TRUTHESTATE
Best Developers in Gurugram/Godrej

Developer Profile

Godrej

Institutional-grade execution from a 125-year-old house.

Established 1897Listed

Truth Verdict

Institutional-grade execution with a low-risk delivery profile. Ideal for conservative buyers who prioritise build quality over pricing.

01

About the developer

The real-estate arm of one of India's most respected business houses, building since 1990 under Godrej Properties. Known for institutional-grade execution and build quality that consistently exceeds segment norms.

02

Track record

Brand value

“A 125-year-old trust mark — buyers pay for assurance and build quality, not hype.”

03

Performance

20

Projects launched

3

Delivered

17

Ongoing

On schedule · locked

Avg delay · locked

Across every Gurugram project we track for Godrej — delivered, ongoing and lapsed. Financial health below is national, not split by city.

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How reliably does Godrej deliver?

Unlock the on-schedule share and the average slippage across this developer's filed projects — with a number.

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04

Financial health

Listed · backed by Godrej Industries75/100 · STRONGCR: ICRA AA+/Stable / India Ratings AA+/StableGroup: Godrej Industries Group (125-year conglomerate)

Leverage · locked

Interest Coverage · locked

Cash Conversion · locked

Operating Margin · locked

Inventory Cover · locked

Forensic Analyst Audit Note

A directional read on Godrej's financial health. The full audited financials and the per-project forensics are inside each report — unlock one for the complete numbers.

Low confidence: operating cash flow is ICRA's adjusted figure, not the statutory statement (negative in FY2023-FY2026), and the cash figure may include RERA escrow balances the accounts do not quantify. EBITDA was negative in FY2024-FY2026 (margin -4.8% over the three years): revenue is booked only at handover while selling and overhead costs are booked as incurred, so cash conversion is shown capped rather than as a ratio.

Verified Source: Godrej Properties Ltd audited consolidated results FY2025-26 (B S R & Co. LLP, May 04, 2026)
📄 View Official Audited Statement (PDF) →
05

News & updates

Live12 verified updates

News & Updates

Every verified ground event on Godrej — filings, construction, JVs, corridor infrastructure and pricing — read for what it means to a buyer.

19 Oct 2026Regulatory

HERC grants 25-year parallel power distribution licence for Gurugram, Nuh to Eleven Power

  • The Haryana Electricity Regulatory Commission (HERC) has granted Eleven Power Private Limited a parallel distribution licence for Gurugram and Nuh revenue districts for 25 years under Section 14 of the Electricity Act, 2003.
Forensic impact read

HERC granted a 25-year parallel power-distribution licence for Gurugram and Nuh to a private company, alongside the existing state discom. Over time this can give residents a second electricity supplier; tariffs, the coverage area and rollout timing are what to watch. Update (23 Oct): after a strike by power employees, the state government assured them there would be no privatisation (ThePrint), so whether this licence is actually rolled out is now uncertain. Talks resume on 3 Nov.

The TribuneVerify filing ↗
1 Oct 2026Regulatory

CAQM Winter GRAP Stage III/IV Guidelines Enforced: Complete Ban on C&D Activities, Earthwork & RCC Casting Across NCR

  • Commission for Air Quality Management (CAQM) invokes strict Winter Graded Response Action Plan (GRAP Stage III/IV) measures across Delhi-NCR following severe air quality deterioration (AQI >400).
  • Mandates complete cessation of construction and demolition (C&D) activities, including earthwork, excavation, piling, concrete mixing/casting, and transit of loose building materials across Gurugram.
  • Non-earthwork site operations subject to strict anti-smog gun deployment and water-sprinkling mandates.
Forensic impact read

Immediate site halt freezes ongoing structural casting and superstructure progress; introduces potential 30–60 day milestone slippage risks; elevates idle machinery carrying and labor retention costs for developers across active under-construction developments.

Ref CAQM/DIR/GRAP-2026-10Verify filing ↗
26 Sept 2026Corridor Infra

Rs 40 to Rs 350: Haryana notifies toll rates on sections of 3 roads in Gurugram-Faridabad region

  • The Haryana government has notified sections of three roads in the Gurugram-Faridabad region as toll-facility roads, with toll rates ranging from Rs 40 for cars and three-wheelers to Rs 350 for multi-axle and other heavy vehicles.
Forensic impact read

Haryana notified toll rates (Rs 40–Rs 350) on sections of Gurugram-Faridabad-region roads — a new commute-cost factor for the corridor.

The TribuneVerify filing ↗
25 Sept 2026Corridor Infra

Gurugram Metro Phase 2: Millennium City Centre to Cyber City (28.5 km) Rapid Rail Link along GCR

  • Approved 28.5 km metro loop connects Millennium City Centre to Cyber City via 27 stations, including dedicated interchange connectivity with Rapid Metro along Golf Course Road.
  • Finalized geotechnical surveys, utility shifting, and structural pier design tenders for Sector 42, 53, and 54 nodes.
  • Project execution spearheaded by Haryana Mass Rapid Transport Corporation (HMRTC).
Forensic impact read

Direct rapid transit upgrade reduces arterial friction across Sector 42–54; provides seamless multimodal connectivity to Cyber City and IGI Airport; preserves super-luxury capital appreciation resilience (₹45,000–₹85,000/sq.ft) and sustained high rental yields.

Ref HMRTC/PH2/2026-09Verify filing ↗
24 Sept 2026Corporate / JV

Godrej Properties Delivers 3,000+ Homes in Delhi-NCR

  • Godrej Properties has handed over more than 3,000 residential units in Delhi-NCR, marking a push in project execution. The milestone includes the completion of the Godrej Nest project in Noida after resolving past regulatory delays.
Forensic impact read

Godrej Properties reports handing over 3,000+ homes across Delhi-NCR — a delivery-execution datapoint for buyers in its Gurugram pipeline.

WhalesbookVerify filing ↗
22 Sept 2026Regulatory

Gurugram tightens construction and demolition waste rules; no Occupancy Certificate without disposal proof

  • The Municipal Corporation of Gurugram (MCG) has tightened rules for construction and demolition (C&D) waste management, making proof of proper waste disposal a mandatory requirement for obtaining Occupancy Certificates (OCs) and Completion Certificates (CCs).
Forensic impact read

MCG will not issue an Occupancy Certificate without proof of construction-and-demolition waste disposal — a new compliance gate that can delay OC/possession timelines across Gurugram projects.

The TribuneVerify filing ↗
20 Sept 2026Corridor Infra

Haryana govt clears DLFs proposal to build flyover, underpass near Gurugrams Ambience Mall

  • Gurugram’s infrastructure push has taken its next big leap, with the Haryana Government clearing the proposal to allow private builders to upgrade the city’s roads, with DLF leading the way.
Forensic impact read

DLF-led flyover + underpass approved between Ambience Mall and Cyber City eases the Shankar Chowk bottleneck on the NH-8 / Cyber City stretch — a connectivity positive for NH-8 residential.

The TribuneVerify filing ↗
19 Sept 2026Corridor Infra

Godrej Properties Builds 24-Metre-Wide Road Connecting Sector 49 to Southern Peripheral Road

  • Godrej Properties has completed and inaugurated a new 24-metre-wide road at Gate No. 2 of its Godrej Aristocrat township in Gurugram. This infrastructure upgrade links Sector 49 with the Southern Peripheral Road, easing traffic flow and adding considerable accessibility value to the premium real estate corridor near Golf Course Extension Road.
Forensic impact read

Godrej Properties has opened a new 24-metre-wide public road (built with the Haryana government) linking Sector 49 to the Southern Peripheral Road, improving connectivity and access to Godrej Aristocrat — a positive location and infrastructure signal for the project.

SahiVerify filing ↗
17 Sept 2026Legal

Godrej Properties Faces Rs. 700 mn Impact from Gurugram Settlement

  • The disputes involved the Godrej Air project, which was developed through a partnership between the two firms. The settlement follows the arrest of Orris Infrastructure Managing Director Amit Gupta by Mumbai Police last month over allegations of forgery, cheating and criminal breach of trust in connection with the project.
Forensic impact read

Godrej Properties booked a Rs 700 mn impact settling disputes over the Godrej Air JV with Orris Infrastructure, whose MD was arrested over forgery/cheating allegations tied to the project. Buyers should track the resolution and any title/possession implications.

Construction WorldVerify filing ↗
16 Sept 2026Corridor Infra

Genpact Leases 400,000 Sq Ft Office Space In Gurugram

  • Genpact has leased 400,000 square feet of office space at the ASF Insignia campus in Gurugram. This deal, the largest in the National Capital Region for the current quarter, reflects the company’s expansion strategy as it grows its technology services business.
Forensic impact read

Truth Estate view: a major new office/employment anchor on the Golf Course Extension belt (ASF Insignia, Gwal Pahari) strengthens residential demand and rental depth across the Golf Course Road and Golf Course Extension corridors.

WhalesbookVerify filing ↗
11 Sept 2026Regulatory

Gurugram waterlogging: HHRC orders city-wide drainage audit, summons GMDA report by December 15

  • The Haryana Human Rights Commission (HHRC) has taken suo motu cognizance of recurring Gurugram waterlogging, calling it a problem that "goes beyond a temporary disruption caused by heavy rainfall" and ordering a comprehensive city-wide civic infrastructure audit.
The TribuneVerify filing ↗
10 Sept 2026Corridor Infra

GMDA Seeks Five Point Two One Acres For Service Road Along Gurugram CPR

  • Officials said the land proposed for acquisition lies in the revenue estates of Sihi and Mohammadpur Jharsa village. A 12-metre-wide service road is planned on the left side of the CPR along the Dwarka Motorway, running from the Elan Mall stretch up to NH 48. Work on portions of the corridor has begun and some land has already been acquired for the alignment.
Construction WorldVerify filing ↗
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06

Frequently asked

Does Godrej deliver its Gurugram projects on time?

We read this from Godrej's HARERA filings rather than the brochure — for every tracked Gurugram project, whether it was handed over on or before its RERA-committed possession date, and how far behind the late ones ran. On that record Godrej is a clear weak spot. The exact on-time share and the average slippage sit on this page, free with a mobile number, and no developer pays to change either one.

How many projects has Godrej delivered in Gurugram?

We track 20 Godrej projects in Gurugram: 3 delivered, 17 still under construction. Each is scored on delivery, legal standing and pricing in its own report.

Is Godrej a reliable developer to buy from?

On delivery, Godrej's tracked record is a clear weak spot. But reliability is project-specific: our developer read covers delivery, financial strength and legal signals, and every project Godrej is building gets its own forensic report and Truth Score. Check the specific project before you book.

See all Godrej projects

Every project we track from this developer — Truth Score, entry price and delivery risk, side by side.

View projects →All Developers Ranked

Independent assessment by Truth Estate. No developer can pay for a higher score or a better placement. Performance figures are our own tracked estimates. For the full audited financials and project-level forensics, open the reports.