Saturday, July 19, 2025

Creating liberating content

Oranges and other fruits with high levels of vitamin C

MUMBAI: HDFC Bank and ICICI Bank reported strong earnings growth

Chris Martin of Coldplay performs at the O2 Shepherd’s Bush

Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during

Related News

Oranges and other fruits with high levels of vitamin C boost the immune system and have anti-inflammatory properties. Oranges are rich in nutrients like vitamin B, magnesium, potassium, and copper.

MUMBAI: HDFC Bank and ICICI Bank reported strong earnings growth for the quarter ended June 2025, supported by a rise in both interest and non-interest income. However, both lenders flagged

Chris Martin of Coldplay performs at the O2 Shepherd’s Bush Empire on October 12, 2021 in London, England. Simone Joyner | Getty Images Entertainment | Getty Images Astronomer, the technology

Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. I-hwa Cheng | Afp | Getty Images Nvidia CEO Jensen Huang

Yes Bank on Saturday reported a 59% year-on-year rise in net profit to Rs 801 crore for the June quarter of FY26, buoyed by strong gains from treasury operations and

India’s global leadership in food safety and standard-setting received a boost at the 88th Executive Committee meeting of the Codex Alimentarius Commission (CCEXEC88), with its millet grain standards earning praise

Trending News

India’s global leadership in food safety and standard-setting received a boost at the 88th Executive Committee meeting of the Codex Alimentarius Commission (CCEXEC88), with its millet grain standards earning praise

HDFC Bank on Saturday declared its first-ever bonus issue, approving a 1:1 allotment ratio under which shareholders will receive one fully paid-up equity share of face value Rs 1 for

Mangalore Refinery and Petrochemicals Ltd (MRPL), a subsidiary of ONGC and a Schedule ‘A’ Mini Ratna Category-I company, on Saturday reported a consolidated net loss of Rs 272 crore for

Union Bank of India on Saturday reported a 12% rise in net profit to Rs 4,116 crore for the April–June quarter of FY26, compared with Rs 3,679 crore in the

ICICI Bank on Saturday reported a 15.9% year-on-year (YoY) rise in consolidated net profit to Rs 13,558 crore for the quarter ended June 2025, compared to Rs 11,696 crore in

HDFC Bank on Saturday reported a 1.31% decline in consolidated net profit to Rs 16,258 crore for the June 2025 quarter, down from Rs 16,475 crore in the year-ago period,

Godrej Properties expands land bank across India, taps Rs 26,500 crore potential through 14 land parcels

Word Count: 693 | Estimated Reading Time: 4 minutes


Godrej Properties expands land bank across India, taps Rs 26,500 crore potential through 14 land parcels
Pirojsha Godrej (File photo; credit- Godrej website)

NEW DELHI: Godrej Properties, one of India’s prominent real estate developers, acquired 14 land parcels across major cities during the 2024–25 fiscal year, with a total development potential of approximately Rs 26,500 crore.These acquisitions span key urban markets, including the Mumbai Metropolitan Region (MMR), Pune, Delhi-NCR, Bengaluru, Kolkata, Ahmedabad, and Indore, according to the company’s chairperson, Pirojsha Godrej.In an interview with PTI, Godrej said, “Last financial year, we added about Rs 26,500 crore worth of new projects, as against the guidance of Rs 20,000 crore. This fiscal, we are again giving guidance of Rs 20,000 crore. Quite likely, we will exceed this by a good margin.”Godrej Properties is actively expanding its land bank through outright purchases and strategic partnerships with landowners, a growing trend among developers seeking scale and long-term value creation.The company’s investor presentation outlines the specific acquisitions: three land parcels in Gurugram, two each in Greater Noida, MMR, Bengaluru, and Indore, and one each in Pune, Ahmedabad, and Kolkata. Notably, five land acquisitions in the Delhi-NCR region – three in Gurugram and two in Greater Noida – collectively hold a revenue potential of around Rs 14,000 crore, underlining the company’s bullish outlook on this high-growth market.“So overall, I am very happy with the company’s performance in 2024–25, and I think the key now is to maintain this momentum in the current financial year,” Godrej added.Riding on strong market sentiment and operational execution, Godrej Properties plans to launch new housing projects worth Rs 40,000 crore in the current fiscal year. This comes on the back of exceeding last year’s launch target of Rs 30,000 crore with actual launches totaling Rs 36,600 crore.For the 2025–26 fiscal, the company has set a sales bookings target of Rs 32,500 crore, a 20 per cent increase over last year’s guidance and 10 per cent higher than the Rs 29,444 crore achieved in 2024–25. This marks a 31 per cent growth over Rs 22,527 crore booked in the previous year.On the financial front, Godrej Properties reported a consolidated net profit of Rs 1,399.89 crore for FY 2024–25, a sharp rise of 93 per cent from Rs 725.27 crore in the preceding year. Total income also surged to Rs 6,967.05 crore, up from Rs 4,334.22 crore in 2023–24.





Source link

Most Popular Articles