The Godrej Properties: Diamond among all the properties

1. The Godrej Properties: Diamond among all the properties All of us are on the common page that Noida is expected to be one of the most planned cities in the coming future. It has become quite fashionable for the top builders to develop projects in this region and a prime example is Godrej Properties Noida. It is a division of Godrej group that has formed an alliance with an ACE group to give shape to a 100-acre township in Greater Noida. In fact, it will be their 7th project in the Delhi NCR region. This gigantic group has already completed a host of massive projects in Delhi and Gurgaon and has partnered with Lotus Greens in the month of January this year. Their aim is to provide luxury lifestyle apartments at affordable costs. The center stage of this project Godrej Properties Noida is modeled on the concept that there will be a golf-centric township, adding to the flavor of giving an international flavor to the city. In the words of the chairman, the company sees tremendous real estate opportunities in the region of Noida as well as Greater Noida. This though is the first business venture of the Godrej group, and the company has developed strategies in such a manner that in the days to come it is well on its way becoming one of the leading real estate players in the country. Presently Godrej Properties Greater Noida is on a high as it has announced a BSE filing. The total saleable area under this project is a whopping 4 million square feet, and the total saleable land under Godrej group is estimated to be in the region of 119 million square feet. This includes projects in the field of commercial and residential sectors spread across 12 major cities in the country. The net worth of the company has increased by 43 % in this fiscal year. More about Godrej group Godrej is a household name, and most of at least would have used their products once in a lifetime. Be it security, consumer durables, furniture and recently real estate it is one of the iconic brand names in the

2. country. The group has their presence in more than 60 countries, and their mission is to capitalize the name of the brand worldwide. It has to be admitted that real estate is their newest foray. They entered into this domain in 1990 and are conferred the tag of being the first ISO certified real estate developer and is expected to be the top most real estate consortium shortly. Their focus is on strategic partnerships and alliances which will give a new direction to the company. They have gone on to develop projects in all the major cities of the country, and this includes residential, township and commercial projects. The company has won several accolades in this regard. One of their projects in Mumbai “Planet Godrej’ was presented with the tag of being the best project in western India. It is in fact ranked among the top 10 construction companies for the last six years.

3. Summary Godrej ever since their foray into the domain of real estate is an epitome of luxury and convenience. Their presence in Noida is expected to take the region to new strategic heights. For the property buyers, it is a golden opportunity to have a property here.