Godrej Properties > Company History > Construction & Contracting - Real Estate > Company History of Godrej Properties - BSE: 533150, NSE: GODREJPROP
Godrej Properties
BSE: 533150|NSE: GODREJPROP|ISIN: INE484J01027|SECTOR: Construction & Contracting - Real Estate
Oct 01, 16:01
-8.7 (-2.64%)
VOLUME 71,787
Oct 01, 16:01
-8.8 (-2.67%)
VOLUME 430,559
Company History - Godrej Properties
Our Company was originally incorporated as Sea Breeze Constructions
 Investments Private Limited on February 8, 1985 by Mr. Mohan
 Thakur and Mrs. Desiree Mohan Thakur. In the year 1987, we became a 
 part of the Godrej group and in the year 1989 we became a subsidiary
 Godrej Industries Limited (erstwhile Godrej Soaps Limited). 
 We are a real estate development company based in Mumbai, Maharashtra
 and have a presence in 10 cities in India. Currently, our business
 focuses on 
 residential, commercial and township developments. We are a fully
 real estate development company undertaking our projects through our
 team of professionals and by partnering with companies with domestic
 international operations.
 We signed up for our first project, Godrej Edenwoods, in Thane,
 Mumbai in 
 May 1991 and have since completed and delivered 23 projects
 approximately 5.13 million square feet in Mumbai, Pune and Bangalore.
 initially concentrated our real estate business in the Mumbai
 region and later expanded our operations to include other cities such
 as Pune, 
 Bangalore, Kolkata and Hyderabad. Recently, we have diversified into
 Mangalore, Chandigarh, Chennai and Kochi. Our current portfolio of
 391.04 acres 
 includes projects in 10 cities across India.
 There have been no injunctions or restraining order against the
 Key Events and Milestones
 Year      Key Events, Milestones and Achievements
 1989     Godrej Industries Limited (erstwhile Godrej Soaps Limited)
 forays into 
                 the real estate business
 1991     Signed MoU for our first project in Thane - Godrej
 1994     Completion of first residential building, Cypress (part of
 Godrej Edenwoods 
                 in Thane)
 1996      Awarded the ISO 9002: 1994 certification by Bureau Veritas
 1997      Completion of first commercial project at Bandra, Mumbai -
 1999      Launch of first project in Pune - Godrej Millennium
 2004      Godrej Woodsman Estate launched in Bangalore
 2005      Executed agreement for the first project in Kolkata -
 Godrej Waterside
 2006       Tied up with Rallis India Limited for first project in
                  Planet Godrej received the Pinnacle Award by Zee for
 the best 
                  upcoming real estate project in India
 2006       Planet Godrej received the ZEE Business Pinnacle Award for
                   upcoming project
 2007      Acquired 26.7 acres of land at B. T. Road, Kolkata
               Ranked among the top 10 construction companies in India
                  Construction World
 2008      Expansion into several cities across India including
                 Chandigarh, Kochi and Chennai.
 2008      Ranked one of India’s Top 10 Builders by Construction
 2009      Implemented SAP across all projects
 2009      Received award for Corporate Governance of the Year, 2008
                  Accommodation Times
 2009      Ranked 1st in the Construction & Real Estate category in
 India’s Best 
                 Companies to Work
               For 2009 awarded by The Great Place to Work® Institute,
 India, in 
                 partnership with The Economic Times.
 2009      Tied up with the Clinton Climate Initiative for our Godrej
 Garden City project in
 2009      Executed memorandum of understanding with Godrej Industries
 Limited to 
                 develop one of our Forthcoming Projects in Vikhroli,
 2009      Ranked one of India’s Top 10 Builders by the Construction
 World Architect & 
                 Builder Awards, 2009
 -Company has changed its name from Godrej Properties & Investments
 Ltd. to Godrej Properties Ltd.                                       
 - Godrej Properties Ltd has informed BSE that the Company has been
 selected as amongst India's top 10 Builders at the Construction World
 Architect and Builder Award ceremony held in Mumbai on August 20,
 - Godrej Properties Ltd has informed BSE that the Company is
 launching its residential project Godrej Avalon in Mangalore on
 August 28, 2010.
 - Godrej Group's real estate arm, Godrej Properties Ltd. is likely to
 start the redevelopment of its land in South Mumbai by this quarter.
 - Godrej Prop - Launched Residential Project in Gurgaon.
 - Godrej Properties Ltd has informed BSE that the Company has
 assigned all the rights and obligations of the Company under the
 Development Agreement entered with Magic Info Solutions Private
 Limited & Others dated August 05, 2011, to its subsidiary Godrej
 Premium Builders Private Limited, for developing the project located
 at Village Gurgaon, District Gurgaon in Residential Sector 104 of the
 Gurgaon-Manesar Urban Complex, Haryana.
 - Godrej Properties Ltd has informed BSE regarding a Press Release
 dated October 21, 2011 titled Godrej Properties enters into an
 agreement for a new residential project in Bengaluru.
 - Godrej Properties Ltd has informed BSE that the Company through its
 wholly owned subsidiary Godrej Buildcon Private Limited has signed a
 Development Agreement with JET AIRWAYS (INDIA) LIMITED for
 development of MMRDA leasehold land admeasuring 10309.58 sq. mtrs,
 situated at G-Block, Bandra-Kurla Complex, Bandra, Mumbai subject to
 conditions mentioned therein.
 - Godrej Properties Ltd has informed BSE regarding a Press Release
 dated December 07, 2011, titled, Godrej Properties Ltd signs MOU with
 ICICI Bank.
 - Godrej Properties Limited (GPL), the real estate development arm of
 the Godrej Group, has said in its filing to Bombay Stock Exchange
 (BSE) that it has entered into a Development Management Agreement
 with R.R. Builders to redevelop a MHADA property in Byculla, Mumbai,
 through its wholly owned subsidiary Godrej Projects Development
 Private Limited (GPDPL).
 - Godrej Group’s real estate development arm Godrej Properties
 Ltd today said that it has completed the sale of first phase of its
 residential project based in Gurgaon, named as Godrej Summit. 
 - Godrej Properties Ltd has informed BSE regarding a Press Release
 dated July 16, 2012 titled Godrej Properties to develop a major
 township project in Panvel, Mumbai.
 - Godrej Properties Ltd has informed BSE regarding a Press Release
 dated July 02, 2012, titled Godrej Properties creates a Rs. 770 Crore
 residential development platform with an APG-led global investor
 - Godrej Properties Ltd has informed BSE regarding a Press Release
 dated December 26, 2012 titled Godrej Properties to be development
 manager for a new redevelopment project in Mumbai.
 -Godrej Properties adds a large new project in Mumbai.
 -Godrej Properties adds a new project in NCR.
 -Godrej Properties adds a new project at a prime location in New
 -Godrej Properties announces a new redevelopment project in Malad,
 -Godrej Properties enters new joint venture project in Pune.
 -Godrej Properties increases the size of its Panvel project.
 -Godrej Properties launches Affordable Housing in Ahmedabad
 -Company has approved the scheme of amalgamation of two of its
 subsidiaries Godrej Developers Private Ltd with Godrej Projects
 Development Private Ltd.
 -Godrej Properties has announced  Rights in the Ratio of  8:29
 -Godrej Properties has splits its face value from Rs 10/- to 5/-
 -Godrej Properties launches Townhomes in Bengaluru.
 -Godrej Properties launches Godrej Oasis in Gurgaon.
 -Godrej Properties Lt d- Acquisition of shares of Godrej Buildwell
 Private Limited (GBPL) by Godrej Projects Development Pvt Ltd.
 -Godrej Properties inks agreement with Godrej & Boyce to develop a
 new project on the Eastern Express Highway, Vikhroli, Mumbai.
Source : Dion Global Solutions Limited
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