Godrej Properties will hold a meeting of the Board of Directors of the Company on 31 July 2024.Powered by Capital Market - Live News

Godrej Properties announced that it has sold over 2,000 homes worth over Rs 3,150 crore in its project, Godrej Woodscapes, located in Whitefield-Budigere Cross, Bengaluru. This is Godrej Properties` most successful launch ever in terms of the value and volume of sales achieved and is the second launch with Rs 3,000 crore sales in the past three months. With the success of Godrej Woodscapes, GPL has achieved over 500% QoQ growth in sales in Bengaluru and has surpassed its full year FY24 sales in South India within the first quarter. Godrej Woodscapes marks the second launch with Rs 2000+ crore sales for Godrej Properties in the current quarter of Q1 FY25. It is also the sixth launch in the last 4 quarters to have sold inventory of over Rs 2,000 crore during launch. GPL had previously sold inventory of over Rs 2000 crore in Godrej Jardinia, Sector 146 Noida in Q1 FY25; Rs 3,008 crore in Godrej Zenith, Sector 89, Gurgaon in Q4 FY24; Rs 2,693 crore in Godrej Reserve, Kandivali, MMR also in Q4 FY24; Rs 2,667 crore in Godrej Aristocrat, Sector 49, Gurgaon in Q3 FY24 and Rs 2,016 crore in Godrej Tropical Isle, Sector 146, Noida in Q2 FY24. Powered by Capital Market - Live News

Godrej Properties announced the acquisition of ~7 acres of land in Thanisandra, North Bengaluru on an outright basis. The development on this land will comprise high-end residential project featuring premium residential apartments of various configurations. The proposed project is estimated to have a developable potential of ~ 9 lakh square feet with an estimated revenue potential of Rs 1,200 crore. Powered by Capital Market - Live News

Godrej Properties announced that it will develop ~11-acre land parcel in Hinjewadi, Pune. The development on this land will comprise primarily Group Housing & High Street Retail. The project will have a developable potential of ~ 2.2 million square feet with an estimated revenue potential of ~ Rs 1,800 crore. The land parcel is strategically located near the upcoming Megapolis Metro Station and offers good connectivity to Major IT hubs in Hinjewadi, Pune along with access to schools, hospitals, malls, restaurants, and premium hotels.Powered by Capital Market - Live News

Godrej Properties has allotted 15,491 equity shares under ESGS on 10 June 2024. Consequently, with effect from 10 June 2024, the issued, subscribed and paid up capital of the Company stands increased to Rs.1,39,02,84,825 consisting of 27,80,56,965 equity shares of Rs. 5 each. Powered by Capital Market - Live News