GPL
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 »
A memorandum of understanding (MoU) has been signed by realty major Godrej Properties (GPL) with Axis Bank to offer special home loan solutions for its customers. Under the agreement, GPL’s customers will get a home loan from Axis Bank after paying 10 per cent from their own resources as against the traditional 20 per cent. [...] 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 »
(GPL) launched a luxury residential project ‘Godrej Serenity’ at Chembur, Mumbai on Tuesday. Godrej Serenity will include a 17-storey tower comprising 3 and 4 BHK luxury apartments and 2 exclusive duplex penthouses. It will offer modern lifestyle amenities like a clubhouse, which includes a swimming pool, a steam room, a sitting room, a pool table [...] 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 »
