Godrej Properties Sells Flats Worth Rs.26.90 Bn

10 Apr 2024 CW Team

Godrej Properties, a leading real estate developer, has reported sales amounting to ?26.90 billion from its latest housing project. This achievement underscores the strong demand for residential properties despite market challenges.

The sales performance reflects the resilience of the residential real estate market, which has witnessed steady demand despite economic uncertainties. Factors such as low-interest rates, favourable government policies, and pent-up demand have supported homebuyers' interest in property investments.

Godrej Properties' successful sales in its new housing project demonstrate the company's ability to adapt to changing market dynamics and meet customer preferences. The developer's focus on delivering high-quality residential spaces continues to attract buyers seeking value and comfort in their investments.

Overall, the substantial sales achieved by Godrej Properties in its latest housing project highlight the resilience and potential of the Indian real estate market. Despite challenges, the sector remains buoyant, driven by strong fundamentals and the inherent aspiration for homeownership among Indian consumers.

Infrastructure Energy

19 Sep 2025

J&K CM Rules Out Power Privatisation, Focuses on Sector Reform

Jammu and Kashmir Chief Minister Omar Abdullah has dismissed speculation regarding privatisation of electricity in the Union Territory, emphasising that his priority is to strengthen and reform the power sector.“We are not discussing privatisation. By reducing losses, improving billing efficiency, and enhancing revenue, there will be no need for it. My vision is to strengthen and reform the power sector in J&K,” Abdullah stated.He addressed the gathering at the 58th Engineers’ Day at SKICC on Monday evening, an event honouring Bharat Ratna Sir M Visvesvaraya for his pioneering contri..

Mumbai’s Sassoon Dock to Get Tech-Driven Modernisation with Finland

The Maharashtra government, in collaboration with Finland, will modernise Mumbai’s historic Sassoon Dock using advanced technology, state minister Nitesh Rane announced on Wednesday.Rane met a delegation of Finnish officials and representatives of Finnish companies at the dock to discuss strategic plans for upgrading the facility in south Mumbai, according to an official statement.Built in the 19th century, Sassoon Dock is one of Mumbai’s oldest and busiest fishing harbours. Operations currently exceed its original capacity, raising concerns over hygiene, odour, fish handling standards, an..

Agarwal Industrial Wins Rs 3.3 Billion IOCL Bitumen Tender

Agarwal Industrial Corporation rose 3.84 per cent to Rs 945.65 after announcing it had secured a prestigious tender from Indian Oil Corporation (IOCL) worth Rs 3.3 billion.In a regulatory filing during market hours, the company confirmed it had won the tender to supply Bulk Bitumen (VG-30 and VG-40 grades) to IOCL’s Kakinada locations.The firm quantity under the award totals around 60,500 tonnes across 11 parcels, while the optional quantity is approximately 33,000 tonnes across six parcels. This brings the total awarded quantity to roughly 93,500 tonnes. At current market prices, the firm o..