Godrej Properties, a real estate development arm of the Godrej Group, has purchased a 4-acre land parcel near Koregaon Park, an upscale residential area in Pune.
The company plans to develop a luxury group housing project primarily on this land parcel, with a potential for around 7.5 lakh SqFt of development and an estimated revenue potential of approximately INR 1,000 crore based on the current business scenario.
This area boasts an established physical and social infrastructure and provides excellent connectivity to all major social and commercial hubs of Pune city.
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