Godrej Properties Acquires 12 Land Parcels to Develop Rs 234 Billion Projects

18 Feb 2025 CW Team

Godrej Properties acquired 12 land parcels between April and December of this financial year to develop housing projects worth Rs 234 billion. The company plans to acquire more land in the ongoing quarter to expand its business amid strong consumer demand. Godrej Properties secures land both through outright purchases and partnerships with landowners under its new business development strategy. During the third quarter of this financial year, the company signed new projects with a total booking value potential of nearly Rs 110 billion. The overall business development surpassed £230 billion in the April-December period. In its latest investor presentation, Godrej Properties stated that it has added 12 projects with a total estimated saleable area of 169 lakh sq ft and a "total estimated booking value potential of Rs 234 billion" during the April-December period. When asked about future land acquisitions, Pirojsha said the pipeline remains strong, with ongoing discussions with landowners across multiple cities. He further noted that the company could reach the Rs 300 billion mark in new business development for the current financial year. Godrej Properties is among the country’s top real estate developers. In the group housing segment, it has a strong presence in the Mumbai Metropolitan Region (MMR), Pune, Delhi-NCR, and Bengaluru. The company has recently entered Hyderabad. For plotted developments, Godrej Properties is open to expanding into Tier-II cities.

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..