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NEW DELHI: Godrej Properties (GPL) has acquired a 48-acre land parcel through outright purchase in Doddaballapur, North Bengaluru. The development on this land will primarily comprise plotted units with a development potential of 1.1 million sq ft. Gaurav Pandey, MD & CEO of the company said, "This investment reinforces our focus on expanding our presence in key growth corridors through wellplanned residential communities. Bengaluru continues to be a priority market for us."
MUMBAI: Borrowing costs at India's two most rate-sensitive sectors - property and automobiles - are set to head South soon after the central bank Friday made its steepest rate cut since March 2020 and promised ample liquidity in the shape of the lowest cash reserve ratio (CRR) on record. The Nifty Realty index surged nearly 5%, even dwarfing gains for financial stocks, reflecting the likely impact of the big-bang policy moves on home purchases. Home, personal, and car loans tied to external benchmarks, such as the repo rate, will see an immediate downward reduction. However, loans tied to the ...Read More >
Mumbai, Jun 30 (PTI) Godrej Properties has acquired a 43-acre land parcel in Panipat, Haryana and is expecting a revenue of more than Rs 1,250 crore through the sale of residential plots. In a regulatory filing on Monday, Godrej Properties informed that it has "acquired 43 acres of land for a plotted development that will have a revenue potential in excess of Rs 1,250 crore." The company did not disclose the deal value. This will be the company's first project in Panipat and fourth residential plotted township in North India. The land is located in Sector 40, Panipat. This project will cont ...Read More >
Godrej Properties announced its expansion into Raipur by acquiring 50 acres for a premium plotted residential project near Old Dhamtari Road. The development will offer approximately 9.5 lakh square feet of saleable area, benefiting from strong infrastructure and connectivity. The company aims to strengthen its presence in emerging real estate markets and develop a quality township. Shares of Godrej Properties are set to be in focus on Thursday, July 17, after the Mumbai-based developer announce ...Read More >
Bengaluru : The land offers a development potential of approximately ~ 1.1 million square feet of residential plotted development Godrej Properties Ltd. (GPL), (BSE scrip id: GODREJPROP), one of India's leading real estate developers, today announced the acquisition of a ~ 48-acre land parcel through outright purchase in the fast-growing micro-market of Doddaballapur, North Bengaluru. This acquisition further solidifies GPL's footprint in North Bengaluru. The land is located in a strategic and highly potential area near the Satellite Town Ring Road (STRR). The development on this land will p ...Read More >
Nagpur: Warrior king Chhatrapati Shivaji Maharaj belonged to the entire country, but British history tried to confine him as a regional icon, said BJP leader and Rajya Sabha MP Sudhanshu Trivedi, who was in Nagpur on Friday to attend an event marking the 351st anniversary of Shivaji Maharaj's coronation. Trivedi told TOI at the event organized by Shivaji Maharaj Kruti Samiti that Shivaji Maharaj's contribution in 'safeguarding' the southern part of India from Mughal invasion must not be forgotten.Trivedi said, "Shivaji Maharaj belonged to all of us, entire country. Unfortunately, the British p ...Read More >
Mumbai, Jul 6 (PTI) Non-bank lender Godrej Capital's assets under management have grown to about Rs 18,000 crore, and the company is targeting to close FY26 at over Rs 25,000 crore, a top official has said. Over the next two years -- FY27 and FY28 -- it plans to nearly double the AUM to Rs 50,000 crore, its managing director and chief executive Manish Shah told PTI. The company, in which parent Godrej Industries owns over 90 per cent stake, has sufficient capital right now as most of the capital committed by the group has already come in, he said. "Until such time as we list, the capital wi ...Read More >
Aizawl: The Archaeological Survey of India (ASI) has officially declared the ancient menhirs of Lianpui village in Mizoram's Champhai district, as a 'monument of national importance'. The announcement, made on July 14, follows a public notification issued on February 9 under the Ancient Monuments and Archaeological Sites and Remains Act, 1958. As no objections were received during the two-month notice period, the notification was finalised. Ready for a challenge? Click here to take our quiz and show off your knowledge! The menhirs -- upright stone memorials featuring intricate carvings -- a ...Read More >
New Delhi, Jul 19 (PTI) Delhi Chief Minister Rekha Gupta celebrated her 51st birthday in her ancestral village, Nandgarh, in neighbouring Haryana on Saturday. Prime Minister Narendra Modi and other top Union ministers and BJP leaders greeted Gupta, born on July 19, 1974, on her first birthday after becoming the chief minister in February. "Best wishes to Delhi Chief Minister, Smt. Rekha Gupta ji, on her birthday. Rising through the ranks, she has always remained active in serving Delhi. As Chief Minister, she has undertaken numerous initiatives for the city's welfare. May she be blessed with ...Read More >