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The Family That Owns ₹1 Lakh Crore Land in Mumbai

The 124-year-old godrej group owns 3,400 acres in Mumbai, the most expensive real estate market in the country. Of this, the 3,000-acre parcel in Vikhroli has a development potential of over ₹1 lakh crore.The Vikhroli property was bought by the then group head Pirojsha, brother of founder Ardeshir Godrej, at a public auction, from the Bombay High Court receiver in 1941-42. It was earlier owned by a Parsi merchant Framjee Banaji — who bought it from East India Company in the 1830s.Godrej Group is an Indian multinational conglomerate headquartered in Mumbai, which is managed and largely owned by the Godrej family. It was founded by Ardeshir Godrej and Pirojsha Burjorji Godrej in 1897, and operates in sectors including real estate, consumer products, industrial engineering, appliances, furniture, security and agricultural products.[3] Its subsidiaries and affiliated companies include Godrej Industries and its subsidiaries Godrej Consumer Products, Godrej Agrovet, and Godrej Properties, as well as the private holding company Godrej & Boyce Mfg. #Mumbai #Godrej #realestate _____________________________________________________________________ INTRO MUSIC IF PRESENT - LEMMiNO - A THOUSAND YEARS    • LEMMiNO - A Thousand Words   CC BY-SA 4.0 _____________________________________________________________________ Copyright Related Issue Please Contact [email protected] OR DM on Twitter -   / powertrain_yt   _____________________________________________________________________ INSTAGRAM-   / aakash_rb   TWITTER-   / powertrain_yt