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Godrej Properties poised to exceed FY24 s Rs 15,000-crore project addition guidance: Chairman, ET RealEstate

Godrej Properties poised to exceed FY24 s Rs 15,000-crore project addition guidance: Chairman, ET RealEstate
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Godrej Properties poised to exceed FY24 s Rs 15,000-cr project addition guidance, says Chairman

Godrej Properties expects to surpass its business development guidance, driven by a robust deal pipeline and ongoing consolidation. The recent acquisitions in the Hyderabad property market and Bengaluru hold significant revenue potential. The company anticipates delivering its best-ever annual performance.

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Godrej Properties forays into Hyderabad, acquires 12 5-acre land parcel

The development on the land parcel, located in this strategic and high-potential area, is estimated to have a potential of over 4 million sq ft of saleable area with an estimated revenue potential of Rs 3,500 crore based on the current business assumptions.

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Godrej Properties sale bookings may rise to Rs 18k crore surpassing FY24 guidance: Pirojsha Godrej

India Business News: Godrej Properties reported an 11% increase in consolidated net profit to Rs 62.72 crore for the December quarter. Sales booking grew 76% annually to R

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Godrej Properties Q3 net profit up 6%, total income rise 43% on year

Sales bookings rose 76% from a year ago to Rs 5,720 crore during the quarter and 59% to Rs 13,008 crore in the first nine months of 2023-24. Booking value in the first three quarters was 106% of booking value for the entire 2022-23, which was the company s previous best-ever year.

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