Godrej Properties Ltd
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 »
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 »
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 »
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 »
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 »
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 »
Godrej Properties Ltd has declared that it has sold the first phase of its housing project comprising 695 flats in Gurgaon in a single day. The Mumbai-based real estate developer had launched the 21- acre housing project in Gurgaon comprising 1,200 flats on 11th September. The project has an investment of up to Rs 600 [...] Continue Reading »
Godrej Properties Ltd has announced that it will invest Rs 500-600 crore in its upcoming residential project in Gurgaon. The project, Godrej Summit, will host 1,200 flats and is expected to be completed in 2017. The flats will start from a price of Rs 75 lakh and will spread over 0.2 million sq feet space. [...] 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 »
Godrej Properties Ltd (GPL) has formed a residential development platform with Rs 770 crore of equity commitment. The platform mainly aims towards the development of the middle-income residential space in Mumbai, Delhi NCR and Bangalore, apart from looking for opportunities in Chennai and Pune. GPL would contribute 29 per cent in the investment platform while [...] Continue Reading »
