The Mumbai-based real estate firm, on March 15, has announced acquisition of 7.5 acres of land (0.8 million square feet saleable area, residential) in North Bangalore for a consideration of Rs 60 crore. Given high IRR (internal rate of return), the brokerage house views this deal favorably, and it thinks this could lead to bigger… Read More »
Mumbai-based real estate company Godrej Properties Ltd is planning to enter the plotted land development business to expand its footprint and brand presence to more cities. The company is actively scouting for large land parcels on the outskirts of Bengaluru, Pune and the National Capital Region (NCR), a senior executive said. The new business will… Read More »
Real estate developer BPTP is in the process of selling its land parcel in Gurgaon to Godrej Properties. The 20-acre land along the Dwarka Expressway is valued at around Rs 350 crore, said two persons familiar with the development. “Both the companies are in the final stages of the deal,” said one of the persons… Read More »