Page 18 - Godrej Properties

Godrej Properties' shareholders approve raising up to Rs 3,750 cr

Realty firm Godrej Properties on Monday said the company's shareholders have approved the company's proposal to raise up to Rs 3,750 crore through issue of securities.

Godrej Properties emerges as highest bidder for two plots in Navi Mumbai

Spread over nearly 1.5 acres, this project will offer approximately 400,000 square feet of development potential

Godrej Properties buys land worth Rs 166 cr for residential proj in Mumbai

Realty firm Godrej Properties Ltd has bought around 1.5 acre land parcels for Rs 166 crore in Mumbai to develop a residential project

Godrej Properties to Sobha, realty firms line up launches in March quarter

Godrej Properties, part of Godrej Group, has lined up 12 launches in Mumbai, the National Capital Region, and Bengaluru

Goal is to deploy more capital in this market, says Pirojsha Godrej

It is challenging, but the team is doing very well and these launches are in different cities, said Godrej

Godrej Properties plans to raise Rs 3,750 crore via QIP for land parcel buy

Looks to raise Rs 3,750 crore; board has cleared proposal for fundraise

DLF, Sobha: A good time to buy real estate and related stocks, say analysts

Analysts, however, suggest investors remain selective on realty stocks and buy only where there is revenue visibility and a credible promoter backing

Godrej Properties expects Q4 FY21 to be 'blockbuster' in launches, sales

Godrej Properties will launch 12 housing projects during this quarter to expand business as it targets to clock record sales bookings this fiscal year

Godrej Properties Q3 results: Net profit tanks 70%; total income down 38%

The current quarter witnessed a total booking value growth of 25 per cent to Rs 1,488 crore

Realty firm Godrej Properties' Q3 profit dips 69% to Rs 14.35 crore

During April-December period of the 2020-21 financial year, Godrej Properties clocked a net profit of Rs 2.19 crore, registering a sharp drop from Rs 168.13 crore in the year-ago period

Stock picks by Nilesh Jain of Anand Rathi: Buy Hero Moto, Colgate Palmolive

The volume in Colgate Palmolive stock was higher than average on January 11 which supports the price action and we can expect the upside momentum to continue

Maharashtra move to cut construction premiums to lower project costs by 17%

However, developers peg the benefit at 6 to 7 per cent after passing on stamp duty costs to buyers

DLF, Oberoi Realty: Strategy for realty stks as Maharashtra halves premiums

The Maharashtra government has slashed premiums and levies charged on construction by 50 per cent, till December 31

Realty shares rally as Maha govt slashes premium for construction by 50%

Sobha, Indiabulls Real Estate, Sunteck Realty, Oberoi Realty and Godrej Properties surged between 5 per cent and 7 per cent on the BSE.

Top real estate developers see more consolidation coming in 2021

Although residential sales faced a majot set back in Q2, they made a comeback with help of pent up demand

Acquisitions, launch pipeline offer Godrej Properties revenue visibility

Muted near term cash flows, increase in debt and valuations to cap upside

Godrej Properties hits record high after it buys land parcel in Bengaluru

The Mumbai-based real estate developer said it has bought 18-acre land parcel to develop a residential project in Whitefield, Bengaluru

Godrej Properties buys 18-acre land in Bengaluru to build housing project

Realty firm Godrej Properties has bought an 18-acre land parcel in Bengaluru to develop a housing project, as part of its expansion plan

Realty shares rebound after FM announces measures to boost sector

Godrej Properties, Oberoi Realty, Prestige Estates and Brigade Enterprises from the Nifty Realty index were up 1 per cent each, recovering by upto 2 per cent from their respective intra-day's low.

Godrej Properties Q2 net drops 80% to Rs 7.1 crore on Covid-19 impact

The company's total income fell 37 per cent at Rs 250.23 crore in Q2FY21 from Rs 395.11 crore a year ago