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Godrej Properties gains on acquiring land parcel in Chennai with Rs 500 crore revenue potential
Godrej Properties rose 2.47% to Rs 1875.75 after the company announced the acquisition of a 47-acre land parcel through an outright purchase which is located off Old Mahabalipuram road (OMR), one of the fast-growing micro markets in South Chennai.
Godrej Properties buys 47-acre land parcel in Chennai; eyes Rs 500 cr revenue
Godrej Properties has made a significant step by purchasing a 47-acre land parcel in South Chennai. The intended development of residential plots is projected to yield an impressive Rs 500 crore in revenue. This acquisition responds to the surge in demand for well-organized living spaces in the region, enhancing Godrej's position in Chennai's property scene and supporting its wider growth objectives.
Godrej Properties acquires 47-acre land parcel in South Chennai
With estimated revenue potential of Rs 500 cr
Lucina Land Development reports standalone net loss of Rs 33.27 crore in the March 2026 quarter
Sales reported at Rs 0.44 crore
Godrej Properties shares in focus after buying Chennai land parcel for ₹500 crore topline potential
The site is well-connected via OMR and provides access to key employment hubs across the Siruseri-Kelambakkam corridor, including SIPCOT and emerging nodes such as Vandalur, Guduvanchery and the wider Mahabalipuram region.
Corporate giants turn to urban regeneration as redevelopment race intensifies
India's largest corporate houses are increasingly focusing on urban regeneration, shifting real estate focus from land acquisition to redevelopment. Giants like Reliance, Adani and JSW are aggressively bidding for projects involving old housing colonies and slum rehabilitation in Mumbai.
Puravankara gains on inking JDA for Bengaluru land parcel with Rs 1,000 crore GDV
Puravankara added 2.64% to Rs 217.80 after it has entered into a joint development agreement (JDA) for a 6.4-acre land parcel in Sarjapur, Bengaluru, with an estimated gross development value (GDV) of around Rs 1,000 crore.
Puravankara inks joint development for 6.4-acre land in Bengaluru’s Sarjapur
Puravankara has inked a joint development deal for a 6.4-acre plot in Bengaluru's Sarjapur, projecting a Rs 1,000 crore Gross Development Value. This residential project, spanning 0.8 million sq ft, bolsters the developer's pipeline, contributing to a Rs 5,200 crore GDV from Q1 FY27 acquisitions. The company emphasizes its commitment to high-growth markets like Bengaluru, strategically securing land with strong infrastructure and employment prospects.
Puravankara shares gain after it enters joint development deal for 6.4 acre land parcel in Bengaluru
The said corridor in Bengaluru has emerged as a preferred destination for IT professionals and homebuyers seeing quality housing, supported by limited availability of organized residential projects from reputed developers, Puravankara's statement read.
Puravankara announces joint development of 6.4 acre land in Sarjapur, Bengaluru
With estimated gross development value of Rs 1,000 cr
Why clean land records are key to India's property market
States are rapidly digitizing land records to streamline India's complex property market. This move aims to curb disputes, speed up transactions, and boost credit access by creating transparent, integrated ownership data. Buyers, homeowners, developers, and banks stand to gain significantly from enhanced efficiency and reduced risks. While not a magic bullet for all disputes, this modernization is a crucial step for economic growth and improved ease of doing business.
Telangana Government, SBI Reach Amicable Solution Over Land Row
SBI officials said further action would be taken after obtaining the approval of their board.