Godrej Properties Board Approves Amalgamation of Godrej Housing Projects Private Limited with the Company

Godrej Properties Board Approves Housing Subsidiary Amalgamation

On August 4, 2026, the Board of Directors approved the amalgamation of Godrej Housing Projects Private Limited with the company to optimize resources and reduce administrative expenses.

The Board approved a Scheme of Amalgamation to merge Godrej Housing Projects Private Limited (GHPPL), an indirect wholly-owned subsidiary, with the company. GHPPL is an unlisted company incorporated on August 03, 2026, formed from the conversion of Godrej Housing Projects LLP.

Ownership Structure and Scale

As of the announcement date, GPL holds 95% of GHPPL's paid-up equity share capital, with the remaining 5% held by Godrej Projects Development Limited (GPDL), a wholly-owned subsidiary of GPL. Consequently, GHPPL is an indirect wholly-owned subsidiary of GPL.

The subsidiary, which holds negligible financial weight with a net worth of ₹0.00 crore, will merge into the parent entity to enhance operational efficiency and reduce compliance burdens. No new shares will be issued.

Strategic Rationale

The Board has approved the amalgamation of its subsidiary, Godrej Housing Projects, to simplify corporate structures and streamline administrative costs. Both GHPPL and GPL are primarily engaged in the business of real estate development.

Simplification of entity structures through mergers allows large-scale corporate developers to optimize land acquisition and deployment strategies amid localized execution complexities.

Regulatory Path Forward

The amalgamation is subject to requisite approvals from the NCLT and other authorities. The amalgamation is subject to the requisite approvals from the jurisdictional bench of the National Company Law Tribunal (NCLT), as well as the approval of shareholders/creditors, the Central Government, and any other competent authority as directed by the NCLT.

Godrej Properties' Operational Context

Godrej Properties was established in 1990, giving it over three decades of real estate development experience backed by a conglomerate founded in 1897. In FY25, the company achieved its highest-ever pre-sales of ₹29,444 crore — the largest among all Indian developers — by selling 15,302 homes across 25.73 million sq. ft.

The company operates in 12 cities across India, including the Mumbai Metropolitan Region, Delhi-NCR, Pune, Bengaluru, and Hyderabad. As of September 30, 2025, GPL's portfolio comprises approximately 232 million square feet of saleable area across 114 active and upcoming projects.

The company employs 4,199 permanent staff as of March 31, 2025, supporting operations that prioritize sustainability and innovation in urban habitats.

Recent Corporate Activity

EHPL amalgamation into Godrej Properties became effective August 10, 2026; appointed date November 1, 2025. The August 4 approval of the GHPPL merger follows the earlier completion of the Embellish Houses Private Limited consolidation, indicating a pattern of subsidiary integration across the developer's structure.