Godrej records Rs 12.1 bn sales for two new buildings in Mumbai

19 Sep 2022 CW Team

Godrej Properties' two brand-new home developments in Mumbai have generated sales bookings worth Rs 12.1 billion. The business began construction on two new projects during the first quarter of current fiscal year: Godrej Ascend in Kolshet Road, Thane, and Godrej Horizon in Dadar, Wadala.

The company has altogether sold more than 700 residences accounting for an area of about 8.08 lakh sq ft for both projects.

In 2021–22, Godrej Properties recorded sales bookings of Rs 78.61 bn, and for the current fiscal year, it has set a target of Rs 100 bn.

During April to June 2022, its sales bookings increased five-fold to Rs 25.2 bn, which is the largest first quarter sales ever.

Also read:
MSR Ramaiah launches MSR North Towers in Bengaluru
Real estate investments may grow by 10% this year: study

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..