Godrej Properties Limited — Credit Ratings, 03-06-2025: Credit Rating

Godrej Properties Limited’s credit ratings have been reaffirmed by ICRA and India Ratings, with the commercial paper limit increased to Rs. 3,500 crore. ICRA maintained its long-term [ICRA]AA+ (Stable) and short-term [ICRA]A1+ ratings, while India Ratings retained IND AA+ (Stable) and assigned IND A1+ for commercial paper. This reflects the company’s stable financial health and strong liquidity position. The high-quality ratings are likely to support investor confidence and help keep borrowing costs competitive, preserving Godrej Properties’ financial flexibility for ongoing and upcoming projects.