Godrej Group
Godrej Properties launched its residential township Godrej Prana in Undri Pune. Godrej Prana spread across 31 acres and consisting of apartments ranging 1 BHK from 634-665 sqft, 2 BHK 872-1057 sqft, 2.5 BHK from 1196-1473 sqft, 3 BHK from 1647 sqft to 1862 sqft. Price starting from Rs 29 Lakh. The project is located in [...] Continue Reading »
Mumbai based developer, Godrej Properties announced its decision to buy back its 49.90 % stake in the subsidiary Godrej Buildwell Private Ltd, a company that has Motilal Oswal Advisors –managed India Realty Excellence Fund as its Private Equity Investor. This announcement was made on Wednesday; the transaction value for the deal remained undisclosed. In 2009, [...] Continue Reading »
In the second quarter of the current fiscal, Godrej Properties Limited has seen a two-fold increase of its sales bookings estimated at a cost of Rs. 880 crores in spite of the economic slowdown of the real estate market. Godrej Properties Ltd. which has had record sales bookings of 333 crore in the July-September period [...] Continue Reading »
Due to an age of 117-year-old the business group with business interests ranging from processed food to property, the initial key to success lay in locks. After his initial business ventures failed the Ardeshir Godrej, a Parsi lawyer, set about making locks in 1897. The high-security Anchor locks had proved the popular, and laid the [...] Continue Reading »
Finally the bungalow Meherangir which was the home for Dr Homi J Bhabha the father of India’s atomic energy programme came under hammer. Pheroza Godrej, wife of Jamshyd Godrej, chairman of Godrej & Boyce Manufacturing Co Ltd, bid for the property on behalf of the family, and won the bid at Rs 372 crore. This [...] Continue Reading »
The real estate development wing of the Godrej Group named as Godrej Properties Ltd is going to develop a residential township project in North Bengaluru. The project is spread across 100 acres of area and has the saleable area of nearly 0.87 million square meters (9.4 million sq. ft.) It is close to the new [...] Continue Reading »
Mr. S Raghupathy, Executive Director of CII-Godrej Green Business Council, says that this is an important development in the country and has caught the attention of commercial buildings, Government offices, heritage buildings and homes as the price has decreased over the years. He also concluded that the price of establishing a green building varies upon [...] Continue Reading »
Investigation has been taking place into National Textile Corporation (NTC) proposal to revive several of its prime properties in Mumbai and Aurangabad by the Central Bureau of Investigation. There is a suspicion for which this investigation is taking place and which is probably that mill land worth over Rs 20,000 crore was being diverted for [...] Continue Reading »
The real estate arm of Godrej Group, Godrej Properties has formed a partnership with SSPDL Green Acres LLP to build up a residential project at Padur on OMR (Old Mahabalipuram Road) on the periphery of Chennai. The proposed project will be near Siruseri IT Park and will be spread over seven acres and 93,000 square [...] Continue Reading »
The company said that the real estate developer Godrej Properties has formed joint venture to develop a residential project at Keshavnagar in Pune. This project will be spread over 43 acres and provide nearly 2.8 million sq ft of saleable area. As mentioned in the agreement, the Godrej Properties will receive 35 percent of the [...] Continue Reading »
