Godrej Group
Godrej Properties, the real estate development arm of the Godrej Group, through its wholly owned subsidiary Godrej Projects Development Private (GPDPL), recently signed an agreement to redevelop a private society owned property in Ghatkopar, Mumbai. The project is located in the heart of the central suburbs, just off LBS Marg and has excellent connectivity to [...] Continue Reading »
The Godrej Group’s real estate development arm, Godrej Properties, has announced that it has entered into an agreement to develop approximately 110 acres of land in Panvel. Godrej has entered into a profit sharing joint venture structure for this project where GPL will receive 35 per cent of the profits from the development. The project [...] Continue Reading »
Godrej Properties Ltd (GPL), the real estate arm of the Godrej group, said on Monday it had created a Rs 770-crore development fund to develop residential properties in India with a clutch of global investors, including Dutch pension services provider APG and Sparinvest Property Fund II. The fund will invest and develop three to five [...] Continue Reading »
The real estate wing of the Godrej Group, “Godrej Properties Limited” will soon be raising Rs 500-600 crore fund through institutional placement program (IPP). The Godrej Properties experts are planning to dilute the stake from 84 per cent to 75 per cent through the IPP. The main agenda behind the fund raising is to reduce [...] Continue Reading »
A group housing project is being launched in Undri, Maharashtra which is spread over 8.64 acres of land. The project will be a group venture of Godrej Properties and Mosiac Landmarks, local builder settled in Pune. The project will offer 2, 2.5, 3 BHK and penthouse apartments in total of 5 lakh square feet area. [...] Continue Reading »
Ahmedabad is soon to get a new posh township project by the Godrej Properties, real estate branch of Godrej Group. The group has announced the project’s launch and also provided other details concerned with the project. The name of the project is Godrej Garden City (GGC) consisting of two towers. The towers will be 12 [...] Continue Reading »
The Godrej group’s (Godrej properties ) has taken a giant step in Indian real estate sector. It has planned to develop premium residential apartments and villas in Nagpur with the land space of two million square feet. Godrej property experts say that they are highly excited as this is first of its kind in the [...] Continue Reading »
Subodh Kumar’s new Development Control Rules (DCR) proposals will allow developers to build an extra 25% above the sanctioned FSI in a residential project, for which they will be charged 100% premium. For commercial buildings, the BMC will allow 15% additional built-up area and charge a similarly hefty premium. In a joint statement issued exclusively [...] Continue Reading »
