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Ajmera Realty’s Bengaluru project launch sees strong festive sales
Green Theme Tech raises $6M to scale sustainable textile technology
Green Theme Technologies, Inc. (GTT), a leader in sustainable textile innovation, has successfully raised $6 million in Series C funding. The investment will help advance GTT’s EMPEL® high-performance, sustainable technology that eliminates harmful chemicals and reduces water usage in textile manufacturing. The round was led by Pangaea Ventures and Cottonwood Technology Ventures, two firms focused on supporting breakthrough innovations in materials science and sustainability. GTT’s PFAS-free, water-free treatments offer eco-friendly alternatives for the footwear, apparel, and military se..
Godrej Properties wins 7.5-acre plot for luxury development in Gurugram
Godrej Properties (GPL) has secured a 7.5-acre plot on Golf Course Road, Gurugram, through an e-auction conducted by the Haryana Shehri Vikas Pradhikaran (HSVP). The plot offers a development potential of over 1.7 million square feet for luxury residential apartments, with an estimated revenue potential of Rs 5,500 crore. This marks the 11th project acquired by GPL in FY25, taking its total business development value to Rs 22,950 crore, exceeding its annual target of Rs 20,000 crore. GPL’s recent growth is highlighted by strong sales bookings, with a five-fold increase in net profit to INR 3..
Godrej Summit buyers awarded compensation for missing amenities in Gurgaon
Flat buyers of Godrej Summit in Gurgaon, including Ravikant Bansal, Vivek Talwar, and Deepak Dhody, were compensated after the builder failed to provide promised amenities. The buyers had booked a Rs 2 crore flat, which was marketed with specific features like a 24-meter wide road access and full utilities. However, the project had multiple lapses, including a 10.06-meter road, water tankers, and power generators instead of consistent services. In a ruling on October 11, 2024, the National Commission ordered the builder to refund the entire amount along with 9% interest. The commission noted t..
