Godrej Properties Limited
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 »
Whitefield Bengaluru is a suburb located in East Bengaluru. The area that was once a retirement colony of Anglo-Indians is now one of the most sought after real estate destinations in Bengaluru. Whitefield also gained importance due to the proximity of Hoskote which is an upcoming industrial and automobile hub. It is located at 7-10 kms [...] Continue Reading »
Mumbai- City based leading realty firm Godrej Properties has signed two redevelopment agreements in two consecutive days with two private societies. On March 28, 2013, the company inked redevelopment pact with Sunder Sangam Cooperative Housing Society in Malad suburb of Mumbai. On March 29, 2013, the company signed its second redevelopment project with Sahakar Nagar [...] Continue Reading »
Home buyers find it difficult in buying plots within the city limits because of high property price. But if you are planning to buy a plot at an affordable rate then you can go for Tumkur Road. Tumkur Road is a locality in Bangalore City surrounded by Mahalakshmipuram , Subramanyanagar , Mahalakshmi Layout , Gayatrinagar [...] Continue Reading »
The Godrej Properties Limited (GPL) launched a luxurious residential project in Nagpur. Godrej Anandam is the latest residential project. It is going to be developed at Model Mills, Ganeshpeth, Nagpur. 2BHK, 3BHK, and 4BHK apartments will be available in the residential project. All modern amenities like clubhouse, swimming pool, sauna and steam room, Jacuzzi, cricket [...] Continue Reading »
Pirojsha Godrej replaced Milind Korde and took over as MD and CEO of Godrej Properties Limited. He will be concentrating more on gaining investors confidence while he will follow the same previous business strategy of asset-light model. Right now GPL has a debt amount of Rs 2000 crore and its interest payment exceeded the company’s [...] Continue Reading »
The redevelopment of residential project in Chembur Sahakar Nagar will be done by Godrej Properties Limited. According to the redevelopment agreement, GPL will reconstruct 18 residential complexes in Sahakar Nagar, Chembur, Mumbai. 216 residents live in these 18 residential complexes. The proposed construction will develop 2, 2.5 and 3 BHK flats in the present apartment [...] 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 »
