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Noida authority auctions land parcels to Godrej Properties, VRC construction
Noida Authority has successfully auctioned two prime land parcels in Sector 151 for residential projects, fetching a total of Rs 666 crore from Godrej Properties and VRC Construction. This development, coupled with the upcoming Noida International Airport and robust infrastructure, is fueling significant growth in the region. Experts predict substantial increases in property values over the next two years, underscoring Noida's burgeoning real estate market.
Oberoi Realty to Lodha, Godrej Properties: Real estate stocks decline up to 4% after BMC's construction water ban
BMC's water restrictions have led to selling pressure on real estate stocks, including Macrotech and Oberoi Realty. The measures aim to conserve water amid low reservoir levels, causing concerns about delays and disruptions in construction projects across Mumbai.
Godrej Properties partners Tata Projects for Rs 1,100 crore luxury construction contracts in Gurugram
Godrej Properties has awarded Tata Projects construction contracts worth ₹1,100 crore. These projects are for three luxury residential developments on Gurugram's Golf Course Road. This marks the largest single construction contract for Godrej Properties. The collaboration aims to enhance execution quality and delivery timelines. Tata Projects brings its large-scale execution capabilities to these premium projects.