GODREJ VERDANIA ESTATE

Godrej Properties was established in 1990 as the real estate development arm of the Godrej Group, an Indian conglomerate founded in 1897 by Ardeshir Godrej. Headquartered in Mumbai, the company is a subsidiary of Godrej Industries Group and is listed on both the BSE and NSE following its 2010 initial public offering, which raised approximately USD 100 million. Since 2012, it has been led by Executive Chairman Pirojsha Adi Godrej, with Gaurav Pandey serving as Managing Director and CEO. As of FY25, the company employs around 2,391 people and reported pre-sales of ₹29,444 crore.

The approach centres on design rigour, on-time delivery and sustainability. Every project launched since 2010 has been a certified green building, and Godrej Properties has ranked among the top listed residential developers globally on the GRESB sustainability benchmark, including the number-one position in 2020, 2021 and 2022. The company was an early adopter of ISO 9002 certification, awarded by Bureau Veritas in 1996, and is a founding partner of the Sustainable Housing Leadership Consortium. Projects are executed through an in-house team supported by collaborations with international design firms.

The portfolio covers residential, commercial, township and plotted developments across 12 cities, including the Mumbai Metropolitan Region, Pune, Bengaluru, Delhi-NCR, Gurugram, Noida, Hyderabad, Chennai, Kolkata, Ahmedabad, Nagpur and Kochi. The first project, Godrej Edenwoods at Thane, was signed in 1991, with the Cypress building delivered in 1994. Recent launches include Godrej MSR City, a 62-acre township in Shettigere near Bengaluru's Kempegowda International Airport, Godrej Madison Avenue in Kokapet, Hyderabad, and Godrej Astra on Gurugram's Golf Course Road, which recorded sales of around ₹1,000 crore at launch.

Ownership remains anchored in the Godrej family through the promoter group, which holds approximately 46.7 percent of the company. Roughly 23 percent of the broader Godrej Group's promoter holding sits in trusts that fund environment, health and education initiatives, reflecting a long-standing philosophy of patient, stewardship-led capital. The group has roots in the Swadeshi movement and today serves consumers across more than 1.1 billion touchpoints worldwide. For Godrej Properties, this lineage translates into long-cycle land acquisition, conservative balance-sheet management and a commitment to delivering communities that retain value over decades rather than market cycles.