Godrej Properties acquires 10 land parcels for Rs 210 Bn projects

21 May 2024 CW Team

Godrej Properties has strategically acquired 10 land parcels during FY24, paving the way for projects worth Rs 210 billion. This aggressive expansion underscores the company's robust growth strategy in the real estate sector. The acquisitions span various key locations across India, positioning Godrej Properties to capitalise on diverse market opportunities and enhance its market presence.

The acquisitions mark a significant step towards Godrej Properties' ambitious growth trajectory, aimed at bolstering its project pipeline and geographical footprint. With a focus on sustainable and innovative development, the company aims to deliver high-quality residential and commercial projects that meet evolving market demands. This move aligns with Godrej Properties' commitment to excellence and customer-centric approach, ensuring value creation for stakeholders and enhancing shareholder confidence.

These strategic acquisitions not only bolster Godrej Properties' land bank but also strengthen its capabilities to execute large-scale projects efficiently. By leveraging its extensive experience and expertise in real estate development, the company is poised to capitalise on emerging opportunities in India's dynamic property market. As it continues to expand its portfolio, Godrej Properties remains dedicated to delivering landmark developments that contribute positively to urban landscapes and communities nationwide.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..