Corporate News     14-Feb-24
Godrej Properties acquires 12.5 acres of land in Hyderabad
For residential development with revenue potential of Rs 3,500 cr
Godrej Properties (GPL) announced that it has acquired ~12.5 acre of land in Rajendra Nagar in Hyderabad. Hyderabad is expected to be an important market for the Mumbai based developer in the years ahead. The land is located in a strategic and high-potential area in Rajendra Nagar. The development on this land is estimated to have a potential of ~ 4 million square feet of saleable area comprising primarily of premium residential apartments of various configurations with an estimated revenue potential of ~Rs 3,500 crore.

The project will cater to the aspirations of discerning home buyers in Hyderabad, who are looking for a high-quality living experience with modern amenities and design.Rajendra Nagar has a well-developed physical and social infrastructure with the presence of schools, colleges, hospitals, and retail outlets. The location offers connectivity to the Rajiv Gandhi International Airport and all major social and commercial hubs of Hyderabad city.

Previous News
  Barometers end with moderate losses; Realty shares decline
 ( Market Commentary - Quick Review 05-Sep-24   15:52 )
  Godrej Properties
 ( Results - Analysis 19-Nov-23   20:25 )
  Prestige Estates Projects Ltd Spurts 2.46%
 ( Hot Pursuit - 26-Sep-24   09:30 )
  Board of Godrej Properties to consider fund raising
 ( Corporate News - 26-Sep-24   10:54 )
  Godrej Properties spurts after booking value surges to Rs 9,500 cr in Q4
 ( Hot Pursuit - 09-Apr-24   16:59 )
  Volumes jump at Sobha Ltd counter
 ( Hot Pursuit - 04-Jan-24   11:00 )
  Godrej Properties Q3 PAT rises 6% YoY to Rs 62 cr
 ( Hot Pursuit - 06-Feb-24   17:22 )
  Godrej Properties allots NCDs aggregating Rs 1160 cr
 ( Corporate News - 20-Sep-23   13:16 )
  Godrej Prop forays into Hyderabad with 12.5-acre land parcel acquisition
 ( Hot Pursuit - 14-Feb-24   09:43 )
  Godrej Prop jumps after inking pact to develop township project in Bengaluru
 ( Hot Pursuit - 04-Mar-24   11:51 )
  Godrej Properties signs a large township project in North Bengaluru
 ( Corporate News - 04-Mar-24   09:38 )
Other Stories
  Gujarat Natural Resources to convene board meeting
  05-Oct-24   17:43
  Narmada Macplast Drip Irrigation Sys. to convene board meeting
  05-Oct-24   17:43
  Grill Splendour Services to conduct board meeting
  05-Oct-24   17:43
  Consolidated Construction Consortium to hold board meeting
  05-Oct-24   17:43
  Visagar Polytex to announce Quarterly Result
  05-Oct-24   17:42
  GNA Axles to convene board meeting
  05-Oct-24   17:42
  Fidel Softech to conduct board meeting
  05-Oct-24   17:42
  Rita Finance & Leasing announces board meeting date
  05-Oct-24   17:42
  Pelatro to conduct EGM
  05-Oct-24   17:36
  Thinkink Picturez to hold AGM
  05-Oct-24   17:35
Back Top