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.
Godrej Properties experienced its worst quarterly performance since 2010, reporting a drop in profit and subdued sales, but management remains optimistic about future growth.
Assotech and Sun-Apollo announce a Rs 500 crore housing project in Gurgaon, located on Dwarka Expressway, with the development of apartments and villas.
West Bengal government proposes amendment to ULCA, requiring developers to reserve 30% of apartments for low-income groups.
The Trump Organization plans to expand its luxury residential and hotel projects in India over the next five years, focusing on cities like Mumbai, Delhi, Bangalore, and Goa, despite regulatory challenges.
Godrej Properties stock has thrived despite market downturn, benefiting from strong brand equity and low capital-intensive model.
Real estate CEOs in India are opting for modest pay increases this year compared to past trends, reflecting a shift in industry compensation practices.
Godrej Properties Reduces Net Debt to Rs. 4 Billion, Achieves Comfortable Debt-Equity Ratio
Godrej Properties launches its first residential project in Gurgaon, partnering with Frontier Home Developers. The project spans 1.05 million sq. ft. and offers flats and penthouses near NH-8.
The 2010 India Realty Expo in Dubai, organized by MCHI, saw significant success with 2,847 NRI attendees. Attractive pricing and ready properties drew numerous investors. The expo showcased projects from Mumbai, Bangalore, Goa, and Pune, with strong interest in 2/3 BHK flats.
Godrej Group plans to release a prime 35-acre parcel in Vikhroli by year-end, making it one of the largest unencumbered realty releases in recent years.
Godrej Industries partners with Godrej & Boyce and Godrej Properties to develop Vikhroli property via a new SPV, potentially before the Urban Land Ceiling Act is repealed.
Textile companies are increasingly venturing into real estate development, including Bombay Dyeing and Century Textiles, as the sector experiences a resurgence.
15 real estate firms, including Lodha Developers and Oberoi Constructions, plan to raise $6 billion via IPOs as the housing sector recovers.
Several major Indian real estate developers, including Emaar MGF and Godrej Properties, plan IPOs in the current year, signaling a potential recovery for the industry.
Red Fort Capital negotiates Rs 40bn projects with 6 Indian developers, including Godrej Properties for Kolkata IT park
Red Fort Capital in talks with 6 developers for Rs 4,000 crore projects across India
Indian developers are increasingly hiring foreign architects for their projects, seeking a global perspective and expertise. While this offers advantages, some raise concerns about foreign firms' understanding of Indian business complexities.
Godrej Properties has filed for an IPO with SEBI, proposing to offer approximately 9.4 million equity shares to support its real estate development plans.
RBI's decision to hold interest rates steady has disappointed the real estate sector, which is grappling with a housing slowdown. Industry experts express concern over high mortgage costs and anticipate varied impacts across markets.