News articles tagged Godrej Properties

Godrej Properties Achieves Record ?29,444 Crore Sales in FY25 – A Milestone in Indian Real Estate

Godrej Properties set a new benchmark with ₹29,444 crore in FY25 bookings, up 31% YoY. Sold 15,302 units amid strong demand in Noida, Gurugram, and Hyderabad projects, marking India's highest realty sales performance.

Godrej Properties moves into Indore and purchases a 46-acre plot for planned development

Godrej Properties Ltd has acquired a 46-acre plot in Indore for residential development, enhancing its presence in the growing real estate market of the city.

Why real estate in Mumbai is so desirable to everyone?

Mumbai's real estate market is booming post-pandemic, attracting developers from across India with rising luxury home sales and significant investment opportunities.

Why are Bengaluru and Mumbai the top destinations for real estate developers?

Developers from Bengaluru and Mumbai increase footprint in each other's cities, driven by growth, sales velocity, and better margins, with some finding lower land prices in Bengaluru attractive.

Godrej camps cannot compete for six years, except in the real estate industry

The Godrej family has agreed to a six-year non-compete clause, except for real estate, following a split. Brand rights have been divided among family members.

MahaRERA instructs L&T to take only 2% when canceling an NRI homebuyer’s reservation

MahaRERA orders L&T Realty to return payment with a 2% deduction, following a similar ruling against Godrej Properties.

Godrej Properties saw sales bookings of Rs 22,500 crore in FY24, an 84% increase from the previous year

Godrej Properties reported record sales bookings of Rs 22,500 crore in FY24, an 84% YoY increase, driven by strong housing demand and successful project launches.

MahaRERA directs Godrej, a real estate developer, to reimburse a portion of the amount that the buyer forfeited.

MahaRERA directed Godrej Properties to refund a homebuyer after cancellation exceeding the 2% permissible deduction as per RERA guidelines, setting a precedent for similar cases.

In FY24, land deals will total 3,000 acres as developers purchase real estate

Indian real estate developers aim for 3,000 acres in land deals in FY24, a 59% increase from last year, driven by increased land availability and high demand.

What is the better long-term real estate stock to choose between Godrej Properties and DLF?

Comparing Godrej Properties and DLF for better long-term investment prospects amidst a notable upswing in the real estate market, driven by high pre-sales numbers.

Real estate developers are purchasing more land

Real estate developers are aggressively acquiring land in India, particularly in major cities, driven by high housing demand. This trend is expected to continue in 2024, with Tier-1 and developing areas remaining hotspots.

DLF is one of the real estate companies on the list of the fifteen most valuable companies in India

DLF, Macrotech, and Godrej Properties are highlighted as top real estate firms in a recent Burgundy Private Hurun India report. The sector shows promising growth prospects.

Giants of the Mumbai real estate market head to Ayodhya as prices rise 179% following the Ram Mandir ceremony.

Mumbai developers like Oberoi Realty, Godrej Properties, and Hiranandani Group are acquiring land in Ayodhya, driving property price increases by 179% post-temple opening.

The Dubai Real Estate Show honors Indian leaders and the expansion of the industry.

The 4th Edition of the Indian Real Estate Show (IRES) 2023 was hosted in Dubai, featuring Indian real estate developments and prominent speakers.

Chennai’s Oragadam district is home to the newly designed Godrej Sunrise Estate.

Godrej Sunrise Estate, Godrej Properties’ first planned development in Chennai, offers residential plots ranging from 600 to 2400 sq ft, surrounded by greenery near Oragadam.

Godrej Properties Get Hold Of Ceear Lifespaces

Godrej Properties has acquired Ceear Life Spaces (CLPL) making it a wholly owned subsidiary. The acquisition aims to develop land in Thane. Operations are affected by COVID-19.

Godrej to get investment of Rs 300 crore

Godrej Industries plans to invest up to ₹300 crore each in Godrej Properties and Godrej Agrovet, seeking shareholder approval at the upcoming AGM on August 11th.

Home prices set to fall in major metro cities

Real estate developers face tough market conditions with low sales and high inventory, according to experts and recent data from Colliers India and Cushman & Wakefield.

Godrej Properties get in Greater Noida

Godrej Properties Ltd. (GPL) is developing a 100-acre golf-centric township in Greater Noida Sector 27, marking its entry into the Noida real estate market.

Godrej Prop buys back Red Fort's 49 pc stakes in Kolkata project

Godrej Properties buys back 49% stake in Kolkata IT Park from Red Fort Capital

Godrej Properties net debt falls by 24pc

Godrej Properties, based in Mumbai, has reduced its net debt by 24% to Rs 1,470 crore in the second quarter, leveraging funds from a rights issue.

DLF beats slowdown with 140 pc sales jump

DLF achieved Rs 2,684 crore in sales bookings during H1 FY14, surpassing the previous year's figures. Experts commend DLF's strategic focus on premium, high-margin projects.

Godrej Properties Q2 net up 5 pc

Godrej Properties reported a 5% rise in net profit to ₹34.25 crore in Q2, primarily due to increased tax expenses, despite a 33% jump in total revenue.

Godrej Properties to Raise Rs.700 Cr, Targets Growth

Godrej Properties plans to raise ₹700 Cr through a rights issue to fund new and ongoing projects across key Indian cities. The company aims for growth despite previous market sluggishness.

Godrej BKC jointly launched by Godrej Properties and Jet Airways

Godrej Properties and Jet Airways are partnering on a 1.3 million sq ft commercial project in Mumbai's Bandra Kurla Complex. The project, Godrej BKC, is expected to generate Rs. 3,500-4,000 crore.