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Godrej Properties eyes Rs 3,000 crore revenue from new luxury housing project in Gurugram

Realty firm Godrej Properties will soon launch a luxury housing project in Gurugram with an estimated revenue potential of around Rs 3,000 crore as it seeks to encash a rise in demand for premium residential properties.

The company will develop nearly 750 apartments in a 9.5-acre housing project ....

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gurugram: Godrej Properties eyes Rs 3,000 cr revenue from new luxury housing project in Gurugram

Godrej Properties gears up for a luxury housing project in Gurugram, estimating a Rs 3,000 crore revenue. Godrej Aristocrat will offer 750 apartments starting at Rs 4 crore each, already attracting over 1,200 potential buyers. Despite soaring prices, Gurugram s market remains strong. The firm targets a significant sales goal of Rs 14,000 crore this fiscal, eyeing launches in Delhi-NCR, Noida, Gurugram, and other key cities. Amid a 48% sales growth, its consolidated net profit rose by 22% to Rs 66.80 crore. ....

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Godrej Properties net debt up 17 per cent in Jul-Sep mainly to fund land acquisitions

Realty firm Godrej Properties net debt rose 17 per cent in the July-September quarter to Rs 6,174 crore mainly due to fund acquisition of land parcels.

According to its investors presentation, the net debt of Mumbai-based Godrej Properties stood at Rs 6,174 crore as on September 30, 2023. Its net ....

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