SCHEDULE SITE VISIT
Make a free site visit to Projects along with special assistance from our sales personnel to get complete in-depth information about the property.
The philosophy of Godrej Group towards innovation, excellence and sustainability is also extended to its real estate arm – Godrej Properties. Established in 1990, as a subsidiary of Godrej Industries Ltd, the realty company benefited from the leadership of Adi Godrej. The enterprise is presently listed at the Bombay stock exchange (BSE) and the countrywide inventory trade (NSE).
Godrej Properties are building on the goodwill and trust that its parent company has earned for centuries. Further, their corporate culture as a conglomerate has helped establish the real estate brand as one of the most professional companies in the country. They are one of the few real estate players in the market who have been instrumental in bringing professionalism and transparency in the industry, setting some great benchmark for others to follow.
Due to their transparent and efficient operational approach, they have been able to gain trust of all their stakeholders and build long-term relationship with their consumers, business partners, suppliers, contractors and others. The company has ensured that factors such as on-time delivery, good governance and high-quality construction are imbibed in the very DNA of its realty business.
Each of the projects developed by Godrej combines the century-old legacy of the group company with the commitment to provide world-class design, driven by latest technology. At present, the company is active in developing residential, commercial and township projects, spread over 145 million square feet area in more than 12 cities. Some of the major cities that Godrej has its presence includes Ahmedabad, Bengaluru, Chennai, Chandigarh, Gurgaon, Hyderabad, Kolkata, Kochi, Mumbai, Mangalore, Nagpur, Noida, Pune and others.
For its immense contribution towards the real estate market, Godrej Properties has received innumerable awards and recognitions in the recent past, which includes "India's Top Builders Award" at the development world Architect and Builder (CWAB) Awards 2018, "Developer of the Year Award" at Golden Bricks Awards 2016-17, "Golden Peacock national great Award 2017" with the aid of Institute Of administrators, as well as being ranked 2nd in Asia and 5th globally by GRESB (international real estate Sustainability Benchmark).
Along with providing quality living and developing sustainable commercial hubs, Godrej Properties has also carved a niche for itself for providing an outstanding platform of opportunities to its dynamic and motivated talent pool, making it a comprehensive and holistic workplace and organisation, that is equally admired by its customers, investors, partners as well as employees.
The market of Delhi-NCR is witnessing strategic and cautious new launches that ware being done under the radar of the Real Estate (Regulation and Development) Act, 2016. It has been noticed that there has been a rise in demand with sales witnessing an upsurge last year, which indicated a revival of confidence in the market place. With the micro residential markets witnessing a surge in Noida, Uttar Pradesh, demand and supply in the residential property are seen to be on the rise in the area too. It is being seen that the price range for residential property in the area is around INR 4,140 to INR 7,160 per square feet. Also, there has been a mix of completed, together with, under-construction projects in the area. They are nearer to the employment hubs such as NSEZ, Greater Expressway Noida and Sectors 62, which are boosting demand of real estate in the city too.
Seeing a gradual movement in the prices as well as sale of properties in the last one year - particularly in the areas where infrastructure and other basic amenities have improved, Gurgaon has been witnessing a gradual change in the real estate sector. The change in sentiment has been particularly strong in areas such as Dwarka Expressway. It has been seen that in this particular place, there has been an upscale in purchase and sale in the secondary market or pre-owned homes. Developments such as closure of land allotment, allotment of work in Dwarka Expressway in Gurugram given to L&T as well as water supply done by Gurugram Metropolitan Development Authority in the developing sectors led to a spurt in buyers' demand. In comparison to the previous years, real estate players opine that buyers in the city are no longer chasing for properties but they are looking at space where they can experience luxury. Gurugram market is basically driven by consumers who are mature and visit the property few times, look at the pros and cons before arriving at the decision of buying the property. With that majority end-users have been demanding properties in mid-segment range - from the price band between INR 60 lakh to INR 1 crore. Along with this, development of infrastructure together with availability of basic amenities such as water, roads, sewage and power are also helping in increase of demand.
Mumbai – the financial capital of India – is the 16th most expensive residential property market globally. Although the city has the most expensive real estate market, it still stacks against many other markets. Mumbai would buy ten times the space in comparison to Monaco and nearly over three times in comparison to London or New York. In the meanwhile, Dubai allows more than 50 percent more space than Mumbai. Given the positive side, affordable segment has seen a rise in the past. Demand for the residential segment in last year has been very optimistic, with major projects being announced in many of the suburbs in Mumbai.
Pune is being considered as one of the major and fast-growing real estate markets in India. In fact, it is one of the few markets that has been witnessing steady rise of mega projects by prominent real estate companies, especially in high-growth clusters. Owing to high number of software companies, educational institutes and start-ups in the city, Pune has become a real estate hub catering to a high number of professionals, small families, students and even expats through its various residential projects and townships. In fact, Pune's real estate market is considered to be attractive for residential projects in all its categories – starting from budget housing, affordable housing, mid-income housing to even super-luxury townships.
Also known as the "Silicon Valley of India" - Bangalore is known for its industrial parks, factories as well as educational institutions. It is also called the "IT Capital" of the country with initial phase of software development occurring in the city. It is has several reputed multinational companies having their offices in Bangalore. It has been seen that there is huge influx of people from across the country searching for employment opportunities in the city. Although, there has been a slight dip in the realty market in Bangalore in the recent times, the demand has seen a surge with the implementation of RERA. Of lately, the real estate market in the city saw an upsurge with many launches together with exciting deals. Places such as Kanakapura Road, Yelahanka, Hennur Road, Sarjapur Road and Devanahalli which are on the outskirts of the city have been growing rapidly – with increasing connectivity and infrastructure.