Real Estate News & Updates

‘Godrej Properties has bought 9 Acres of premimum Land in Gurugram’

Real Estate Jan 2 2022 Times of india
Img

‘Godrej Properties has bought 9 Acres of premimum Land in Gurugram’

Godrej Properties has inherited a 9-acre land plot in Gurugram to develop a housing project with a Rs. 2,500 CR. sales abeyant. This project will hold approximately 1.6 million square feet of luxury urban development.

The site is placed near Golf Course Extension Road, also known as Southern Peripheral Road. Godrej Properties MD & CEO Gaurav Pandey stated,“Gurugram is an important market for us, and we are pleased to add this city center land bundle to our envelope.”Over the next few years, this project will allow us to development our market share in Gurugram actually, he added. Godrej Properties, which has a large cash fund and plans to invest USD 1 billion, is inheriting land for future development through outright buy and partnership with landowners.  

Godrej Properties refunded by Rs. 100 crores for 62 acres of land in Haryana, Kurukshetra, introductory this week to develop a plotted residential project.Godrej landscape has bought an 18.6-acre plot of land in Mumbai, Kandivali, to advance a prime housing project benefit an estimated Rs. 7000 crores.It has also partnered with an investor to develop 14.27 acres of land in Gurugram, with a sales interest of around Rs 3,000 crore normal from developing a housing project on this land.Godrej Properties accomplished two approximately land effects Adding 12.4 acres in Noida last month for Rs. 377 crores. Godrej Properties is progressiveness expanding to gain on rising housing demand.

 

Pirojsha Godrej, Executive Chairman of Godrej Properties,

stated earlier this month that the company has already overtake its Financial Year 2023 guidance of Rs. 15,000 crores in terms of sales bookings and potential of new land achievement.Godrej Properties, Auxiliary of the Godrej Group, is one of the country’s leading real estate developers.It is mainly troubled with four major cities: Mumbai Metropolitan, Bengaluru, Region (MMR), Delhi-NCR, and Pune. This year has seen a multiplicity of land deals in the Delhi-NCR market as developers desired to expand their estates.

Post Your Requirement
Post your Property
CALL US +91-9266445544
Get in Touch
immediate call back request
Instant Call Back Help and Feedback