Godrej Properties partners with TDI group to develop housing project

15 Dec 2021 CW Team

On Monday, Godrej Properties Limited said that it has entered into a joint venture (JV) with TDI group to develop a luxury housing project at Connaught Place in Central Delhi.

In a regulatory filing, Godrej Properties notified that the housing project would have a development potential of approximately 1.25 lakh sq ft saleable area.

Godrej Properties said that it entered into a joint venture with the TDI group to create an ultra-luxury housing project in Connaught Place (CP), one of the most premium areas within the central business district of New Delhi.

Godrej Properties is building a housing project at Okhla, while it will shortly launch a luxury housing project at Ashok Vihar in Delhi. In the Delhi-NCR property market, the firm is additionally constructing numerous housing projects in Greater Noida, Noida and Gurugram.

Mumbai-based Godrej Properties is creating its presence across four main cities- Pune, Delhi-NCR, Mumbai Metropolitan Region (MMR), and Bengaluru. It is procuring land properties and entering into joint ventures with landowners to add projects for future growth.

Presently, the firm acquired a 16-acre land parcel in Bengaluru to build mainly residential properties.

Godrej Properties' sales bookings grew 18% to Rs 3,072 crore during the April-September 2021 period, caused by higher demand for its residential properties in Delhi-NCR.

The sales bookings reached Rs 2,605 crore in a similar period of the past financial year.

Godrej Properties reported a five-fold increase in its consolidated net profit to Rs 35.72 crore for the quarter ended September on higher earnings.

Its net profit reached Rs 7.10 crore in the previous year period.

The overall income grew to Rs 334.22 crore in the second quarter of this fiscal, from Rs 250.23 crore in the corresponding period of the previous year.

Godrej Properties, part of the business conglomerate Godrej Group, is one of the leading real estate developers in the nation.

As per the property consultant PropTiger, housing sales are expected to surge by 15-20% yearly during the current calendar year across eight significant cities on pent up demand and low-interest rates on home loans.

During the 2020 calendar year, sales had dropped 47% to 1,82,639 units from 347,586 units in 2019.

Image Source

Also read: Godrej Properties bags 7.5 acre land redevelopment project in Wadala
Also read: Godrej Properties gets Rs 575 cr from home sales in Noida project

On Monday, Godrej Properties Limited said that it has entered into a joint venture (JV) with TDI group to develop a luxury housing project at Connaught Place in Central Delhi. In a regulatory filing, Godrej Properties notified that the housing project would have a development potential of approximately 1.25 lakh sq ft saleable area. Godrej Properties said that it entered into a joint venture with the TDI group to create an ultra-luxury housing project in Connaught Place (CP), one of the most premium areas within the central business district of New Delhi. Godrej Properties is building a housing project at Okhla, while it will shortly launch a luxury housing project at Ashok Vihar in Delhi. In the Delhi-NCR property market, the firm is additionally constructing numerous housing projects in Greater Noida, Noida and Gurugram. Mumbai-based Godrej Properties is creating its presence across four main cities- Pune, Delhi-NCR, Mumbai Metropolitan Region (MMR), and Bengaluru. It is procuring land properties and entering into joint ventures with landowners to add projects for future growth. Presently, the firm acquired a 16-acre land parcel in Bengaluru to build mainly residential properties. Godrej Properties' sales bookings grew 18% to Rs 3,072 crore during the April-September 2021 period, caused by higher demand for its residential properties in Delhi-NCR. The sales bookings reached Rs 2,605 crore in a similar period of the past financial year. Godrej Properties reported a five-fold increase in its consolidated net profit to Rs 35.72 crore for the quarter ended September on higher earnings. Its net profit reached Rs 7.10 crore in the previous year period. The overall income grew to Rs 334.22 crore in the second quarter of this fiscal, from Rs 250.23 crore in the corresponding period of the previous year. Godrej Properties, part of the business conglomerate Godrej Group, is one of the leading real estate developers in the nation. As per the property consultant PropTiger, housing sales are expected to surge by 15-20% yearly during the current calendar year across eight significant cities on pent up demand and low-interest rates on home loans. During the 2020 calendar year, sales had dropped 47% to 1,82,639 units from 347,586 units in 2019. Image Source Also read: Godrej Properties bags 7.5 acre land redevelopment project in Wadala Also read: Godrej Properties gets Rs 575 cr from home sales in Noida project

Real Estate

03 Apr 2026

Loomcraft Enters South India with Kerala Store Launch

Loomcraft has launched its exclusive store in Kerala, marking its entry into South India and a key step in its nationwide expansion strategy. The move targets a region driven by tourism and premium real estate demand, where outdoor spaces play a central role in hospitality and residential experiences.Kerala’s growing base of luxury resorts, boutique hotels, villas and gated communities has created strong demand for specialised outdoor furniture. However, the region has remained underserved, with buyers relying on imports or generic products not suited to humid, coastal and monsoon-heavy cond..

Building Material

03 Apr 2026

Mild Steel Prices Seen Rising to Rs 61,000 Per Tonne

Mild steel prices in India, currently around Rs 58,000 per tonne, are expected to rise to nearly Rs 61,000 per tonne in April, indicating an increase of about Rs 3,000 per tonne. The anticipated rise reflects structural pressures driven by geopolitical tensions, energy constraints and limited raw material availability.Ongoing global conflict has disrupted energy markets, leading to LNG shortages that are affecting domestic steel production. Small and mid-sized manufacturers, particularly those dependent on gas-based processes, are witnessing production cuts due to constrained energy supply, re..

Infrastructure Urban

01 Mar 2026

Vedanta Expands Transgender Workforce to 75 Employees

Vedanta has strengthened its commitment to workplace inclusion by employing 75 transgender individuals across its businesses, including Vedanta Aluminium, Hindustan Zinc, Sesa Goa, FACOR and Cairn Oil & Gas. The initiative reflects sustained hiring efforts since 2022 to build equitable opportunities across operations, corporate and technical roles.Transgender employees are engaged in functions such as operations, finance, logistics, HR, CSR, healthcare and security, with provisions for internal mobility to support career progression. The company has implemented structured policies, includi..