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Why Did RBI Impose Penalties on Godrej Housing, HUDCO and Aadhar Housing Finance?

Godrej Housing financing, Aadhar Housing Finance, and HUDCO were fined by the RBI for not following its housing financing guidelines. Inspections under the National Housing Bank Act led the RBI to cite erroneous loan appraisals, early interest charges, and poor risk management, etc.

By Admin

  • 8th Sep 2024
  • 1146 Views
India's Top Real Estate Companies Achieve Record INR 35,000 Cr Sales in June Quarter

In the June quarter, India's top 21 listed real estate developers sold approximately ₹35,000 crore in homes, with Godrej homes having the largest sales bookings. This strong result shows rising customer demand for premium properties.

By Admin

  • 3rd Sep 2024
  • 1137 Views
Godrej Properties Secures Strategic Land Parcels in Gurugram for Major Luxury Developments

Godrej Properties Ltd. (GPL) won an e-auction held by the Haryana Shehri Vikas Pradhikaran (HSVP) and successfully acquired two prime luxury group housing plots in Gurugram with a winning offer of ₹515 crore.

By Admin

  • 3rd Sep 2024
  • 1142 Views
The Chapter, an Isprava Company, to Invest INR 850 Crore in Developing Luxury Villas Across Key Leisure Destinations in India

The Chapter, a luxury vacation house developer supported by industry leaders including Nadir Godrej, Anand Piramal, and the Burman family of Dabur India, plans to spend around ₹850 crore. This project aims to build luxury villas in India's top leisure spots.

By Admin

  • 30th Aug 2024
  • 1176 Views
Godrej Properties and Sobha Secure Prime Land Parcels in Noida with Aggressive Bids

Godrej Properties and Sobha won three important land lots in a Greater Noida Authority auction. The auction saw strong participation, exceeding the reserve price of ₹738 crore with offers totalling ₹1,500 crore.

By Admin

  • 11th Aug 2024
  • 1170 Views
Godrej Family Office Sells Stake in Sobha for INR 858 Crore

Nearly half of the ownership in Bengaluru-based real estate developer Sobha was sold in block agreements for around ₹857.70 crore by a company owned by the Godrej Industries Group family office.

By Admin

  • 27th Jul 2024
  • 1179 Views
Godrej & Boyce Sells 58,500 sq ft Office Space in Vikhroli to Godrej Industries for INR 157 Crore

Godrej & Boyce Manufacturing Company sold an approximately 58,500 sq ft office across two floors in Godrej One, Vikhroli, Mumbai, to Godrej Industries for ₹157 crore. This is a significant Godrej Group real estate deal.

By Admin

  • 29th May 2024
  • 1263 Views
Godrej Eyes Development Opportunities on 1,000 Acres Valued at INR 1 Lakh Crore

Nearly a third of Godrej's extensive 3,000-acre land holdings, which have been part of the family assets since the early 1940s after acquisitions through government auctions and subsequent plot purchases, is poised for development.

By Admin

  • 8th May 2024
  • 1269 Views
Godrej Properties Set to Launch INR 30,000 Crore Worth of New Residential Projects

Godrej Properties, a significant real estate investor, plans to launch Rs 30,000 crore in residential projects in India's main cities this fiscal year. Due to strong demand, the firm wants to expand sales bookings by 20%.

By Admin

  • 7th May 2024
  • 1249 Views
Why Has Gurugram Become The New Favorite for India's Top Real Estate Developers?

In a symbol of Gurugram's rise as India's real estate capital, Godrej, Oberoi, Adani, and DLF have begun building luxury residential projects in the city. Prestige and Sobha are also competing in the city's property market, which is booming and attracting attention.

By Admin

  • 3rd Mar 2024
  • 1235 Views
Godrej Properties Acquires Prime Land in Rajendra Nagar, Hyderabad

Godrej Properties Ltd. (GPL) bought 12.5 acres in Rajendra Nagar, Hyderabad. This shows the Mumbai-based developer's commitment to growing in Hyderabad in the next years.

By Admin

  • 14th Feb 2024
  • 1299 Views
High Street Real Estate in India Growing Consistently

India will see rapid high-street retail growth. Leading developers including DLF, Godrej, Prestige group, Brigade enterprises, M3M, Omaxe, and the Dhillon Group will build three million square feet of retail complexes with open spaces over the next two to three years.

By Admin

  • 16th Jan 2024
  • 1309 Views
Godrej Properties Buys 4-Acre Land in Yeshwanthpur, Bengaluru

Godrej Properties Ltd. bought a 4-acre Bengaluru plot. The business aims to build a luxury housing estate on this property, selling apartments for Rs 1,000 crore.

By Admin

  • 9th Jan 2024
  • 1336 Views
India Real Estate Sector Dynamics - HSBC Forecasts Impact of Interest Rates and New Launches

HSBC rates Prestige Estates and Sobha 'buy' in Mumbai, DLF and Godrej Properties 'hold', and Oberoi Realty'reduce'. The brokerage company raised its share price predictions for several firms, indicating that interest rate swings and new projects would likely affect their profitability.

By Admin

  • 16th Dec 2023
  • 1311 Views
Godrej Properties Will Develop Godrej RKS on Raj Kapoor Bungalow Land at Chembur

Godrej Properties Limited (GPL), the Godrej Group's real estate company, will soon start building a 2 lakh-square-foot residential property. They bought Raj Kapoor (RK)'s Chembur home in February 2023.

By Admin

  • 26th Nov 2023
  • 1285 Views
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