Page 21 - Godrej Properties

Godrej Properties buys RK Studios for an undisclosed sum

Spread across 2.2 acres, the developer can build approximately 33,000 square meters (approximately 0.35 million square feet) of saleable area

Godrej Properties sold 2,900 flats for over Rs 2,100 cr during Q4 FY19

The January-March quarter of 2018-19 was Godrej Properties' best ever quarter for bookings

Godrej realty PE arm to raise new fund focused on co-working, data centres

Godrej Fund Management (GFM), real estate private equity arm of Godrej Group, is thinking of raising a fund in 2019, to invest in "sunrise" segments such as co-working spaces and data centres."We are looking to expand in new assets on the income generating side," said Karan Bolaria, chief executive and managing director at Godrej Investment Advisors. He did not divulge the size of the corpus to be raised.Property consultancy Knight Frank estimates that co-working operators accounted for 1.27 million sq ft of office leasing in the first half of 2018. This is close to a 200 per cent increase over the first half of 2017. GFM has funds focused on residential property and on office and commercial property. Bolaria said they were also considering floating a real estate investment trust (Reit) for commercial properties. "In the next 24 months, once we have a portfolio of three to five million sq ft, we will have a reasonable size to take it to a Reit," he said.Embassy Office Parks, a joint ..

Godrej-Hero Cycles join hands to develop commercial project in Gurugram

The JV would develop, lease, and manage around 1 million square feet of prime office and retail space on the 4-acre property

Godrej Properties net debt down 51% in 1 yr to Rs 15.39 bn on better sales

The net debt of Gordej Properties -- the real estate arm of Godrej group -- stood at Rs 15.39 billion as on September 30, 2018 as against Rs 31.37 billion a year-ago

Godrej Properties extends rally on robust Q4 results; stock hits new high

The stock hit a new high of Rs 917, up 8%, extending its past two days 8% surged after the company reported an over two-fold jump in its consolidated net profit at Rs 1.41 billion in Q4FY18.

GIC firm to put in Rs 10 billion in Godrej Properties: Pirojsha Godrej

The investment company will have a stake of 5 percent in the company post allotment of shares

Godrej Properties Q4 net more than doubles to Rs 1.41 mn on robust sales

Total income also rose sharply by 84% to Rs 8.48 billion from in the fourth quarter of the last financial year

Apart from 91% volume jump, new projects to keep Godrej Properties going

After 91% volume jump this year, new projects should help maintain the momentum

Godrej Properties sells 2 lakh sq ft office space for Rs 7 bn in Mumbai

Godrej Properties is currently developing about 150 million sq ft area across 67 projects

Godrej Properties H1 sales bookings beat blues, jump 3-fold at Rs 2,809 cr

Of the total sales bookings, Godrej said the commercial segment contributed Rs 275 crore and almost all of it in Godrej BKC project in Mumbai

Godrej Properties Q2 profit soars 91% to Rs 44 cr

The realty firm net profit stood at Rs 23 cr in the year-ago period

Godrej Properties boosts its product pipeline

Consolidation & execution helping it to add projects, increase sales

Godrej Properties signs JV for residential project in Bengaluru

It is the company's fifteenth project in Bengaluru

Godrej Properties FY17 sales booking down 60% at Rs 2,020 cr

Net debt increases to Rs 3,499 crore as on March 31, 2017 from Rs 2,894 crore

Godrej Properties' stock hits 52-week high

Godrej Properties sold over 1,000 apartments across three new project launches

Godrej Properties sells 1,000 apartments across 3 new projects

Company looks to build on its momentum in the coming months

Godrej Properties rallies 14% on heavy volumes

The company said that it has sold over 1000 apartments across three new project launches since March

Taj, Godrej Properties to jointly develop luxury hotel in Mumbai's Vikhroli

Taj hotel will manage this property offering about 150 guest rooms and suites

Adi Godrej chairman emeritus in major reshuffle at Godrej Properties

Pirojsha Godrej to be new executive chairman and Mohit Malhotra to be new MD and CEO