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Godrej Properties Limited
Sector:Real Estate Real Estate - Real Estate
BSE:533150NSE:GODREJPROPBloomberg:GPL@INReuters:GODR.BO
Market Lot: 1Face Value: 5ISIN Demat: INE484J01027
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04-Feb-2019
Business Profile
Godrej Properties is a real estate development company involved in the business of residential, commercial and township development.

The residential consists of various types of accommodation. The commercial includes office space catering to blue-chip Indian and international companies, IT parks catering to the requirements of IT/ITES companies and retail space.

The township includes integrated townships consisting of residential and commercial developments. GPL has completed 16 residential and 7 commercial projects, aggregating to 5.13 million sq ft of developable area.


Financials
The company disclosed fall of 0.00% in consolidated net profit on y-o-y basis to Rs 303.10 million, while total income dropped 0.00% y-o-y basis to Rs 6.74 billion for the quarter ended December 2017.

Recent Developments
04-FEB-19
Godrej Properties (GPL), one of India???s leading real estate developers, today announced that it has entered into an equity investment platform in partnership with a Pune-based developer to develop six projects across Pune.

27-NOV-18
Godrej Fund Management (GFM), the real estate private equity arm of the Godrej Group, and Godrej Properties (GPL), one of India's leading real estate developers, have entered into a joint venture with Hero Cycles (HCL)

26-SEP-18
Godrej Properties (GPL), one of India's leading real estate developers, today announced the addition of a new project in Ghodbunder Road, Thane.

24-SEP-18
Godrej Properties (GPL), one of India's leading real estate developers, today announced the expansion of its residential portfolio in NCR, with the addition of a new luxury residential project in Noida, in the centrally located Sector 43.

22-FEB-18
Godrej Properties (GPL), one of India's leading real estate developers, today announced the expansion of its residential portfolio in NCR, with an addition of a new residential project in Gurgaon.

01-FEB-18
Godrej Properties (GPL), one of India's leading real estate developers, today announced the addition of three new projects, two in Bangalore and one in Noida.

29-SEP-17
Godrej Properties (GPL) has entered into a joint venture (JV) with Royale Builders and Developers to develop a 13 acres land parcel on Bellary Road (NH-7) in North Bangalore. The company plans to develop a modern residential group housing project of approximately 1,25,000 square meters (1.34 million square feet).

28-SEP-17
Godrej Properties (GPL), one of India???s leading real estate developers, today announced that it has entered into a Development Management Agreement with Manyata Developers Private to develop a group housing project in East Bangalore. Manyata Developers Private is a leading Bangalore based real estate company, founded by Reddy Veeranna.



Future Plans
The company announced that it is launching its residential project Godrej Avalon in Mangalore on Aug. 28, 2010.


In Brief

 
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