Tag: godrej properties

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Godrej Properties Buys 34 Acres in Vadodara

NEW DELHI: Godrej Properties (GPL), based in Mumbai, has purchased 34 acres of land in Vadodara. This land will primarily feature plotted residential units, providing an estimated saleable area of 900,000 sq ft. This acquisition marks GPL’s second land purchase in Gujarat within the last year. In October 2024, the company previously obtained a three-acre parcel in Vastrapur, Ahmedabad. Recently, the company also acquired a 48-acre land parcel through direct purchase in Doddaballapur, Bengaluru, which will mainly consist of plotted units with a potential development area of 1.1 million sq ft. Published On Jul 31, 2025 at 11:14 PM IST…

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Lodha, Oberoi Realty Shares Drop Up to 6% After Block Deals

NEW DELHI: Oberoi Realty and Lodha Developers experienced significant block deals totaling USD 395 million (Rs 3,412 crore) on the stock exchanges, resulting in a decrease in the shares of both real estate giants by up to 6 percent on Wednesday. The transactions, conducted through open market exchanges, involved the sale of institutional stakes in each firm. In the case of Oberoi Realty, around 11 million equity shares, or 3 percent of the company’s total, were sold for USD 230 million (Rs 1,987.02 crore) at a floor price of Rs 1,753.20 per share, indicating a 4 percent discount from the…

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Godrej Properties COO and Mumbai CEO Resign

NEW DELHI: Godrej Properties has announced major leadership changes with the resignations of two senior executives: Vikas Singhal, the Chief Operating Officer, and Priyansh Kapoor, Zonal CEO of the Mumbai Metropolitan Region (MMR). As per the company’s regulatory filing, Kapoor’s resignation will take effect at the close of business on July 18, 2025, and he will be succeeded by Amitesh Shah, who will take on the role of Zonal CEO – MMR from July 19, 2025. Shah has been with the company since 2011 and most recently served as the regional head for MMR 1. Meanwhile, Singhal’s resignation as COO…

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Godrej Properties Acquires 48 Acres in Bengaluru

Representative image NEW DELHI: Godrej Properties (GPL) has secured a 48-acre land parcel in Doddaballapur, North Bengaluru, via outright purchase. The planned development will mainly consist of plotted units, boasting a development potential of 1.1 million sq ft. Gaurav Pandey, MD & CEO of the company stated, “This investment emphasizes our aim to bolster our presence in crucial growth corridors with well-planned residential communities. Bengaluru remains a key market for us.” Additionally, the company recently acquired 50 acres of land in Raipur, set to include primarily plotted residential units with an estimated saleable area of 9.5 lakh sq ft. Published…

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Godrej Properties buys 50 acres in Raipur

Representative image created by AI NEW DELHI: Godrej Properties (GPL) has acquired 50 acres of land in Raipur, which will primarily feature plotted residential units with an estimated saleable area of 9.5 lakh sq ft. Gaurav Pandey, MD & CEO of the company, stated, “This acquisition marks another significant step in our expansion journey as we aim to strengthen our presence in emerging real estate markets across India. It strategically aligns with our goal of entering high-growth cities through plotted developments.” Recently, the company secured an additional 43 acres of land for a plotted development in Sector 40, Panipat, with…