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Propmyna Khabri
posted on 13 MayGodrej Properties Secures ₹1000 Crore Funding for Gurugram Expansion
Hey Gurugram property hunters and investors! Ever wonder if there'll be enough quality options to go around in our bustling city? Well, get ready because Godrej Properties just secured a massive ₹1000 crore funding from institutional investors specifically for expanding here! They're looking to acquire new land and develop premium residential projects. This sounds like a huge commitment to Gurugram's future. In your opinion — is this positive or negative for buyers?
#Gurugram#funding#investment#new-project
Comments
Godrej Properties ka track record kaisa hai Gurugram mein specifically? On-time possession dete hain ya delays hote hain? This is more important than just funding. A big name is good, but delivery matters most to a first-time buyer.
RERA is key! Agar RERA clear nahi hai toh it's a huge red flag for first-time buyers. What about possession dates for
Haan, they are from Mumbai, started in 1990. Reputable group, no doubt about their financial strength. But for Gurugram projects, always check their specific RERA registration status and past project timelines. Have they even registered any new projects under RERA yet with this funding, ya abhi tak sirf land acquisition ki baat hai?
Generally, Godrej ka name acha hai, Mumbai se hain na, established bhi 1990 se hain. But Gurugram mein thoda slow rehte hain delivery mein, heard that from a friend who booked with them in Sector 85.
Honestly, this 'funding' news usually means prices will go even higher. Builders get more money, land prices shoot up, and us buyers end up paying the premium. For me, it feels negative. The market is already so hot in Gurugram.
Exactly what happened when a big builder announced a new project near Basai. Prices jumped almost 15% in a quarter even before the official launch, just on speculation. My budget went completely out the window for that area. This funding will definitely have a similar effect.
So true! Any idea what kind of per sqft rates we can expect from Godrej now, post this funding news? Will it be 15k+ easily?
Totally agree. Gurugram mein already prices sky-high hain, especially for anything decent. This will just add fuel to the fire. Current market conditions are already tough for us to even think about buying a 2BHK.
Wow, ₹1000 crore funding for Godrej in Gurugram! This is huge news, right? Finally, some serious investment coming into our city. I was worried about the lack of good, reliable projects, but this sounds promising. Maybe we'll see better quality construction and more options for first-time buyers like me.
Quality options? Or just another set of 'luxury' apartments starting at 2 Cr? For first-time buyers like us, 'premium' usually means 'out of reach'. This funding might just push the average price even higher, making it tougher for the middle class.
Exactly! I'm hoping they target areas like Airport Road extension or near new infrastructure developments. The growth there is insane, but genuinely good projects are scarce and get snapped up quickly. More supply from a big name like Godrej could be good.
Haan bhai, quality toh chahiye, but budget ka kya? Premium sunke hi darr lagta hai ki kahin prices aur na badh jayein. For us first-time buyers, affordability is key.