Godrej Properties

What Godrej Properties does

Godrej Properties Limited (NSE: GODREJPROP) is India's largest listed residential real estate developer by booking value for three consecutive years through FY26, operating as the real estate arm of the 129-year-old Godrej Industries Group. Founded in 1990 and headquartered in Mumbai, the company develops and sells residential apartments, plotted developments, and select commercial properties across 15+ Indian cities, with 21.7 million square meters of cumulative development and 12.1 million square feet delivered in FY26 alone.

The company runs an asset-light, project-based development model on owned and joint-development land banks. It positions itself across four customer segments: premium and luxury home buyers in Mumbai, NCR, and Bengaluru; mid-income and upper-mid-income families in emerging urban corridors; Tier 2/3 city home buyers (Raipur, Nagpur, Coimbatore, Kurukshetra); and non-resident Indians served via an international property-fest circuit across 20+ global cities. Pricing is quote-based, ranging from approximately Rs 61 lakh plotted units to Rs 69 crore ultra-luxury apartments, with the company emphasizing quality, location, and branded-developer trust.

Technically, Godrej Properties positions "Kaizen AI Optimization" alongside BIM, digital twins, IoT, and cloud construction management to compress build area by nearly 20% and save approximately Rs 400 crore per project. Revenue is recognized on a one-time license basis at project handover under Ind AS, with FY26 total income of Rs 8,410.88 crore, FY26 net profit of Rs 1,850.20 crore, and FY26 booking value of Rs 34,171 crore (16% YoY growth on a 41% three-year CAGR); FY27 pre-sales guidance is Rs 39,000 crore.

Name

Godrej Properties

Legal name

Godrej Properties Limited

Website

https://godrejproperties.com

Company type

Public

Founded year

1990

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Godrej Properties Limited is India's largest listed residential real estate developer by booking value, developing premium, mid-income, plotted, and ultra-luxury homes across 15+ cities for end-buyers, NRIs, and Tier 2/3 city customers under the Godrej Group brand.

Ownership category

akta.pro rank

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Revenue model

1. Residential Property Development and Sales: Godrej Properties generates revenue primarily through the development and sale of residential real estate including apartments, plotted developments, and luxury villas. The company follows a project-based model where revenue is recognized upon project completion and handover. FY26 booking value was Rs 34,171 crore, making it India's largest listed residential developer by booking value for the third consecutive year. FY27 guidance targets Rs 39,000 crore in pre-sales.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Godrej Properties is a real estate developer that designs, builds, markets, and sells residential apartments, plotted developments, and commercial properties across 15+ Indian cities. Its portfolio spans ultra-luxury, premium, and mid-income residential segments priced from ~Rs 61 lakhs for plots to over Rs 15 crore for ultra-luxury apartments, with branded sub-products such as The Trees, Godrej Vanantara, Godrej Astra, Godrej BKC, and Godrej Parkland Estate. The company generates revenue through one-time property sales, with FY26 booking value of Rs 34,171 crore and total income of Rs 8,410.88 crore.

Product overview

Godrej Properties operates as India's largest listed residential real estate developer by booking value, offering a diversified portfolio of residential apartments, commercial projects, and plotted developments across 15+ cities. The residential portfolio spans multiple sub-brands targeting different market segments: ultra-luxury projects (The Trees, Godrej RKS, Godrej Astra, Godrej Sora, Godrej Samaris), premium communities (Godrej Nest, Godrej Golf Links, Godrej Vanantara, Godrej IHP, Godrej Aveline), mid-segment housing (Godrej Ascend, Godrej Tropical Isle, Godrej Bliss, Godrej Aqua), and plotted developments (Godrej Parkland Estate, Godrej Plots Nagpur, Godrej Plots Raipur, Godrej Plots Coimbatore). Commercial offerings include IT parks, retail complexes, and office spaces under brands like Godrej One, Godrej BKC, Godrej Eternia, and Godrej Genesis. The company also runs NRI-focused property exhibition events (NRI Property Fest) and signature handover programs (Shubh Aarambh) to support sales and customer experience.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Saved approximately Rs 400 crore on a single project through AI-driven optimization
• +4 more outcomes

Named customers5 records

Segments4 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature2 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Tata ProjectscoreImplementation/ SI/ Consulting Partner · 25 May 2026Godrej Properties awarded Tata Projects its largest-ever single construction contract worth approximately Rs 1,100 crore for three luxury residential developments — Godrej Sora, Godrej Astra, and Godrej Samaris — all located along Golf Course Road in Gurugram. The contract covers core and shell construction works. This is the first-ever partnership between the two major Indian corporate groups. Tata Projects brings experience delivering landmark infrastructure including the New Parliament Building, Noida International Airport, and Atal Setu in Mumbai. The collaboration aims to enhance delivery timelines and construction quality for these premium projects priced at Rs 11-15.2 crore.
• Banke International PropertiesminorChannel Partner/ Reseller/ DistributorBanke International Properties entered AOP (Alliance Operating Partner) model partnerships with Godrej Properties covering projects with inventory valuation of approximately Rs 10,000 crore across the Mumbai Metropolitan Region. The partnership spans residential projects across western suburbs, Thane, and growth corridors. Banke International expects these partnerships to contribute approximately Rs 500 crore in sales during FY26 toward its corporate sales target of Rs 1,000 crore.

Scale indicators16 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Oberoi Realty: Premium residential developer focused on Mumbai, with similar luxury positioning to Godrej Properties. Both target HNI/ultra-HNI buyers in Mumbai's premium micro-markets (Worli, Bandra, etc.) and pursue brand-led differentiation in luxury housing.
• Brigade Enterprises: South India-focused listed residential developer with strong Bengaluru presence - directly competing with Godrej in Bengaluru launches. Both pursue premium residential and plotted development strategies across multiple Indian cities.
• Macrotech Developers (Lodha): One of India's largest residential developers by sales, with strong Mumbai/MMR presence overlapping with Godrej's home market. Both listed developers compete in Mumbai's premium residential market and have aggressive land acquisition strategies.
• Prestige Estates Projects: Pan-India residential and commercial developer with strong presence in South India (Bengaluru, Hyderabad, Chennai) - directly overlapping with Godrej's key markets. Both listed developers pursue premium/luxury positioning across multiple Indian cities.
• DLF Limited: India's largest real estate developer by market cap and a direct competitor across residential, commercial, and plotted developments. DLF competes head-to-head with Godrej in premium/luxury segments in NCR and other major metros, with similar scale and listed status.
• Mahindra Lifespace Developers: Listed Indian residential developer under the Mahindra Group, with pan-India presence and similar brand-backed premium positioning. Competes with Godrej in mid-to-premium residential segments across major Indian cities.
• Sobha Limited: Listed Indian residential developer with pan-India presence and focus on backward integration (in-house construction). Competes with Godrej in mid-to-premium segments across Bengaluru, NCR, and other metros.

Broad incumbents

• Phoenix Mills: Listed Indian real estate company primarily focused on retail-led mixed-use developments (High Street Phoenix, Phoenix MarketCity). Operates in adjacent real estate categories with brand-led positioning but focuses more on commercial/retail than pure residential.
• Tata Housing: Residential real estate arm of the Tata Group, with strong brand equity comparable to Godrej's parent-group brand advantage. Now also a construction partner (Tata Projects) for Godrej's luxury Gurugram projects, while competing in premium segments across India.

Regional players

• L&T Realty: Real estate arm of Larsen & Toubro, with pan-India residential development focus. Competes with Godrej in premium segments across MMR, Bengaluru, and other metros, leveraging engineering/construction strengths similar to Godrej's Tata Projects partnership.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/godrejpropertiesin
• Xx.com/godrejprop

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Godrej Properties