Godrej Properties to unveil Rs 80 billion housing project in Delhi

29 Nov 2022 CW Team

Godrej Properties aims to generate Rs 80 billion in sales income from its upcoming launch of a premium housing project at Ashok Vihar in the national capital in the March quarter.

For Rs 13.59 billion, Godrej has purchased a nearly 27-acre plot of land in the national capital in February 2020 with plans to build luxury apartments.

Rail Property Development Authority owned the piece of land. Godrej Properties Executive Chairman Pirojsha Godrej stated in an interview with PTI that the company is still awaiting the final approval before beginning construction and sales on its next housing project in Ashok Vihar.

Godrej Properties began construction on the tiny, opulent Godrej Connaught One property in May, next to Connaught Place in the heart of Delhi. It has already started a project in South Delhi's Okhla.

Godrej Properties is well-known in the Gurugram, Noida, and Greater Noida markets in Delhi-NCR. It has also spread to Sonipat, Faridabad, and Delhi.

Also read:
How is Godrej maximising customer value
Mindspace REIT net operating income increases 16% in Q2

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Real Estate

07 Jul 2026

Isprava Partners Courtside to Launch Luxury Padel Experience

Luxury home developer Isprava has partnered with Courtside, Mumbai's first padel social club, to launch The Isprava Court, integrating its design-led lifestyle proposition with one of the city's emerging sporting destinations.Located on the rooftop of Atria Mall in Worli, Courtside spans 20,000 sq ft and combines padel, wellness, hospitality and community experiences. Since opening in February 2026, the venue has positioned itself as a social hub for sports and lifestyle enthusiasts.The Isprava Court features curated brand elements, including bespoke court branding, branded nets, towels and ac..

Technology

07 Jul 2026

Kellton Tech, AEC Form JV to Drive GCC Energy Digitalisation

Kellton Tech EU, a wholly owned subsidiary of Kellton Tech Solutions, has formed a strategic joint venture (JV) with Kuwait-based Action Energy Company (AEC) to accelerate AI-led digital transformation across the Gulf Cooperation Council (GCC) energy sector.Under the agreement, AEC will hold a 51 per cent stake in the JV, while Kellton Tech EU will own the remaining 49 per cent. The venture has been established for an initial five-year term and will focus on delivering digital oilfield solutions, enterprise software, cloud computing, cybersecurity, enterprise resource planning (ERP), systems i..

Equipment

07 Jul 2026

Plant & Equipment Secures Funding to Expand Auction Business

Plant & Equipment (P&E), a global heavy equipment marketplace, has secured asset-backed financing to accelerate the growth of P&E Auctions, its auction business serving buyers and sellers across the Middle East, Africa and other international markets.The investment will be used to acquire physically inspected construction equipment, lifting machinery and commercial vehicles, enabling the company to provide minimum guarantees on assets sold through its auction platform.Launched in December 2023, P&E Auctions has expanded rapidly following the success of the company's online mark..