Page 20 - Godrej Properties

Top headlines: Wipro Q2 profit dips, GoAir pilots stop P&W engine mid-air

From Wipro reporting decline in Q2 profit year-on-year, Godrej Properties buying land in Bengaluru to J&J pausing Covid vaccine, Business Standard brings you top news of the evening

Godrej Properties to maintain growth; new launches treble in 6 years

Falling operating cash flows could make it difficult to meet return on equity target, say analysts

Oberoi, Godrej Prop to gain most from Maharashtra stamp duty cut: Analysts

After Maharashtra, analysts expect more states slash stamp duty rates. According to Jefferies, the state governments to watch out for will be Karnataka (Bangalore) and Haryana (Gurgaon)

Godrej Properties, DLF: How to trade real estate stocks post stamp duty cut

Price-volume trend indicates a further upside for realty stocks

Top realtors see spurt in take-over proposals for stressed office projects

So far, there were opportunities in stalled residential projects for top developers like Godrej Properties

Collections, cash flows of top-3 realtors hit in Q1 as buyers stay away

Construction grinds to a halt in April and May; realtors, analysts expect improvement in coming quarters

Godrej Properties seeing reasonable valuations in JVs, says chairman

Pirojsha Godrej says company will look at both organic and inorganic opportunities for growth, is bullish on medium and long-term prospects for residential real estate

Godrej Properties posts Rs 20.23 cr loss in Q1; income dips to Rs 195.66 cr

Total income also declined to Rs 195.66 crore in the first quarter of the fiscal, from Rs 713.84 crore last year

Godrej Properties, Oberoi Realty eye bigger share despite market slump

Godrej Properties is prepared to withstand the downturn in the sector and capture opportunities that arise due to the crisis, said its chairman Pirojsha Godrej in the company's latest annual report

DIC India zooms 16% on receiving first tranche of payment for land sale

Shares of Godrej Properties also rose as much as 3.32 per cent on the BSE

Homebuyers enjoy clear-cut financial gain with deferred payment plans

Ensure the price isn't higher than a construction-linked plan

Central banks may be forced to sell gold; India at risk: Chris Wood

According to reports, official gold reserves in India totaled 653 tonnes at the end of March 2020, while those in Saudi totaled 323 tonnes.

Adani, GMR among firms keen on revamping Nellore, Tirupati railway stations

Both stations will be redeveloped in PPP mode and based on the design, build, finance, operate transfer (DBFOT) model

Godrej Properties Q4 PBT falls 23% on five-fold spike in raw material cost

Revenue up 10%, firm claims it posted its best-ever quarterly performance in terms of value of real estate sold

Won't cut flat price after lockdown is lifted: Godrej Properties MD

In a Q&A, Mohit Malhotra says his firm used technology to boost sales during lockdown and explains how consolidation in the industry will help the company once the curbs are lifted

Lockdown woes: Property developers bank on online tools to generate sales

March quarter has already seen a 30 per cent drop in residential sales and the whole year is expected to see a similar drop in sales and generating sales is crucial to developers

New launches help Godrej Properties end Q4 on a high note despite lockdown

Bookings at Rs 2,380 cr were twice that of the October-December period, 10% higher than year-ago quarter as firm used online sales heavily to post highest ever quarterly sales

Godrej Properties buys 44 acres of land in Haryana's Faridabad from BPTP

Godrej Properties has entered the Faridabad property market with the acquisition of this land parcel

We have a strong launch pipeline: Godrej Properties MD Mohit Malhotra

Mohit Malhotra, managing director of the company, tells Business Standard how the company is going ahead with its plans

Godrej Properties purchases 3 acre land in Mumbai for Rs 153 crore

Godrej Properties has bought about 3 acre land parcel in Mumbai from DIC India Ltd for Rs 153 crore. The company said in a statement that ithas "entered into an agreement to purchase land in the upcoming & fast developing micro-market of Chandivali, Mumbai." Spread across about 3 acres, this project will offer 0.45 million square feet of saleable area primarily comprising residential apartments with a small amount of retail space. Separately, DIC India said in a regulatory filing that its boardhas approved the sale of land located atChandivali. The consideration of this land parcel is up to Rs 153 crore to be paid in three tranches, the filing added. Earlier this month, Godrej Propertiesacquired nearly 27 acre land parcel in the national capital for Rs 1,359 crore to develop luxury housing project.