The Economic Times

How CEO Pirojsha Godrej helped Godrej Properties scale new heights with big deals

How CEO Pirojsha Godrej helped Godrej Properties scale new heights with big deals

  • 2015년12월22일
  • 읽기 소요시간

The Economic Times

How CEO Pirojsha Godrej helped Godrej Properties scale new heights with big deals

When Pirojsha Godrej took charge of Godrej Properties in 2012, the company had an inadequate scale and project portfolio and was not among the country's leading developers. There was no focus on the big real estate development opportunity in Vikhroli, which is now a key area for the company. Pirojsha worked with Bain & Company to launch Project Pyramid, an initiative to make the company more efficient and effective. He streamlined the portfolio by pruning projects that drained capital. The focus was on adding projects that offer superior returns and better risk management.