September - 2014 - Special issue > Company of the Year - Residential Project (Real Estate)

Godrej Properties: The Trusted Name to Depend Upon

Anamika Sahu
Wednesday, October 8, 2014
Anamika Sahu
Godrej Properties (GPL) brings the Godrej Group philosophy of innovation and excellence to the real estate industry. Each of their development combines a 117-year legacy of excellence and trust with a commitment to cutting-edge design and technology. GPL currently develops residential, commercial and township projects spread across 102 million square feet in 12 cities.

GPL has always embraced the notion that collaboration is the essence of excellence. To that end, they work with the best designers, architects and contractors within India and around the globe to deliver imaginative and sustainable spaces. By bringing together the best talent in the global real estate sector, Godrej Properties works to create developments that will last into the future, and foresee the needs of each and every resident.

GPL embarked on this journey in 1990 and since then has grown considerably in revenue, profitability and scale. As a corporate real estate company, GPL has often questioned status quo in the industry, which has enabled them to do things differently across their processes, for both people as well as products. Over the years, GPL has leveraged their robust capabilities in creating a professionally run organization to develop and deploy their asset light model together with capital raising and development expertise across several projects. These advantages come with the responsibility to deliver on high expectations, staying ahead of the curve and finally to contribute meaningfully in enhancing the Godrej mother brand for their customers.

Another distinction is their focus on sustainable development over decades. Even before sustainability and green building concepts became industry buzzwords, Godrej had already built a reputation for their commitment to environmental causes. In 2004, when the CII Godrej Green Business Center was inaugurated, it was the single highest LEED platinum-rated building in the world.

As a company, GPL has a diversified portfolio spanning across cities and segments including residential, commercial and township projects. They will soon add hospitality and retail to this list with one of their most ambitious project - 'The Trees' in Vikhroli. The Trees will house premium office space, residential towers, high-street retail and five star hospitality - all centered around a large landscaped park.

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