Brands
Godrej Properties clocks Rs 1,000 crore plot blitz in Panipat debut
PANIPAT: Godrej Properties has stormed into Panipat with a Rs 1,000 crore-plus sales haul at the launch of its first plotted development in the city, underscoring fierce demand in emerging residential markets.
The developer sold more than 600 plots covering about eight lakh square feet at Evora Estate in Sector 40, Panipat, since its debut in December 2025. The project marks Godrej Properties’ most successful plotted development launch by sales value to date.
Spread across 43 acres along NH 44A, Evora Estate is styled on a Mediterranean theme and features a premium clubhouse and lifestyle amenities. It is the company’s first project in Panipat and its fourth plotted township in north India.
The strong uptake reflects Panipat’s rising appeal as a residential micro-market, driven by infrastructure upgrades, improved connectivity via NH-44 and a growing industrial base.
Godrej Properties MD and CEO Gaurav Pandey, said the response reaffirmed demand for “thoughtfully designed neighbourhoods” offering long-term value in fast-evolving cities, adding that the group would continue expanding its footprint across Haryana with a focus on sustainable, high-quality developments.
Brands
Burda Media sells BurdaLuxury to Jaipur Capital in Southeast Asia push
Deal hands regional media portfolio to Singapore investor eyeing luxury growth
MUMBAI: Burda Media has agreed to sell its Southeast Asia-focused business, BurdaLuxury, to Jaipur Capital, marking a strategic shift for both companies as they double down on their respective growth priorities.
The deal will see Jaipur Capital acquire BurdaLuxury’s media operations across Thailand, India, Singapore, Malaysia and Hong Kong. The portfolio spans content marketing and media brands in travel, luxury and aviation, giving the investor a ready-made regional footprint and a sizeable audience base.
Jaipur Capital plans to build on this foundation to create a premium media network in Southeast Asia, blending high-end editorial with scalable digital platforms. As part of the transaction, all BurdaLuxury employees, including its management team, will move to the new owner, ensuring continuity as the business enters its next phase.
For Burda Media, the sale is part of a broader strategy to sharpen its focus on core European markets while scaling investments in digital-first opportunities. The company will, however, maintain its interest in the region through Burda Principal Investments, its global growth capital arm.
“This transaction reflects our commitment to sharpening our international focus while ensuring that BurdaLuxury continues to thrive in Southeast Asia,” said Burda Media CEO Jan Wachtel, adding that Jaipur Capital recognises the strength of the brands and teams involved.
Jaipur Capital, meanwhile, is betting big on the region’s appetite for premium content. “This acquisition significantly strengthens our premium content ecosystem,” said Jaipur Capital director Vikas Johari. He highlighted the business’s strong digital tilt, with 46 per cent of revenues coming from online channels, alongside a diversified presence across five markets.
The numbers tell a compelling story. BurdaLuxury clocks 48 million annual page views and reaches more than 40 million followers on social media, with no single market contributing over a quarter of total revenues. Jaipur Capital now aims to expand these brands further into Indonesia, Vietnam and the Philippines, while also exploring opportunities in the Middle East, including the UAE and Saudi Arabia.
With this deal, Burda Media trims its global footprint to focus on depth over breadth, while Jaipur Capital steps onto a bigger stage in the premium content space. If execution matches ambition, this could be a defining chapter for luxury media in the region.
