Pirojsha Godrej

Executive Chairperson, Godrej Properties

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Pirojsha Godrej

Executive Chairperson, Godrej Properties

Summary

Pirojsha Godrej is the Executive Chairperson of Godrej Properties, Godrej Housing Finance and a Non-Executive Director at Godrej Consumer Products and Godrej Agrovet. He was born on October 27, 1980, to Adi and Parmeshwar Godrej. Pirojsha graduated from the Wharton School of Business in 2002 and completed his Masters in International Affairs from Columbia University in 2004 and an MBA from Columbia Business School in 2008. Pirojsha has led Godrej Properties through a phase of rapid growth, culminating in becoming one of India's largest real estate developers. Under his leadership, Godrej Properties has been focusing on the sustainable development movement. In 2013, former President APJ Abdul Kalam awarded Godrej Properties as one of the companies in India from across sectors to have driven the green building movement. Clinton Foundation partnered with the company for its large township project, Godrej Garden City. The city was selected as one of the two projects in India and 17 around the world to work with the Clinton Climate Initiative for its Climate Positive Development Programme.

Personal Information

Age

44

Nationality

Indian

Net Worth

$16.7 Billion

Marital Status

Married

Achievements & Major Timelines

  • 2004: Joined Godrej Properties and spearheaded its expansion strategy, increasing operation from 2 to 10 cities.
  • 2010: He led GPL’s initial public offering (IPO), successfully raising $ 100 million.
  • 2012: He was appointed as CEO of Godrej Properties, guiding the company through a significant growth phase.
  • 2013: Under his leadership, GPL received recognition from the former President of India APJ Abdul Kalam, for advancing the green building movement.
  • The Clinton Foundation partnered with GPL for the Godrej Garden City project in Ahmedabad, selected as one of the two projects in India to collaborate with the Clinton Climate Initiative.
  • 2014: He received the Best People CEO Award from the National Human Resource Development Network.
  • 2015: He was featured in 2015 in The Economic Times ’40 under 40’ list and recognized by GQ magazine as one of the 50 most influential young Indians.
  • 2017: He assumed the role of Executive Chairman of Godrej Properties.

Challenges & Controversies

Business restructuring: In 2023, the family initiated an amicable split to streamline operations. Though the restructuring was consensual, managing the intricacies of such a huge reorganisation posed substantial challenges.

The Indian real estate market is hugely competitive necessitating strategic initiatives to maintain and grow its market share.

Economic fluctuations posed challenges and GPL was required to adapt its strategies to align with the market conditions.

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