Jun 09, 2023 Godrej Properties to acquire multiple land parcels for housing projects Godrej Properties will acquire multiple land parcels this fiscal having sales revenue potential of around Rs 15,000 crore post-development. Last fiscal, Godrej Properties was very aggressive on land acquisition and added 18 new land parcels with sales potential of Rs 32,000 crore post-development.
Jun 05, 2022 Godrej Properties to add over 10 housing projects in FY23 Godrej Properties is likely to add at least 10 new residential projects across the country to its existing development portfolio in the current financial year until March end.
May 20, 2022 Godrej Properties buys land for Nagpur housing project Realty firm Godrej Properties has acquired a 58-acre land parcel in Nagpur to develop a residential project as part of its strategy to expand business. The company, which is part of Godrej group, did not disclose the value of this land deal.
May 05, 2022 Godrej Properties to develop Mumbai new housing project Realty firm Godrej Properties Ltd will develop a new housing project at Kandivali East in Mumbai with an estimated sales revenue of Rs 1,000 crore. In a regulatory filing, Godrej Properties said it has extended an existing arrangements with Shivam Realty to develop a residential group housing project, off Akurli crossroad at Hanuman Nagar, Kandivali East. "The new project will have an estimated booking value potential of approximately INR 1,000 crore," Godrej Properties said. This project is an extension of Godrej Tranquil and Godrej Nest, and will offer about 7 Lakh square feet of saleable area. Kandivali is a developed micro-market and extending our existing projects in the location fits well with our strategy of deepening our presence in key micro markets across India.
Apr 20, 2022 Godrej Properties to develop 33-acre project in Bengaluru Godrej Properties has entered into an agreement to develop a 33 acre land parcel along Bannerghatta Road in South Bengaluru. The new project has a developable potential of approximately 3.4 million sq ft of saleable area with an estimated revenue of approximately Rs 2000 crore.
Apr 20, 2022 Godrej Properties to develop nine acre project in Pimpri-Chinchwad Godrej Properties (GPL) has acquired a 9 acre land parcel in Pimpri-Chinchwad to develop a group housing project. The project has a developable potential of approximately 1.7 million sq ft of saleable area with an estimated revenue potential of approximately Rs 1,400 crore.
Mar 05, 2022 Godrej Properties plans Rs 7,500-cr investment Godrej Properties plans to invest around Rs 7,500 crore over the next 12-18 months on acquisition and development of new real estate projects. In an interview with PTI, Godrej Executive Chairman Pirojsha Godrej sounded upbeat on the growth potential in the housing and commercial real estate segments especially in four major markets - Mumbai Metropolitan Region (MMR), Delhi-NCR, Bengaluru and Pune where the company has a huge presence.
Mar 05, 2022 Godrej Prakriti Godrej Prakriti in BT Road, Kolkata North by Godrej Properties is a residential project. Highlights of project: Best Residential Project in Kolkata Award 2012. Close to Sodepur Railway Station. The project offers Apartment with perfect combination of contemporary architecture and features to provide comfortable living. The Apartment are of the following configurations: 2BHK and 3BHK The size of the Apartment ranges in between 74.32 Sq. mt and 126.25 Sq. mt
Feb 20, 2022 Godrej Properties to invest Rs 400 cr in DB Realty Real estate firm Godrej Properties will invest Rs 400 crore to acquire around 10% stake in DB Realty and another Rs 300 crore to set up a joint platform for undertaking slum redevelopment projects. GPLs total investment would be around Rs 700 crore and the first tranche of the investment will be made in the current quarter.