How is Godrej Properties Share ?
Adi Godrej has been frequently talking about creating wealth for shareholders in the recent years and doing exactly the same in all the group companies. Godrej Properties is an emerging real estate development company, with huge growth potential. If you look at the past and current financial numbers of the company, the stock is fully priced, if not over priced. Godrej Properties has delivered only 5 million square feet of developed properties till now. It is operating in 10 cities currently. Company is pursuing the joint development model and the balance sheet is asset light and not holding any significant land bank like other real estate developers. Management quality and capability is the most important aspect that makes Godrej Properties worth investing for long term gains.
