Godrej Expands in Bengaluru and Raipur with Land Buys

22 Jul 2025 CW Team

Mumbai-based listed developer Godrej Properties Ltd (GPL) has acquired a 48-acre land parcel in Doddaballapur, North Bengaluru, the company announced in a regulatory filing. The upcoming project is expected to offer a development potential of 1.1 million square feet, primarily through plotted residential development.

Located near the upcoming Satellite Town Ring Road (STRR), the land benefits from enhanced connectivity and proximity to Kempegowda International Airport, major industrial zones, and Nandi Hills. Doddaballapur is fast emerging as a sought-after real estate destination in North Bengaluru.

“This investment reinforces our focus on expanding in key growth corridors through well-planned residential communities,” said Gaurav Pandey, Managing Director and CEO of Godrej Properties. He added that the acquisition strengthens the company’s presence in a high-potential micro-market, aligning with its broader strategy for Bengaluru, a priority region.

In addition to this acquisition, GPL has announced its entry into Raipur with the purchase of approximately 50 acres of land for a plotted residential development project, offering an estimated saleable area of 950,000 square feet. The land is located near Old Dhamtari Road, a rapidly developing area with strong connectivity to Central Raipur, the railway station, and Swami Vivekananda Airport.

Earlier in June, the company unveiled plans for a premium residential project in Hoskote, East Bengaluru, on a 14-acre parcel, targeting 1.5 million square feet of saleable area with an estimated revenue potential of Rs 15 billion.

These acquisitions underscore Godrej Properties’ continued focus on expanding in high-growth urban corridors through strategic land investments and premium residential offerings.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..