Century Textiles and Business stated its realty arm Birla Estates is buying title rights for an roughly 10-acre plot for ₹1,100 crore from Nusli Wadia. The “current leasehold curiosity of CTIL is merged with the possession rights” with the deal, the assertion stated, including that this explicit parcel possesses a reserving worth potential of … Read more
Realty agency Godrej Properties has gained bid for 2 residential plots in Gurugram costing ₹515 crore and can develop luxurious properties price ₹3,400 crore on these land parcels. In a regulatory submitting on Monday, Godrej Properties knowledgeable that it has “emerged as the best bidder and has secured the Letter of Intent to develop two … Read more
Godrej Properties has emerged as the very best bidder for 2 land parcels with a complete mixed bid worth of ₹842 crore in an e-auction performed by the Better Noida Industrial Growth Authority (GNIDA) for Residential Group Housing Plots. GNIDA will challenge the allotment letters after following the due course of, Godrej Properties mentioned in … Read more
Actual property main Godrej Properties stated it has offered 2,000 houses value over ₹3,150 crore on the launch of its Godrej Woodscapes, in Bengaluru. The corporate introduced that it has achieved over 500% QoQ progress in gross sales in Bengaluru surpassing its full 12 months FY24 gross sales in South India throughout the first quarter. … Read more
In a bid to develop the enterprise, Godrej Properties acquired 10 land parcels, of which eight have been outright, final monetary yr, to construct housing initiatives price over ₹21,000 crore and has set a goal for this fiscal, to purchase extra parcels that may generate gross sales bookings of ₹20,000 crore. Additionally learn:Godrej Properties This … Read more
Godrej Properties reported a 14 per cent enhance in its internet revenue within the fourth quarter of FY24. The corporate’s income from operations fell 13.4 per cent. The actual property developer reported a internet revenue of ₹471 crore on income of ₹1,426 crore. Actual property firms recognise income when the initiatives are delivered. It delivered … Read more
There may be headroom for dwelling costs to rise within the close to time period, however forecasting for a long run can be troublesome, mentioned Gaurav Pandey, Chief Government Officer and Managing Director, Godrej Properties. “There’s a clear alternative out there, there’s a short-term visibility, there may be headroom for us to extend costs in … Read more
Almost half of Godrej Properties gross sales in FY24 have come from the Nationwide Capital Area and the Mumbai Metropolitan Area contributed 29 per cent of the full bookings of ₹22,500 crore, which was 61 per cent larger than its said steering. Additionally learn:Godrej Properties achieves report gross sales in Q4FY24, shares surge The Mumbai-based … Read more
Godrej Properties has entered into definitive agreements to develop a big township venture in North Bengaluru underneath a profit-sharing mannequin. The estimated reserving worth for the venture is ₹5,000 crore. Unfold throughout 62 acres and positioned in a first-rate space of North Bengaluru, the venture will supply 5.6 million sq. toes of saleable space, comprising … Read more
Godrej Properties has bought a 4-acre land parcel in Bengaluru on an outright foundation. The corporate is planning to develop a premium residential venture on the website with a income potential of ₹1,000 crore from 7 lakh sq. toes space. The acquisition of a further 1 acre land will enhance the estimated income from … Read more