Godrej Properties has secured bids for two prime residential plots in Gurugram, totaling around 515 INR-Crore. The company plans to develop luxury homes on these land parcels.
Combined, these land parcels will offer over 1 Million-SqFt of development space and an estimated revenue potential exceeding 3,400 INR-Crore. One plot spans approximately 3.6 Acres and is situated in the prestigious Golf Course Road micro-market. The second plot, measuring an anticipated 1.97 Acres, is located in Sector 39, close to NH 48.
Also Read: Godrej Properties Ltd acquires prime land in Pune and Bengaluru
Furthermore, in the previous fiscal year, Godrej Properties acquired two prime plots of approximately 5.15 Acres and 2.76 Acres in Gurugram. Located in Golf Course Road micro-market, the company plans to launch both projects within this fiscal year. Consequently, these plots will significantly bolster the company’s Delhi-NCR portfolio.
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