Godrej Properties Files for NCLT Approval of Amalgamation with Embellish Houses Private Limited
NCLT Hearing Set for Amalgamation Scheme
Godrej Properties Limited has announced an NCLT hearing scheduled for April 30, 2026, regarding the proposed amalgamation scheme with Embellish Houses Private Limited. The hearing follows a March 12, 2026 order from NCLT Mumbai bench, with the company fulfilling regulatory compliance by publishing newspaper advertisements in Business Standard and Navshakti.
Corporate Restructuring and Rationale
The Transferor Company is a wholly owned subsidiary of the Transferee Company. The three main reasons for this move are the simplification of the group's structure, the enhancement of the group's operational efficiency, and the consolidation of the group's real estate business under a single entity.
Embellish Houses has a paid-up capital and net worth of just ₹3.66 lakh each, and it has not generated any revenue. Embellish Houses is a company that was converted from Embellish Houses LLP to a private limited company on October 31, 2025. EMBELLISH HOUSES LLP is a Limited Liability Partnership company and was incorporated on Feb 06, 2019 in India.
Operational and Strategic Benefits
The amalgamation will consolidate Godrej's real estate operations, fully leveraging business synergies, simplify the corporate structure by reducing the number of subsidiaries, and enhance administrative and resource efficiency. Additionally, it will lower compliance obligations, eliminate duplicate financial processes, and streamline coordination and record-keeping across entities.
As Embellish Houses is a wholly owned subsidiary, no new shares will be issued to shareholders. Consequently, the merger will not affect the existing shareholding pattern of Godrej Properties.
About Godrej Properties
Godrej Properties was established in 1990 as the real estate development arm of the Godrej Group, a diversified Indian conglomerate founded in 1897. The company combines a 129-year legacy of trust and excellence with a forward-looking vision to shape the future of urban India.
Over 100,000 families have found a home with Godrej Properties, making it India's largest residential developer by both value and volume of homes sold. The company operates across India and maintains its headquarters in Mumbai.
In FY2026, the company achieved record booking value of ₹34,171 crore, added 18 new projects worth ₹42,100 crore future sales potential, and delivered 12.1 million sq. ft. across 9 cities.