Godrej Properties acquires a 7-acre land parcel in Bengaluru to construct a housing project worth ₹1,200 crore
8 months, 2 weeks ago

Godrej Properties acquires a 7-acre land parcel in Bengaluru to construct a housing project worth ₹1,200 crore

Hindustan Times  

Real estate developer Godrej Properties has acquired a 7-acre land parcel in Bengaluru to build a luxury housing project with an estimated revenue potential of ₹1,200 crore, the company said in a regulatory filing on July 1. Godrej Properties acquires 7-acre land parcel in Bengaluru to construct a housing project worth ₹ 1,200 crore The development on this land in Thanisandra will comprise a high-end residential project featuring premium residential apartments of various configurations. Other projects on the anvil Godrej Properties Ltd in a regulatory filing on July 1 also announced plans to develop a residential and high-street retail project on an approximately 11-acre land parcel in Hinjewadi, Pune. “The project will have a developable potential of approximately 2.2 million square feet with an estimated revenue potential of approximately ₹1,800 crore,” the company said in its statement.

History of this topic

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