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-3.7 (-0.63%)
-5.7 (-0.97%) | Company History - Godrej Properties | |
Our Company was originally incorporated as Sea Breeze Constructions
and
Investments Private Limited on February 8, 1985 by Mr. Mohan
Khubchand
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
of
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
integrated
real estate development company undertaking our projects through our
in-house
team of professionals and by partnering with companies with domestic
and
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
aggregating
approximately 5.13 million square feet in Mumbai, Pune and Bangalore.
We
initially concentrated our real estate business in the Mumbai
Metropolitan
region and later expanded our operations to include other cities such
as Pune,
Bangalore, Kolkata and Hyderabad. Recently, we have diversified into
Ahmedabad,
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
Company.
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
Edenwoods
1994 Completion of first residential building, Cypress (part of
Godrej Edenwoods
in Thane)
1996 Awarded the ISO 9002: 1994 certification by Bureau Veritas
Quality
International
1997 Completion of first commercial project at Bandra, Mumbai -
MGSM
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
Hyderabad
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
Best
upcoming project
2007 Acquired 26.7 acres of land at B. T. Road, Kolkata
Ranked among the top 10 construction companies in India
by
Construction World
2008 Expansion into several cities across India including
Ahmedabad,
Chandigarh, Kochi and Chennai.
2008 Ranked one of India’s Top 10 Builders by Construction
World
2009 Implemented SAP across all projects
2009 Received award for Corporate Governance of the Year, 2008
from
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
Ahmedabad.
2009 Executed memorandum of understanding with Godrej Industries
Limited to
develop one of our Forthcoming Projects in Vikhroli,
Mumbai
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.
2010
- 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,
2010.
- 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.
2011
- 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.
2012
- 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
consortium.
- 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. |
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| Source : Dion Global Solutions Limited | |
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