Godrej Properties Limited Acquires Land from CIDCO on a 60-Year Lease in Navi Mumbai for ₹717 Crore

Godrej Properties Limited has acquired three contiguous land parcels in Kharghar, Navi Mumbai, from CIDCO on a 60-year lease for ₹717 crore. The 6.54-acre land is designated for mixed-use residential and commercial development. With Navi Mumbai’s real estate market booming, thanks to the Atal Setu and the upcoming Navi Mumbai International Airport, this move highlights developer confidence in the region’s future growth. Read the full report on this significant land deal.

Mumbai MMR Housing Boom: Sales Value Soars 11%, Transactions Surge 5% in Q4 2024

Mumbai’s housing market continued its upward momentum in Q4 2024, with a significant 11% rise in registered home sales value and a 5% increase in transactions. Led by major developers like Lodha Group and Godrej Properties, the market benefited from growing infrastructure projects and a surge in high-value property investments.

Mumbai MMR Residential Market Sees Growth: Sales and Transaction Values Surge in September Quarter

Residential transactions in Mumbai’s Metropolitan Region surged by 7% in the September quarter, with sales value increasing by 10%. Godrej Properties topped the sales charts, while peripheral suburbs saw high demand for affordable homes.

Godrej Properties Wins Bid for Luxury Housing Plots in Gurugram

Godrej Properties Ltd. has secured two premium group housing plots in Gurugram through an e-auction by Haryana Shehri Vikas Pradhikaran (HSVP). The plots, one measuring 3.6 acres on Golf Course Road and the other 1.97 acres in Sector 39, have a combined bid value of INR 515 crore. They offer over 1 million square feet of development potential and an estimated revenue exceeding INR 3,400 crore. This acquisition expands GPL’s NCR portfolio, with four major projects now estimated to generate over USD 1 billion in revenue.

Pune Real Estate Market Sees 50% Surge in Registered Transactions; Average Home Sales Value Hits Record

Pune’s real estate market has witnessed a dramatic upswing, with registered transactions…