+
Godrej Properties on land-buying spree for housing projects
Real Estate

Godrej Properties on land-buying spree for housing projects

Real estate company Godrej Properties will buy many land parcels this fiscal year with sales revenue potential of about 150 million after development in an effort to capitalise on the robust home demand. Godrej Properties was highly aggressive in its land purchase strategy during the most recent fiscal year, adding 18 additional land lots with a 320,000 million dollar post-development sales potential.

In response to a question regarding the FY24 guidance for new business development, which includes outright land purchases and joint development agreements (JDAs) with landowners, he stated that the amount has now been set at $150,000 million in this fiscal.

Real estate company Godrej Properties will buy many land parcels this fiscal year with sales revenue potential of about 150 million after development in an effort to capitalise on the robust home demand. Godrej Properties was highly aggressive in its land purchase strategy during the most recent fiscal year, adding 18 additional land lots with a 320,000 million dollar post-development sales potential. In response to a question regarding the FY24 guidance for new business development, which includes outright land purchases and joint development agreements (JDAs) with landowners, he stated that the amount has now been set at $150,000 million in this fiscal.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code