Godrej Properties Delivers Stellar Q1 Performance
Godrej Properties Limited (GPL) has announced a robust financial performance for the first quarter of the fiscal year, marked by a substantial surge in both net profit and sales bookings. The company’s consolidated net profit soared to ₹520 crore, a staggering 316% increase compared to the same period last year.
Samsung renews lease for 4 lakh sq ft office space in Bengaluru at an annual rent of over ₹50 crore
In a move that solidifies Bengaluru’s position as a premier destination for tech giants, Samsung has secured a renewed lease for a sprawling 402,000-square-foot office space in the city’s Bagmane Goldstone Tower. This extended five-year commitment, effective June 4th, 2024, signifies Samsung’s long-term vision for its Bengaluru operations. The lease
Anvita Group takes up Rs 2,000-cr mega residential realty project
Anvita Group, a real estate developer based in Hyderabad, has announced an ambitious new project: a Rs 2,000 crore mega residential complex named “Ivana” situated in Kollur. Spread over nearly 13 acres, the project will be undertaken in two phases to cater to varying needs and budgets. The first phase
BMC can spare five acres of Mulund octroi land for Dharavi redevelopment
The Brihanmumbai Municipal Corporation (BMC) has ignited a fresh wave of debate in Mumbai’s ongoing Dharavi redevelopment saga. The civic body has offered to allocate five acres of land from the 18-acre Mulund octroi naka land parcel to the project. This proposal comes despite facing resistance from a section of
BAF and RERI sign MoU to spread awareness amongst homebuyers in Bengaluru
To strengthen Bengaluru’s real estate market, BAF and RERI at IIM Bangalore partner to deliver educational programs, knowledge-sharing initiatives, and community engagement activities to empower homebuyers. In a move that aims to empower homebuyers and foster a secure real estate environment in Bengaluru, the Bangalore Apartments’ Federation (BAF) and the
Godrej Properties acquires seven acres land in Bengaluru
Godrej Properties expands its footprint in Bengaluru’s booming residential market by acquiring land for a high-end apartment project in the city’s north zone. In a move that underscores Bengaluru’s booming residential real estate market, Godrej Properties, a major player in the Indian developer scene, has acquired a seven-acre plot in
Delhi Municipal Corporation Speeds Up Development Projects in Villages
The Municipal Corporation of Delhi (MCD) is accelerating efforts to complete a significant number of infrastructure projects launched earlier this year under the ‘Dilli Gramodaya Abhiyan’ initiative. This initiative focuses on improving living conditions in Delhi’s rural and urbanized villages. The Municipal Corporation of Delhi (MCD) is ramping up its