly improved. 2015-2019 period had some delays. Assess each project individually.

Construction quality
8.0
8.0/10
Good

Construction quality is consistently good. Godrej brand does not compromise on finishes. Specifications delivered as promised.

Financial stability
8.3
8.3/10
Strong

BSE/NSE listed. FY24 pre-sales ₹22,500 Cr industry record. Godrej Group backing ensures no financial default risk.

Buyer experience
7.5
7.5/10
Good

Strong CRM. Communication has improved. Some complaints on pre-possession snagging resolution timelines.

RERA compliance
8.0
8.0/10
Good

All projects RERA registered. Good compliance record. No major RERA orders. Listed entity governance helps.

Pricing vs value
7.3
7.3/10
Fair

10-15% brand premium. Justified by Godrej name trust but comparable quality available cheaper from smaller developers.

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Financials & funding

💡
Financial snapshot

BSE/NSE listed. FY24 pre-sales ₹22,500 Cr — India's highest ever by any developer. Collections ₹14,000 Cr. Net debt manageable at ₹4,500 Cr vs ₹22,500 Cr pre-sales. Godrej Group (net worth ₹1+ lakh Cr) provides implicit financial guarantee.

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Buyer sentiment analysis

Based on online reviews, forum feedback and buyer surveys across Godrej projects in Mumbai, NCR and Pune.

Would recommend
84%
🏗️
Construction quality
86%
📅
On-time possession
74%
🔧
Post-possession support
78%
⚖️

Pros & cons

✅ What works in their favour
  • +
    ₹22,500 Cr FY24 pre-sales — industry recordMarket confidence at unprecedented level. Cash collection means projects are funded.
  • +
    Godrej Group 125-year brand trustInstitutional-grade credibility. Godrej name is a safety signal that no private developer can match.
  • +
    Listed with full SEBI disclosureQuarterly results, SEBI filings, institutional investor oversight — maximum financial transparency.
  • +
    Pan-India — 4 major marketsMumbai, NCR, Pune, Bengaluru. Widest project choice among premium developers.
⚠️ What to watch out for
  • Brand premium pricing10-15% above comparable projects in same micro-market. You pay for the Godrej name.
  • Pre-2020 delivery inconsistency2015-2019 period had delays in NCR and Pune. Research specific project before booking legacy projects.
  • Snagging resolution timelinesCommon complaint: punch-list items take longer to resolve than expected for a brand at this price point.
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PropIQ verdict

7.9
★★★★☆
PropIQ rating / 10
Strong brand — buy with post-2020 project filter applied

Godrej Properties is a safe choice in pan-India real estate backed by India's most trusted conglomerate. FY24 pre-sales of ₹22,500 Cr signals extraordinary market confidence. For buyers in Mumbai, NCR, Pune or Bengaluru — always check project launch year (post-2020 is significantly safer) and verify RERA status before booking. The brand premium is real but so is the peace of mind it buys.

✅ Listed entity 🏆 Record pre-sales 📈 Pan-India ⚠️ Post-2020 only