Godrej Properties acquires land in Gurugram

26 Sep 2023 CW Team

On June 22, 2023, the sale deed for a 14.8-acre land parcel near Daulatabad village in Gurugram's Sector 103 was executed in the name of Godrej Vestmark LLP. The transaction involved a stamp duty payment of Rs 28.21 crore. However, there has been no immediate response from Godrej or Microtek regarding this development.

Godrej, a Mumbai-based real estate company, confirmed the land acquisition through an outright purchase in a filing to the stock exchanges on September 22. The company did not disclose the revenue potential of the project to be developed on the newly acquired land.

In November 2022, Godrej acquired two adjacent land parcels measuring 12.4 acres in Noida for Rs 377 crore. These parcels, located in Noida's Sector 146, will be used for residential group housing projects.

Previously, in December 2022, Godrej had purchased nine acres of land in Gurugram through an outright purchase for a premium residential project. Additionally, Godrej Properties is involved in developing luxury homes with a revenue potential of Rs 3,100 crore at Golf Course Road in Gurugram.

Godrej Properties, a subsidiary of the Godrej Group, is a prominent real estate developer, primarily focusing on residential projects in Delhi-NCR, Mumbai Metropolitan Region (MMR), Bengaluru, and Pune.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..