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

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..