Godrej’s booming Q1 and appraisal for new projects worth ₹15,000 Crore

Godrej Properties aims to add new projects worth Rs 15,000 cr in FY’23

Godrej Properties Ltd. (GPL), after witnessing a “solid” first quarter in the front of sales, is ready to raise ₹15,000 worth of new housing projects, either by purchasing land or by merging with landowners. The company’s Q1 success beholds a 25% total of its yearly goal, inheriting sales of ₹2,520 Crore out of expected ₹10,000 Crore. A recent project has been added by the company in Nagpur comprising 58 acres with 1.5 million sq. ft. saleable area.

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Vishvasni Chand

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