Godrej Plans Rs 12.5 Billion Plotted Township in Panipat

02 Jul 2025 CW Team

Godrej Properties Ltd has entered the Panipat market with a 43 acre residential plotted scheme in Sector 40, its fourth such venture in North India. The land, bought at auction for about Rs 1.6 billion, will host roughly 9.5 lakh sq ft (1.02 million sq ft) of plotted development, offering around 420 plots. The company pegs the project’s revenue potential at more than Rs 12.5 billion.

Managing Director and Chief Executive Officer Gaurav Pandey said the project aligns with the builder’s strategy of widening its plotted development footprint. “Haryana has long been a key market for us. Our Panipat entry will set a new benchmark for quality living in the city,” he noted.

The new scheme follows the firm’s recent success in Bengaluru, where it sold over 1,450 flats in the Godrej MSR City township for upwards of Rs 20 billion. MSR City has a total potential of about 5.6 million sq ft, with significant inventory still to be launched.

Market data from consultant Anarock show housing sales in India’s seven largest cities fell 20 per cent year on year in the April–June quarter, to about 96,285 units from 120,335 a year earlier. However, a three per cent quarter on quarter rise hints at recovering momentum amid easing domestic uncertainties and a more supportive monetary stance.

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..