01

HIGHLIGHTS

02
SITE OVERVIEW

03MARKET OVERVIEW

04
GODREJ CITY

05
COMPANY PROFILE

06
BIBLIOGRAPHY
 GODREJ CITY, PANVEL

01
HIGHLIGHTS
 GODREJ CITY, PANVEL

Godrej City - an integrated & self sufficient township, now poised to adorn Panvel, Mumbai. The township is
abounding with every conceivable modern amenity. The development shall be spread over ~134 acres land with more than
50% open spaces along with a 9 hole golf course. The location is heralded to be the next big center of urban and civic
development.

 The company is developing ~14 million sq. ft. of mixed used development spread over ~134 acres
township, located in Panvel

 The Township, located in Panvel, is being developed by Godrej Properties Limited and is named “GODREJ
CITY”

 Master planning of the Township is done by “Broadway Malyan” a global Architecture, Urbanism & Design firm
having its presence in 43 countries

Upcoming location, Panvel is becoming a
favorable Residential destination
Falls as a part of the Smart City mission of the
State Government
Average property prices in Panvel range between
INR 6,500 to 7,500. Improving affordability with better
quality of life & enhanced connectivity shall ensure
significant decline in travel time to any part of Mumbai
Most of the business houses will establish their
base in Panvel, due to its close proximity to
International Airport, IBFC, Delhi Mumbai Industrial
Corridor (DMIC), JNPT, etc, reduced travel time from
Mumbai to Panvel
Initiative to decongest Mumbai;
Navi Mumbai is as comparable a Satellite city as New Jersey to New York, Downtown to
Dubai
GODREJ CITY, PANVEL
Government spend of ~USD 10.5 billion (~INR
70,000 crores) towards the Infrastructure initiatives
Other Government initiatives include 6,600 acres of
International Business and Finance Centre
(IBFC), Delhi Mumbai Industrial Corridor (DMIC),
etc.
The infrastructure initiative, are expected to create
over 2.0 million jobs in short term horizon
Excellent connectivity via four modes of
transport – rail network, roads, air and water
transport infrastructure
 GODREJ CITY, PANVEL

Land acquired ~ 134 acres acquired

Development Potential – Potential ~ 14 mn sq. ft

Project Topline – INR ~131 Bn The Project will be built

across 5 phases with a
time line of around 10
years

Project Profits INR ~ 69 Bn & Cost of INR ~ 62 Bn

Major Approvals : Location Clearance

Environment Clearance
Master Planning
Building wise plan
 GODREJ CITY, PANVEL

Residential Projects
N 6

7 Developmen Project
Sr.no Size SF Values PSF
t Name

Fortune City 8,000 –

1. Hiranandani 700 - 1500
Phase I 9,500

850 – 5,500 –
2. India Bulls Greens
1,100 6,500

8,500 –
3. Kalpataru Riverside 800 - 1200
3 9,500
5
5,500 –
4 4. Marathon Nexzone 650 - 950
65,00
2
4,500 –
5. Arihant Arham 650 - 950
6,000

Godrej City Juhi Bhumika 900 – 5,500 –

6.
Developers Residency 1,200 6,500
1
4,500 –
7. Akshar Canabee 450 - 600
6,000
 GODREJ CITY, PANVEL

02
LOCATION
OVERVIEW
 GODREJ CITY, PANVEL

Geographically
strategic location
Thane
with easy
displacement to all
cardinal points of
Mumbai &
Navi-Mumbai

BKC
Vashi Global IT Park

D.Y Patil
University
Nerul Panvel

South Mumbai Godrej City

Amity University

Reliance
Industries
*Proposed
Subject Site Nearby developments
Developments
 GODREJ CITY, PANVEL

Mumbai ‒ Heart of the Indian Economy

‒ Among the world’s most expensive real estate
‒ Lack of expansion space surging prices
‒ Congestion in Mumbai leading to growth in Mumbai - Panvel axis
‒ World’s 3rd most densely populated city

Average property ‒ Navi Mumbai - 12,000 to 15,000 per sq. ft

rates ‒ South Mumbai – 80,000 to 140,000 per sq. ft
‒ Thane – 8,000 to 11,000 per sq. ft
Comparable ‒ Central Mumbai – 30,000 to 40,000 per sq. ft
‒ Panvel – 5,000 to 7,000 per sq. ft
Grade A ‒ Western Suburbs – 16,000 to 20,000 per sq. ft
Development ‒ Eastern Suburbs - 14,000 to 18,000 per sq. ft

‒ Navi Mumbai International Airport

Upcoming ‒ Trans Harbor Sea link 22 km 6 lane sea bridge connecting Mumbai and Navi Mumbai
Infrastructure ‒ Multi Modal Corridor
‒ Metro Connectivity – 3 proposed Metro lines connecting Mumbai and Navi Mumbai
‒ Delhi Mumbai Industrial Corridor
‒ Ferry Wharf starts from Mazgaon Docks to Nerul

Key Features of ‒ Planned development by Godrej properties limited

Godrej City, ‒ The township will have more than 50% open green spaces
Panvel ‒ Efficient use of technology to monitor site progress; seamless flow of information
‒ Airport within 9 km of distance from Godrej city
‒ Tans Harbor Link will be ~ 11 km from Godrej City
 GODREJ CITY, PANVEL

03
MARKET OVERVIEW
 GODREJ CITY, PANVEL

1 Virar 1 Multi Modal Corridor

• 126 km long corridor connecting NH-8, Bhinwandi bypass, NH-3, NH-4, Mumbai Pune
expressway and NH-17
• Connecting the outskirts of Mumbai and increasing the connectivity

Proposed Navi Mumbai International Airport

2
Bhiwandi
• Navi Mumbai International Airport, strengthening connectivity, boosting economic growth
and upgrading the location
• The new airport will cater to 35 million passengers by 2020, 55 million by 2025, and 90 million
by 2030, according to CIDCO.
• The Airport will be operational by Mid 2020.

Thane Belapur
3 Proposed Trans-harbor Sea link
Financial
District • Mumbai Trans Harbour Link (MTHL), proposed to be developed as an Expressway link with
a six-lane dual carriageway road bridge and rail bridge
• The proposed development initiatives will not just give rise to additional traffic movement but
Nerul also accentuate the need for greater economic integration of Mumbai with the mainland.
Sewre • The bridge will begin in Sewri & will terminate at Chirle village, near Nhava Sheva.
e Panvel
Mazgaon 2 • The project is estimated to cost Rs17,700 crore (US$2.6 billion) & is officially estimated to be
Docks completed in 2019.
3 Godrej
Chirle
city
Ferry
Service 5
village
4 NMSEZ – Dronagiri & Kalamboli
4 NMSEZ • The Navi Mumbai Special Economic Zone (SEZ) located in the nodes of Dronagiri and
Kalamboli are planned to provide commercial growth and employment to the city.
• Positioned en route the proposed Navi Mumbai Airport, this megaproject has attracted
investments of close to 40,000 crores

Pen 5 Expansion of JNPT

Ferry Wharf – Mazgaon Dock to Nerul
Alibau 1
g Thane Belapur Financial District
 GODREJ CITY, PANVEL

04
GODREJ CITY
 GODREJ CITY, PANVEL

Project Area (Sq. ft)

Residential-Phase 1 700,000
Residential-Phase 2 2,456,305
Residential-Phase 3 2,456,305
Residential-Phase 4 2,456,305
Residential-Phase 5 1,756,305

EWS Phase 1 675,415

EWS Phase 2 914,354
EWS Phase 3 938,167

Commercial 1,043,928
Shopping Centre & Conv.
Shops 1,043,928
Hospitals, PHC and School 368,446

Total 14,809,457
 GODREJ CITY, PANVEL

Public Realm & Open space

 Lively piazza spaces at key
node points
 Network of parks & squares
 Sustainable open spaces
 Urban ambience with a quality
streetscape
 Well design spaces for all
group ages

Retail Strategy
 Retails spread across the
development
 Local retail accessible & visible
 Active frontage
 Simple servicing strategy

Residential & Mixed use

 Simple building form
 Optimised building widths
 Serene views
 Variety of building designs to
reinforce new urbanism
principals of a community
 Excellent connectivity
 Secure & safe environment
 Sustainable & clean
environment
Schematic drawing; subject to change  North south orientation
 Private amenity space simple
Accessible Community facilities phases etc..
 Comprehensive network of accessible facilities
 Comprehensive pedestrian & cycling routes
 Provision of facilities based on the predicted population
 GODREJ CITY, PANVEL

District 04 –
South Life District 05 – Phase 1 - Launched
Northern Leisure
Hills

District 03 – District 01 –
East Village Lake Side

District 02 –
Central Square

Schematic drawing; subject to change

 GODREJ CITY, PANVEL

Schematic drawing; subject to change

Spread over 7.5 Acres

Location within the Township – Nearest to the
Highway, in front of the Golf Course
Proposed exclusive Amenities of Phase I –
• Club with Swimming Pool, Gym
• Multi Purpose Court, Kids Play Area
• Jogging Track, Yoga and Meditation Zones
• Lawn, Multi Purpose Hall and many more
• 10,000 sft of independent Retail
 GODREJ CITY, PANVEL

Schematic drawing; subject to change

 GODREJ CITY, PANVEL

Schematic drawing; subject to change

 GODREJ CITY, PANVEL

Schematic drawing; subject to change

 GODREJ CITY, PANVEL

Schematic drawing; subject to change

 GODREJ CITY, PANVEL

RESIDENTIAL : TURNOVER 10,190 CR

COST 4257 CR
PROFIT 5934 CR

COMMERCIAL : TURNOVER 2169 CR

COST 1175 CR
PROFIT 994 CR

EWS : 824/824

TOTAL AREA

A) RESIDENTIAL 98,25,219 SQ.FT

B) COMMERCIAL 20,87,856 SQFT
C) SCHOOL & HOSPITAL 3,68,446 SQFT

REVENUE 13,183 CR
COST 6,256 CR
PROFIT 6,827 CR
 GODREJ CITY, PANVEL

05
COMPANY PROFILE
 GODREJ CITY, PANVEL

Company Profile:

• Godrej Properties brings the Godrej Group philosophy of innovation, sustainability and
excellence to the real estate industry.
• Godrej Properties is one of the leading real estate development companies in India and is based
in Mumbai, Maharashtra.
• Godrej has real estate development projects in 12 cities in India, which are at various stages of
development.
• Currently, the business focuses on residential, commercial and township developments.
• Godrej properties is a fully integrated real estate development company involved in all activities
associated with the development of residential and commercial real estate.
• Undertaken projects through in-house team of professionals and by partnering with companies
with domestic and international operations.
 GODREJ CITY, PANVEL

Strength

Godrej Brand: Land Sourcing Model:

2nd most trusted Indian brand Competitive advantage
~1.1 Bn people globally use executing JD projects due to
Godrej products its vast experience

Superior Execution:
Strong processes & innovations allow Iconic Design:
GPL to achieve shorter execution Strength Emphasis on outstanding design
cycles & ensure quality in all & tie ups with international &
developments local architects

Diversified Portfolio: Access to Capital:

Presence in10 cities across India, with a Lowest Bank funding rates in the
mix of Residential, Commercial & sector
Township developments
 GODREJ CITY, PANVEL

FACTS AND ACHIEVEMENTS GODREJ PROPERTIES

• Established in 1990

• India’s first ISO certified Real Estate Developer Chandigarh

0.7, 1
• India’s largest publicly listed developer by sales in
FY16
NCR
• Real estate worth over US $2 billion sold in the past 16, 7
four years

• Successfully delivered 6 million sq. ft. of real estate

in FY16
Nagpur Kolkata
• Over 125 million sq. ft. of developable area across Mumbai 2.8, 1 7.1, 4
India 20, 17
Pune
• Differentiated asset-light business model 18.9, 6
Hyderabad
10, 2
• Over 150 awards received
Mangalore Bengaluru
23.2, 11 Legend
0.8, 1
Total Developable Area
Chennai (million sq. ft)
Kochi 3.7, 2 No. of Projects : 54
2.3, 1
(as on 31st December 2016
 GODREJ CITY, PANVEL

06
BIBLIOGRAPHY
 GODREJ CITY, PANVEL

The above Project report has been prepared by me, by visiting the site & interacting with the various
personnel who have conceptualised this development & are involved with the execution of the same.

The facts such as locational advantages, neighbourhood details, infrastructure initiatives etc. have been
derived from M/s CB RICHARD ELLIS, INDIA, who are the ‘Project Management Consultants’ for this
development.

The entire staff of the developers ‘M/s Godrej Properties Limited’ have been very helpful & have willingly
shared their details such as architectural drawings & business plans, with me.

It may be pertinent to mention the names of Mr. Piyush Bhomia (Head-Strategy), Mrs. Bani Kaur
(Architect) & Mr. Rajib Das ( Project Head -Mumbai Region ) without whose help this project report could not
have been completed.

In a congested city like Mumbai wherein land prices are prohibitively high, it is crucial for reputed developers
to develop good residential community centres on the outskirts of the city & judging by the feasibility details
mentioned above, such projects are obviously feasible & highly profitable.

Thank You
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