Godrej Properties
Property developers in the Delhi-NCR region are partnering financially strong developers from the country’s South and West to restart stuck realty projects in the backdrop of a constant cash crisis, the powerful Real Estate Regulatory Act (RERA), and the warning of being taken to the National Company Law Tribunal (NCLT). Financially sound companies like Godrej Properties, Prestige Group, and Kalpataru [...] Continue Reading »
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 »
The Mumbai-based real estate company, Godrej Properties, announced the launch of its township project, Godrej Infinity in Pune. The township is spread across 43 acres, with a total saleable area of about 3.2 million sq ft and the project being developed by Godrej Properties in partnership with Oxford Group and Ekta World. The project is [...] Continue Reading »
The Indian real estate surging with hopes and rise in net profit during the second quarter of the FY 2014-15. This was stated by most leading players in the industry. As most companies experiencing a rise in net profit during the second quarter of this FY, a muted growth continues for the listed real estate [...] 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 »
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 »
Including major realty players, have evinced interest in the Maharashtra Housing and Area Development Authority (MHADA) plan to create a panel of builders for reconstructing its colonies in Mumbai by over 200 developers. Some of the notable names are Tata Housing, Godrej Properties, DB Realty, Kalpataru Group, Lodha Developers, SD Corporation (an affiliate of Shapoorji [...] Continue Reading »
According to a top official at the company, Godrej Properties Ltd is looking for a partner to develop a housing project and is keen on entering the Noida real estate market. in joint venture with land owners, The real estate arm of the Godrej group is budding 3 premium housing projects in Gurgaon and not [...] 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 »
