Godrej Properties Q4 profit up 14%; revenue down 13% to ₹1,426 cr
The company’s adjusted EBITDA in the March quarter of FY24 declined by 2% at 40.99% as against 46.02% in the corresponding period of FY23.
The company’s adjusted EBITDA in the March quarter of FY24 declined by 2% at 40.99% as against 46.02% in the corresponding period of FY23.
With more pilgrims and spiritual seekers visiting holy cities, spiritual tourism and retail are benefitting the most from the increased footfall, says CBRE report
The acquisition, costing ₹468 crore along with a revenue share, will result in a large-scale project covering 10 million sq ft of saleable area.
The real estate major has raised over ₹13,000 crore of capital in the last 36 months.
The Godrej Group stock jumped 3.5% to touch a fresh 52-week high of ₹2,524 today after it unveiled a plan to develop a township project in Bengaluru.
As China continues to suffer under the weight of a collapsing real estate market, JLL weighs in on the risks and the opportunities, and where India stands.
Marquee global names rush to invest in commercial real estate as economy picks up.
One of the major anticipations by the real estate industry is the tax relief that could potentially increase demand and opportunities in the housing market.
The main reason people buy in real estate now (44%) has emerged to be capital appreciation rather than lifestyle modifications.
Record sales in residential segment and an office boom stoke investor interest for that extra yield.