SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Godrej Properties to create a residential development platform

02 Jul 2012 Evaluate

Godrej Properties (GPL), the real estate development arm of the Godrej Group, will create a residential development platform with Rs 770 crore of equity commitments comprising of a group of global investors led by Dutch pension services provider APG, one of the largest pension fund managers and real estate investors in the world. The investor group also includes Sparinvest Property Fund II, a global real estate fund-of-funds managed by Sparinvest Property Investors.

This residential platform will focus primarily on development of mid-income residential projects in Mumbai, NCR, and Bangalore and may opportunistically invest in Pune and Chennai. The initial commitments will be in the ratio of 29:71 by GPL and the investor group respectively. Besides, the parties will endeavor to grow the platform over a period of time as the right opportunities continue to emerge. GPL will be the exclusive development manager of the projects to be pursued by the platform for which it will receive a development management fee.

Further, the platform will enable GPL to capture outright land purchase transactions in currently dislocated market conditions without deviating from its asset light model and is expected to generate substantial earnings over the next 7 years, which will contribute significantly to the company’s growth.

Godrej Properties is a realty firm of Godrej group, promoted by Godrej Industries and Godrej & Boyce Manufacturing Company. It is one of the leading real estate development companies in India based in Mumbai, Maharashtra.

Godrej Properties Share Price

1792.00 -39.45 (-2.15%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 856.15
Dilip Buildcon 455.10
DLF 592.60
Oberoi Realty 1707.70
Ahluwalia Contract(I 887.10
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×