Godrej Properties Ltd (GPL) recently acquired leasehold rights for an anticipated 11 Acres and 7 Acres land parcels in Pune and Bengaluru, respectively. The developer plans to construct residential projects over these lands with a total revenue potential of nearly INR 3,000 Crore.
The development in Pune, Hinjewadi, will primarily include group housing and high-street retail. The upcoming project is expected to have a developable potential of nearly 2.2 Million-SqFt with an estimated revenue potential of INR 1,800 Crore.
Also Read: Odisha’s Bhubaneswar Metro Rail Phase 1
Furthermore, Godrej acquired nearly 7 Acres of land in Thanisandra, North Bengaluru. This land will be used to develop a high-end residential project. The development potential of this project is approximately 9 Lakh-SqFt with a revenue potential of nearly INR 1,200 Crore.
Biltrax Construction Data is tracking 31,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights and gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
0
