Godrej Properties is one of the leading real estate development companies in India and is based in Mumbai, Maharashtra. We have real estate development projects in 12 cities in India, which are at various stages of development. Currently, our business focuses on residential, commercial and township developments. We are a fully integrated real estate development company involved in all activities associated with the development of residential and commercial real estate. We undertake our projects through our in-house team of professionals and by partnering with companies with domestic and international operations.
Our parent company, Godrej Industries Limited, currently holds 69.43% of our equity share capital. Godrej Industries Limited is the listed flagship company of the Godrej group of companies. The Godrej group of companies includes Godrej & Boyce Manufacturing Company Limited and is one of the leading conglomerates in India. The Godrej group was awarded the "Corporate Citizen of the Year" award by the Economic Times in 2003 and the Godrej brand was selected as the fourth best brand in India in The Week magazine's "Mood of the Nation @ 60" survey published on August 19, 2007.
Our residential portfolio consists of various types of accommodation of varying sizes. In our commercial portfolio, we build office space catering to blue-chip Indian and international companies, IT parks catering to the requirements of IT/ITES companies and retail space. Our township portfolio includes integrated townships consisting of residential and commercial developments. We entered into our first project in 1991. We initially concentrated our operations in the Mumbai Metropolitan region and later expanded to include other cities such as Pune, Bengaluru, Kolkata, Hyderabad, Ahmedabad, Mangalore, Chandigarh, Chennai and Kochi. The total area under development currently is 82 million square feet.