Page 8 - Godrej Properties

Godrej Properties seeing reasonable valuations in JVs, says chairman

Pirojsha Godrej says company will look at both organic and inorganic opportunities for growth, is bullish on medium and long-term prospects for residential real estate

Godrej Properties posts Rs 20.23 cr loss in Q1; income dips to Rs 195.66 cr

Total income also declined to Rs 195.66 crore in the first quarter of the fiscal, from Rs 713.84 crore last year

Godrej Properties, Oberoi Realty eye bigger share despite market slump

Godrej Properties is prepared to withstand the downturn in the sector and capture opportunities that arise due to the crisis, said its chairman Pirojsha Godrej in the company's latest annual report

DIC India zooms 16% on receiving first tranche of payment for land sale

Shares of Godrej Properties also rose as much as 3.32 per cent on the BSE

Homebuyers enjoy clear-cut financial gain with deferred payment plans

Ensure the price isn't higher than a construction-linked plan

Central banks may be forced to sell gold; India at risk: Chris Wood

According to reports, official gold reserves in India totaled 653 tonnes at the end of March 2020, while those in Saudi totaled 323 tonnes.

Adani, GMR among firms keen on revamping Nellore, Tirupati railway stations

Both stations will be redeveloped in PPP mode and based on the design, build, finance, operate transfer (DBFOT) model

Godrej Properties Q4 PBT falls 23% on five-fold spike in raw material cost

Revenue up 10%, firm claims it posted its best-ever quarterly performance in terms of value of real estate sold

Won't cut flat price after lockdown is lifted: Godrej Properties MD

In a Q&A, Mohit Malhotra says his firm used technology to boost sales during lockdown and explains how consolidation in the industry will help the company once the curbs are lifted

Lockdown woes: Property developers bank on online tools to generate sales

March quarter has already seen a 30 per cent drop in residential sales and the whole year is expected to see a similar drop in sales and generating sales is crucial to developers

New launches help Godrej Properties end Q4 on a high note despite lockdown

Bookings at Rs 2,380 cr were twice that of the October-December period, 10% higher than year-ago quarter as firm used online sales heavily to post highest ever quarterly sales

Godrej Properties buys 44 acres of land in Haryana's Faridabad from BPTP

Godrej Properties has entered the Faridabad property market with the acquisition of this land parcel

We have a strong launch pipeline: Godrej Properties MD Mohit Malhotra

Mohit Malhotra, managing director of the company, tells Business Standard how the company is going ahead with its plans

Godrej Properties purchases 3 acre land in Mumbai for Rs 153 crore

Godrej Properties has bought about 3 acre land parcel in Mumbai from DIC India Ltd for Rs 153 crore. The company said in a statement that ithas "entered into an agreement to purchase land in the upcoming & fast developing micro-market of Chandivali, Mumbai." Spread across about 3 acres, this project will offer 0.45 million square feet of saleable area primarily comprising residential apartments with a small amount of retail space. Separately, DIC India said in a regulatory filing that its boardhas approved the sale of land located atChandivali. The consideration of this land parcel is up to Rs 153 crore to be paid in three tranches, the filing added. Earlier this month, Godrej Propertiesacquired nearly 27 acre land parcel in the national capital for Rs 1,359 crore to develop luxury housing project.

Realty uptick: Top rated companies see bookings rise 2% to Rs 5,800 cr

Sales bookings of DLF, Sobha, Puravankara, Prestige Estates, Brigade Enterprises, Mahindra Lifespace Developers, Godrej Properties, Oberoi Realty and Kolte Patil have been taken into account

Godrej Properties buys 27 acre land in Delhi for luxury housing project

This is Godrej Properties' second project in Delhi after the launch of Godrej South Estate in Okhla in 2019

NGT quashes eco-clearance for Godrej residential project in Bengaluru

NGT was hearing a plea by Bengaluru resident against the construction of Godrej Reflections at Kasavanahalli village

Market Wrap, Feb 3: Sensex gains 137 pts, Nifty ends above 11,700

Market breadth remained in favour of declines as out of 2,645 companies traded on the BSE, 966 advanced and 1,495 declined while 184 remained unchanged

Godrej Properties surges 10%, erases Budget day losses on strong Q3 results

The management said the ongoing consolidation in the sector provides Godrej Properties a tremendous opportunity to drive market share growth in residential real estate.

Piramal Realty to foray into development management biz, value housing

Under development management, a developer takes care of the design, construction, marketing, and sales of a project for a fee from the original landowner/developer