Godrej Properties receives board approval to raise up to ₹6,000 crore for growth strategies.

Godrej Properties, an Indian real estate developer, has received board approval to raise ₹6,000 crore through various securities, including equity shares and debentures. The funding will support growth strategies and may be raised via public or private offerings, pending shareholder approval. The company aims to boost its sales bookings, having recorded ₹22,527 crore last fiscal year and targeting ₹27,000 crore for the current year.