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Kartik Aaryan Invests in Alibaug Property Joins Bollywood EliteOne of the top real estate developers in India, Godrej Properties, is aiming high for FY2025-26. To support its next stage of expansion, the company is aggressively seeking opportunities to acquire prime land.
Executive Chairperson Pirojsha Godrej stressed that the company has the confidence to invest in high-value land parcels throughout major cities thanks to its capital strength, which was reinforced by last year's qualified institutional placement (QIP).
Strategic Land Acquisitions Driving Growth
In the first quarter of FY2025-26, Godrej Properties acquired five land parcels in Mumbai, Pune, Bengaluru, and Panipat.
With these additions, the company is well on its way to achieving its annual target of ₹20,000 crore worth of project additions by the second or third quarter of this fiscal year.
Over the last financial year (FY2024-25), the company had already secured 14 land parcels across cities such as MMR, NCR, Pune, Bengaluru, Kolkata, Ahmedabad, and Indore, unlocking an estimated ₹26,500 crore in potential revenue.
Recent wins include:
A 16-acre site in Upper Kharadi, Pune with an estimated value of ₹3,100 crore, which lifted the company’s share price by 2%.
A high-profile Hyderabad (Kukatpally) land parcel, expected to generate ₹3,800 crore in revenue.
Strong Financial Performance
Godrej Properties has consistently reinforced its market leadership with record-breaking sales.
FY2024-25 Sales: The company booked ₹29,444 crore, marking a 31% increase over the previous year.
Q1 FY2025-26 Performance:
Net Profit rose 15% YoY to about ₹600 crore.
Pre-sales stood at ₹7,082 crore, lower than last year due to a high base and modest launch delays.
Despite this dip, the company reaffirmed its full-year sales target of ₹32,500 crore.
Expansion Roadmap
Looking ahead, Godrej Properties plans to launch ₹40,000 crore worth of new housing projects in FY2025-26, signaling its confidence in India’s booming real estate demand.
To fund its growth pipeline, the company is also preparing its largest-ever bond issue of around ₹2,000 crore, which will increase total bond borrowings to ₹4,500 crore.
Land Registry Rules 2025: A New Era of Digital Property Registration in India
- Fully Digital Registration
Property registrations will now happen completely online.
No more long queues or physical visits to government offices.
- Aadhaar & Biometric Verification
To avoid fraud, Aadhaar and fingerprint verification will be required during registration.
This ensures the buyer and seller are genuine.
- One National Property Database
All property records across the country will be stored in a single digital system.
Makes it easy to verify ownership and reduces chances of dispute.
- E-Signatures & Instant Updates
Documents can be signed electronically.
Parties will receive real-time status updates on their registration process.
- Transparent Pricing System
Property values will follow a standardized and fair pricing model.
Helps avoid price manipulation and confusion.
- Quick Dispute Resolution
A new system will be set up to handle property disputes efficiently.
Focuses on fast and fair resolutions.
- Rural Access Made Easy
Even people in remote villages can access the system online.
Designed to be user-friendly and inclusive.
Rollout Plan
The system will be implemented in phases throughout 2025 to ensure smooth transition.
- Benefits to the Public
- More transparency in property dealings
- Faster processes and reduced paperwork
- Stronger security against fraud
- Inclusive access for all regions
- Cost savings from reduced travel and documentation
- Standard pricing ensures fairness
- Live tracking of registration status
- Less legal hassle through quick resolution of conflicts
Gokhale Constructions Bags Prime Land in Punes Model Colony for Rs 311 Cr Unveils Ultra Luxury Vision
In a landmark deal that’s set to reshape Pune’s premium real estate landscape, Gokhale Constructions, one of the city's most reputed developers, has acquired 3.5 acres of prime land in Model Colony for a staggering Rs. 311 crore. The land, earlier owned by Seth Hirachand Nemchand Smarak Trust, sits at the heart of Pune, making it one of the most valuable and strategically located acquisitions in recent memory.
16 Lakh Sq. Ft. of Ultra-Premium Real Estate
This isn’t just another real estate development—it’s a bold, transformative vision. Gokhale Constructions plans to build a 16 lakh sq. ft. mixed-use development combining luxury residences and high-end retail spaces. With an estimated revenue potential of Rs. 2,500 crore, this project is poised to redefine upscale living in Pune.
- Starting price of residences: Rs. 7 Cr onwards
- Luxury retail & lifestyle experiences on-site
- Dedicated 51,000 sq. ft. modern hostel facility
- Revamping of existing Jain temple to enhance community heritage
- This multi-dimensional project uniquely blends heritage, luxury, and modern urban convenience—making it not just a home, but a lifestyle destination
A Legacy of Trust and Scale
Founded by Vishal Gokhale, a first-generation entrepreneur, Gokhale Constructions is no stranger to ambitious, high-quality developments:
- 200+ residential projects completed
- 5000+ families housed in central Pune
- Currently developing 2 million sq. ft. of residential and 3 million sq. ft. of commercial real estate
- Now actively entering Mumbai’s ultra-prime market, with deals underway
Source-Pune Pulse
PCMCs Demolition Drive Sparks Protests as Town Planning Schemes Loom in Chikhali Kudalwadi
The Pimpri-Chinchwad Municipal Corporation (PCMC) has come under fire from residents after the demolition of over 4,500 unauthorised structures in Chikhali-Kudalwadi. The aggressive drive, carried out as part of the civic body's efforts to reclaim land and initiate organised development, is linked to the launch of proposed Town Planning (TP) schemes in the area.
The PCMC has notified plans for two major TP schemes—one spanning 380 hectares in Chikhali-Kudalwadi and another covering 1,425 hectares in Charholi. These schemes are a part of the city's overall vision for orderly urban development, which seeks to solve the issues created by unorganised development and unauthorised buildings.
But the civic body's action has sparked mass unrest among residents, many of whom say they were not provided with adequate notice or alternative arrangements before their houses and buildings were razed. The situation escalated last week when a group of angry locals staged protests, shouting slogans and burning copies of the notification in a show of defiance.
Residents allege that the TP schemes disproportionately favour builders and developers at the cost of ordinary citizens who have lived in the area for years. The incident underscores the complex challenges that come with urban expansion, balancing civic planning with the rights of those directly affected.
As Pimpri-Chinchwad continues to grow, the success of these TP schemes may depend not just on the plans themselves, but on how well authorities can engage with, reassure, and include the communities they aim to transform.
Source: The Indian Express