Godrej Properties is planning to invest around Rs 7,500 crore over the next 12-18 months on acquisition and development of new real estate projects. The planned investments will be in mix of equity and debt. Also, the company intends to enter Hyderabad in a big way and not just for development of one or two projects. Besides, the company is likely to achieve an all-time high sale bookings in the 2021-22 financial year, beating the last year's record of Rs 6,725 crore.
Godrej Properties is a realty firm of Godrej group and it is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Currently, their business focuses on residential, commercial and township developments.
