Godrej Properties, a leading real estate developer in India, has made a significant move by acquiring a prime land parcel in Versova, Western Mumbai. The Rs 1350 crore project marks the company's first venture into the Versova area, further solidifying its presence in the bustling real estate market of Mumbai.
Real EstateGodrej PropertiesVersovaMumbaiSustainable DevelopmentReal EstateApr 05, 2025
The total cost of Godrej Properties' Versova project is Rs 1350 crore.
The Versova project will include a mix of residential apartments, commercial spaces, and lifestyle amenities.
The Versova project will incorporate features such as solar panels, rainwater harvesting systems, and waste management solutions to ensure a sustainable living environment.
The Versova project is expected to contribute significantly to the economic growth of the area by creating job opportunities and attracting investments.
The MD & CEO of Godrej Properties is Gaurav Pandey.
The West Bengal government has withdrawn the temporary relief measures provided to the real estate sector, including a 2% reduction in stamp duty and a 10% slash in the circle rate, effective from July 1.
Real estate consultant Square Yards reports a 6% increase in residential property registrations in Noida and Greater Noida, with a total of 8,128 units registered in the July-September quarter of 2024.
Pune: A real estate agent, Pradip Sawant (31), from Sukhsagarnagar, sustained injuries after his friend accidentally misfired a pistol at an open plot off Gangadham Chowk-Kondhwa Road on Saturday evening.
Mumbai's ongoing water crisis has intensified as tanker owners' strike halts operations, leaving residential and commercial buildings without non-potable water for several days. The real estate industry is also feeling the severe impact of the shortage.
Get a sneak peek at the newly opened Siddhivinayak Metro Station in Mumbai, a significant addition to the city's metro network that promises to enhance connectivity and boost local real estate.
Mumbai police's Economic Offences Wing (EOW) has arrested Ramesh Shah and his son Rahul Shah of Radius Sumer Developers for allegedly cheating 78 flat buyers out of Rs 35.7 crore in a failed housing project in Mazagaon.