Godrej Properties sees room to scale up Mumbai home market business

Godrej Properties has rejigged its Mumbai management team and brought in a new chief executive

Godrej Properties is looking to scale up its business in the Mumbai home market, after rapidly expanding in National Capital Region (NCR) and Bengaluru.

The company has rejigged its Mumbai management team and brought in a new chief executive to focus on Mumbai operations. It plans to launch mid-income housing and a fair amount of premium housing in Mumbai, the company’s chairman, Pirojsha Godrej, said during a conference call with analysts last week. “I think it is a very big market in Mumbai... if we were rating our own performance in the city, we would honestly give ourselves a pretty low