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Godrej Properties partners group firm for Mumbai housing project

Realty major Godrej Properties has signed an agreement with Godrej & Boyce for developing a premium housing project on the group firm's land parcel at Vikhroli, Mumbai.Godrej Properties, a part of the Godrej Group, would act as development manager and get 10 per cent of the total revenue generated from this project as a service fee.Godrej Properties has entered into "an agreement with Godrej & Boyce...
Source : Ndtv |
Category : Others

Godrej family acquires Bhabha's bungalow for Rs 372 cr

SystemReport stated that Pheroza Godrej, wife of Jamshyd Godrej, bid for the property on behalf of the family.The family of Jamshyd Godrej, chairman of Godrej & Boyce Manufacturing Co Ltd, has acquired Dr Homi J Bhabha bunglow Meherangir for Rs3.72bn, according to reports.The Godrej family has bought the bungalow for their own use, stated media reports.There are reports that NCPA will seek the charity...
Source : Indiainfoline |
Category : Business

Godrej Properties raises Rs 700 cr via rights issue

Realty firm Godrej Properties has raised Rs 700 crore by selling fresh shares to existing shareholders through a rights issue.In a filing with the Bombay Stock Exchange, Godrej Properties said the Rights Issue Committee of the board has allotted 21,538,388 shares at Rs 325 per share to the successful applicants.Godrej Properties - the realty arm of Godrej Group - had said last week that its Rs 700...
Source : Business Today |
Category : Business | City : New Delhi

Birth centenary of Late Dosabai commemorated through award

the occassion of the birth centenary year of Late Dosabai Godrej-Naoroji, the Pirojsha Godrej Foundation yeasterday announced the Dosabai Godrej-Naoroji Award for Compassionate Care The daughter of Pirojsha Burjorji Godrej, Dosabai devoted her life to serving one and all with a great deal of her warm and caring presence and helped pave their way to recovery. On this occasion, Mr. Jamshyed...
Source : Webindia123 |
Category : Headlines

Foresee realty turaround if NDA comes to power: Adi Godrej

Godrej Properties, the real estate development arm of the Godrej Group, on Monday announced a new residential township project in Bengaluru.Godrej Properties has added several new projects. We feel if we have a growth-oriented government the general sentiment in the real estate sector will improve dramatically.suggests the NDA government would be growth-oriented if they come to power, says Adi Godrej,...
Source : Moneycontrol |
Category : Business

Realty business may become group's biggest venture in 10 years: Godrej

diversified group Godrej says its fast growing realty estate business could become the biggest venture for the conglomerate in the next 10 years."The real estate business is growing much faster than our other businesses. In next 10 years, it will be one of our bigger businesses. Its possible it might become the biggest business," Godrej Group chairman Adi Godrej told PTI here.Godrej Properties, the...
Source : Ndtv |
Category : Others

Godrej buys back 49% from Red Fort

Godrej Properties, a real estate development company, has bought back the 49 per cent stake it had sold in a Calcutta subsidiary to private equity firm Red Fort India Real Estate Babur.Godrej Properties had sold the stake in Godrej Developers Pvt Ltd to Red Fort in 2008 in a deal valued at just over Rs 20 crore.Red Fort had bought 15,968 equity shares of Rs 10 each in Godrej Developers Pvt Ltd (GDPL)...
Source : Telegraphindia |
Category : Business | City : Mon

Godrej Consumer Products promoter entity buys Rs 86-crore shares

Promoter entity Godrej Industries on Tuesday bought 11.50 lakh shares worth over Rs 86 crore of Godrej Consumer Products Ltd through open market.The shares were purchased from another GCPL promoter firm, Godrej And Boyce Mfg Co, according to the block deal information with the BSE.GCPL shares were bought by Godrej Industries at an average price of Rs 749.8, valuing the transaction at nearly Rs 86.23...
Source : Ndtv |
Category : Others

Supreme Court order a major relief for private developers

eastern suburbs, whose residential projects were stalled for nine years. Godrej & Boyce's 133 acres in Vikhroli will be the biggest beneficiary of the Supreme Court's order on Thursday."It's a good order. This parcel is part of our Vikhroli property. It will now be developed by Godrej Properties,'' Godrej Group chairperson Adi Godrej told TOI.The 116-year-old conglomerate is perhaps the largest private...
Source : Times Of India |
Category : City | City : Thiruvananthapuram

Objective is to reach minimum 8% growth by FY16: Adi Godrej

Godrej, chairman of the over $4 billion FMCG-to-real estate conglomerate, Godrej Group, is highly optimistic of the new government and expects quick redressals and maximum governance under the able leadership of the new Prime Minister, Narendra Modi. Godrej strongly feels the new government is on a stronger wicket and has an open mind to take India to new highs. In conversation with Ashish K Tiwari,...
Source : DNA |
Category : National
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