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Godrej Properties Ltd. Company History and Annual Growth Details

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".

2013
-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 Delhi.
-Godrej Properties announces a new redevelopment project in Malad, Mumbai.
-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/-

2014
-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.

2015
-Godrej Properties ties up with Snapdeal
-Godrej Properties announces a township project in Pune
-ICRA assigns high-credit-quality rating to Godrej Properties
-Godrej Properties adds a large new residential project in Kolkata to its portfolio
-Godrej Properties launches a new project in Mumbai
-Godrej Properties launches Godrej Prana project in Pune
-Godrej Properties wins the ‘Golden Peacock Award for Sustainability’

2016
- Godrej Properties launches Residential Phase 2 at The Trees
- Godrej Properties adds a new project in Bengaluru

2017
-Godrej Properties to develop 7.5 acre residential proj in Bengaluru.
-Godrej Properties enters into agreement with Shivam Realty.
-Godrej Properties partnered with Taj Hotels Palaces Resorts Safaris to develop a world class Taj brand hotel at its flagship project.
-Godrej Properties launches new residential project in Sohna.
-Godrej Properties adds new housing project in NCR.

2018

-The company has entered into a joint venture with Sai Srushti Group to develop a 100 acres land parcel in North Bengaluru, Godrej Properties said in a statement.This will be the company &39;s first plotted development project with about 2.15 million sq ft area.

-The second project in Bengaluru is a joint venture with the promoters of Lahari Music Group, south India's biggest music group, to develop 17 acres of land, with the possibility of further extending the development up to 24 acres.Godrej Properties plans to develop a housing project of about 1.4 million sq ft with an option to further increase it to 2 million sq ft.With addition of these two projects, the company will now have 17 projects in Bengaluru.

-Godrej said that the third project is in the NoidaExpressway micro market.It will develop a group housing project under the development management model in partnership with the Ace Group.

-Godrej said that the third project is in the NoidaExpressway micro market.It will develop a group housing project under the development management model in partnership with the Ace Group.

-Godrej Properties buys 4 acre land in Mumbai to develop housing project

-Godrej Fund Management and Godrej Properties are all set to enter into a joint venture agreement with Hero Cycles to develop a prime office development on Golf Course Road, Gurgaon.

-Construction World Architect and Builder (CWAB) AWARDS 2018

2019

-Godrej Properties ties up with Pune-based developer for 6 projects

-Godrej Properties forms JV with realty firm for luxury housing project

-The company has informed that Scheme of Arrangement.In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 The Board of Directors of Wonder Space Properties Private Limited (a subsidiary of Godrej Properties Limited) and Godrej Properties Limited at their respective meetings held today i.e. August 08, 2019 has approved the Scheme of Amalgamation under Section 230-232 of the Companies Act, 2013 of Wonder Space Properties Private Limited with Godrej Properties Limited

-The Company has informed that Acquisition of 20% issued and paid-up share capital of Yujya Developers Private Limited (YDPL). Consequent to the said acquisition, YDPL has become an associate of the Company.

-The company, a real estate arm of business conglomerate Godrej group, said it has added three new projects at Navi Mumbai, Ambernath, and Thane in MMR and one new project in North Bengaluru.

2020

-The Company has informed that, about Acquisition of 20% of paid up equity share capital of Vivrut Developers Private Limited.

-The Company has informed that , about Acquisition of 100% issued and paid-up share capital of the Ceear Lifespaces Private Limited ( CLPL ). Consequent to the said acquisition, CLPL has become a wholly owned subsidiary of the Company..

-The Company has informed that Amalgamation/Merger of Godrej Landmark Redevelopers Private Limited (a wholly owned subsidiary of Godrej Properties Limited) and Godrej Projects Development Limited (a material wholly owned subsidiary of Godrej Properties Limited)

-The company has informed that Amalgamation/Merger of Ceear Lifespaces Private Limited (a subsidiary of Godrej Properties Limited) and Godrej Properties Limited

-Track2Realty BrandXReport 2019-20

2021

- Godrej Projects Development Limited, a wholly-owned subsidiary of the Company has acquired 20% issued and paid-up share capital of Vagishwari Land Developers Private Limited (''VLDPL''). Pursuant to the said acquisition, VLDPL has become an associate company of Godrej Projects Development Limited and consequently of Godrej Properties Limited.

-Godrej Properties Limited has informed that Acquisition of Yerwada Developers Private Limited ( YDPL ). Pursuant to the said acquisition, YDPL has become Wholly-Owned Subsidiary of the Company with effect from December 09, 2021.

2022

-Godrej Properties enters Golf Course Road Extension in Gurugram, Haryana.
- Godrej Properties acquires 18.6-acre land parcel in Kandivali Mumbai.
-Godrej Properties acquires land for premium project in Pune.
-ICRA enhances Godrej Properties rated bank limits to INR 4,500 from INR 2,500 crores.


2023
-"Godrej Properties sells over 600 homes worth INR 2,600 crore at the launch ofits project Godrej Aristocrat in Gurugram".
-"Godrej Properties achieves booking value of INR 2,000 crore through the launch of its project Godrej Tropical Isle in Noida".
-"Godrej Properties acquires land for a luxury residential project at Koregaon Park, Pune".
-Godrej Properties acquires 28 acre land parcel in Bengaluru for mixed-use project.
-"Godrej Properties purchases 89 acres of land in Khalapur, Maharashtra".
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