Godrej Properties has opted Ahmedabad to offer its affordable housing project. The company said that it has launched one bedroom-kitchen-hall apartments in the affordable segment at its upcoming Godrej Garden City in Ahmedabad. Read more...

Scarcity of land, rising property prices and high inventories has led to developers re-assess the espousal of redevelopment projects across Maharashtra as it helps enhance their cash balance towards funding other Greenfield real estate projects. Read more...

Godrej Properties said it hopes to launch a 6.5 mn sq ft residential project in Kolkata in the next two months once the final approval for the project is ready. The size of the apartments will be of around 3,500-10,000 sq ft, MD and CEO of the company, Pirojsha Godrej said. Read more...

The commercial building, located at Bandra-Kurla Complex will be spread on 1.3 mn sq ft and expected to complete by 2015.Godrej Properties, the real estate development arm of the Godrej Group launched the commercial project-Godrej BKC project worth Rs 2,000-2,500 crore. The commercial building, located at Bandra-Kurla Complex will be spread across 1.3 mn sq ft and is expected to completed by 2015. Read more...

A leader since its inception in 2008, PEBS Pennar with its erection India,s largest clear span pre-engineered building, has added another feather in its cap. Pennar Engineered Building Systems (PEBS Pennar), since inception in January 2008, is industry leader in the design, manufacture, supply, and installation of cost-effective pre-engineered steel buildings and building components for industries, warehouses, commercial centers, multistoried buildings, aircraft hangars, defense installations, a Read more...

Sensex shed a modest 0.42%, with real estate stocks declining sharply during this week. Barring Brigade Enterprises and Godrej Properties which managed to close in green, all other real estate stocks were down by 3% to 33%, with DB Realty, Purvankara Projects and Marg crashing to 33.82%, 12.84% and 10.61%, respectively. Read more...

It is necessary to sensitise the construction industry as well as the general public on the concept of a green home, as India is getting rapidly and haphazardly urbanised, said Praveen Kumar Soma, counsellor (green buildings), of Shorabji Godrej Green Business Centre of the CII in Hyderabad. Read more...

In a move that could be seen as nothing short of epoch making for the real estate sector, Finance Minister, P Chidambaram urged bankers to extend support towards real estate players who are buckling under a financial crisis. The sector has been in a financial quagmire of sorts and is seeking a liquidity supply in the market.The request comes at a time when commercial banks are not entirely keen towards lend their support to the real estate sector, further eroding the sectors appeal. Read more...

With the growing demand for quick commencement of infrastructure projects. Read more...

Sun-Apollo will invest up to $50 million in Bengaluru-based Sobha Developers's projects. Read more...