Key Points
acquired six new land parcels in the July-September quarter to develop. housing projects. worth Rs 9,650 crore as part of its expansion plan amid strong demand..
To expand the housing business, Godrej Properties acquires land through outright purchases as well as forming partnerships with landowners for joint development...
In its latest operational updates for the July-September quarter, Godrej Properties said it has added 8 new land parcels in the first six months of this fiscal with a total estimated saleable area of about 11 million square feet and total estimated booking value potential of around Rs 12,650 crore...
Gaurav Pandey, MD & CEO, Godrej Properties, said, "Our business development additions of Rs 12,650 crore in April-September will ensure that we continue to have a strong launch pipeline not just for the current year but for years to come"...
During the last fiscal, Godrej Properties sales bookings jumped 84 per cent to a record Rs 22,527 crore from Rs 12,232 crore in the preceding year...
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Godrej Properties acquires 3-acre land in Ahmedabad to build housing project worth Rs 1,300 cr
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