Latest Realty News

Godrej Properties seeks shareholder nod to invest Rs 565 crore
Feb 06, 2014
DELHI: Godrej Properties LtdBSE 1.19 % has sought shareholders' approval to invest up to Rs 565 crore in its subsidiaries that are executing realty projects.
Supreme Court ruling may help revive stalled real estate projects
Feb 03, 2014
MUMBAI: Shares of Mumbai-based realty firms rose on Friday after the Supreme Court on Thursday allowed builders to develop several land parcels in the city's suburbs that were listed as forest land and were barred from encroachment. The apex court's ruling is expected to revive stalled projects, adding several thousand apartments to the city where home sales are down due to high prices.
Godrej Properties buys out PE firm in Kolkata project
Dec 05, 2013
MUMBAI: Godrej Properties Ltd has bought out private equity (PE) firm Red Fort Capital’s 49 per cent stake in its subsidiary Godrej Developers Pvt Ltd (GDPL) for an undisclosed amount.
Godrej Properties reports 5% rise in Q2 profit
Oct 31, 2013
MUMBAI: Godrej Properties, the real estate arm of the Godrej Group, has posted a net profit of Rs 34.25 crore for the second quarter ended September 30. This was 5 per cent up from Rs 32.58 crore posted in the year-ago period.
Godrej completes Phase 1 of Godrej Garden City
Oct 08, 2013
AHMEDABAD: Godrej Properties Ltd. (GPL) the real estate development arm of the Godrej Group, today commenced the handing over to customers of Phase I of Godrej Garden City (GGC), Ahmedabad. There are 624 apartments in 13 towers that have been delivered in Phase I of this project.
Godrej Properties increases the size of its Panvel project
Aug 27, 2013
MUMBAI: The Mumbai-based real estate developer adds 37 acres to its existing township project in Panvel, Mumbai Godrej Properties Ltd. (GPL) (BSE scrip id: GODREJPRP), the real estate development arm of the Godrej Group, today announced that it has entered into an agreement to develop 37 acres in Panvel. This new area is in addition to and is contiguous with the 110 acres project the company had added to its portfolio in FY 13. It will be developed in partnership with the same landowners and at
Godrej Properties inks JV with landowner Oasis Buildhome for housing project
Aug 06, 2013
DELHI: Real estate firm Godrej PropertiesBSE -1.34 % today said it has entered into an agreement with Oasis Buildhome, which owns nearly 14 acre of land in Gurgaon, to develop a premium housing project.
Godrej Properties net up 130%
Jul 31, 2013
MUMBAI: Mumbai-based developer Godrej Properties’ net profit was up 130 per cent on account of transfer of two of its projects to a group of investors and a rise in other income.
Godrej Properties submits info on Rs 700 cr rights issue to SEBI
Jul 17, 2013
DELHI: Godrej Properties, the real estate arm of Godrej Group, has submitted details sought by the capital market regulator SEBI regarding the company’s proposed Rs 700 crore rights issue.
Godrej Properties enters Delhi with housing project at Okhla
Jun 14, 2013
DELHI: Godrej PropertiesBSE 1.09 % today announced its foray into the property market of the national capital by signing a development agreement with Southend Infrastructure for 5-acre luxury group housing project in Okhla.
Builders cut apartment size and price to perk up demand in dull market
Mar 22, 2013
NEW DELHI/MUMBAI/BANGALORE: Builders have begun to bring down prices to prop up home sales in an abysmally dull market, gladdening the hearts of potential buyers.
Godrej to launch residential project in Kolkata
Mar 07, 2013
Kolkata : Godrej Properties Ltd plans to launch a super luxury residential project called Godrej Platinum, in the neighbourhood of Alipur in Kolkata in the next two months.

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