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In a strategic move aimed at strengthening its operations across the Mumbai Metropolitan Region (MMR Region), Godrej Properties Ltd (GPL) has announced a significant reshuffle in its leadership team. The Mumbai-based real estate major, which has been actively expanding its portfolio across key cities, has introduced two new senior appointments to lead critical growth regions.
Leadership Reshuffle: Key Changes in MMR Region
Effective July 19, 2025, Amitesh Shah will take charge as the new Zonal CEO for the MMR Region, following the resignation of Priyansh Kapoor. Kapoor’s departure is effective as of the close of business on July 18, 2025.
In a parallel leadership change, Sandeep Navlakhe has been appointed as the new Chief Operating Officer (COO). He will assume responsibilities from August 1, 2025, replacing Vikas Singhal, who will step down on July 31, 2025. Both changes have been formally communicated through a regulatory filing by the company under the SEBI Master Circular guidelines.
These leadership transitions mark a crucial phase for the company as it looks to consolidate its foothold in the highly competitive MMR Region, which continues to remain one of the most dynamic real estate markets in India.
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Strategic Expansion Continues
The leadership changes come at a time when Godrej Properties is aggressively expanding its land bank and project pipeline. On July 18, the company also announced the acquisition of a 48-acre land parcel in Doddaballapur, North Bengaluru. This land parcel, located near the Satellite Town Ring Road (STRR), is expected to yield 1.1 million sq ft of development potential, primarily through premium plotted developments.
The proximity of the site to Kempegowda International Airport, key industrial zones, and recreational spots like Nandi Hills, is expected to enhance the demand for this project. North Bengaluru is emerging as a residential investment hotspot due to upcoming infrastructure projects and improved connectivity.
Raipur Foray Adds to Regional Diversification
Just two days prior to the Bengaluru land acquisition, Godrej Properties announced its entry into Raipur, with a 50-acre plotted development project along Old Dhamtari Road. The development will offer approximately 9.5 lakh sq ft of saleable area and is strategically positioned with strong road and airport connectivity.
The back-to-back acquisitions in Raipur and North Bengaluru highlight the company's broader strategy of penetrating Tier-2 and emerging urban corridors, while simultaneously reinforcing its presence in leading metros like the MMR Region.
Godrej Properties: Riding High on FY25 Performance
As one of India’s top-performing real estate developers, Godrej Properties closed the FY2024-25 with record-breaking sales bookings, reportedly worth ₹30,000 crore. This stellar performance helped the company claim the position of the country’s largest developer in terms of sales.
With a healthy balance sheet, increasing land acquisitions, and a strong brand recall in urban and semi-urban markets alike, the company is now focused on executing a leadership strategy that supports operational efficiency and regional customization.
What the Leadership Change Means for MMR Region
The MMR Region, which encompasses Mumbai, Thane, Navi Mumbai, and surrounding areas, remains one of the most complex yet rewarding real estate markets in India. It presents both opportunities and challenges ranging from high land costs and regulatory hurdles to intense buyer demand for luxury, mid-segment, and affordable housing.
With Amitesh Shah now at the helm of GPL’s MMR operations, the company is expected to focus more sharply on local execution, customer experience, and differentiated product offerings that align with evolving buyer preferences in the MMR Region.
Meanwhile, Sandeep Navlakhe’s elevation to the role of COO may provide fresh momentum to streamline operations across India, reinforcing GPL’s ambitious growth vision.
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Conclusion
The recent leadership overhaul announced by Godrej Properties underlines its commitment to delivering excellence and operational agility across critical zones like the MMR Region. With new appointments, strategic land acquisitions, and a record-setting performance in FY25, the company appears well-positioned to scale new heights in the coming quarters.
As the MMR Region continues to attract large-scale residential and commercial investments, effective leadership will play a pivotal role in determining which developers lead the next phase of real estate transformation. For now, all eyes are on Godrej Properties and how these leadership transitions shape the company’s growth trajectory.
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Ans 1. Godrej Properties has appointed Amitesh Shah as the new Zonal CEO for the MMR Region, replacing Priyansh Kapoor (effective July 19, 2025). Additionally, Sandeep Navlakhe will assume the role of Chief Operating Officer (COO) from August 1, 2025, succeeding Vikas Singhal, who steps down on July 31.
Ans 2. The reshuffle aims to bring operational focus and leadership agility to the MMR Region one of India’s most complex and high-stakes real estate markets. It also reflects Godrej Properties’ commitment to localized leadership and growth execution.
Ans 3. The Mumbai Metropolitan Region (MMR) which includes Mumbai, Thane, and Navi Mumbai is a strategic real estate market with high buyer demand, premium pricing, and regulatory complexity. It is a key region for GPL’s luxury and mid-income housing portfolio.
Ans 4. The changes come at a time when Godrej Properties is rapidly expanding through land acquisitions, including recent deals in Bengaluru and Raipur. The company is reinforcing its local and pan-India leadership structure to support regional growth and execution.
Ans 5. North Bengaluru is emerging as a residential hotspot due to proximity to the airport, STRR, industrial zones, and recreational hubs. It offers significant potential for premium plotted developments and long-term appreciation.
Ans 6. The company reported ₹30,000 crore in sales bookings, making it the largest real estate developer in India by sales for FY25 a record-breaking achievement.
Ans 7. As COO, Sandeep Navlakhe is expected to streamline operations across GPL’s pan-India portfolio, ensuring delivery efficiency, process standardization, and scalability in execution.
Ans 8. Yes. With its entry into Raipur and other emerging corridors, Godrej is clearly diversifying beyond metros into Tier-2 markets with strong connectivity and urban infrastructure.