Godrej Properties has acquired a 14-acre land parcel in Kharadi-Wagholi, Pune, for approximately Rs 800 crore. The company plans to develop this land into a premium housing project with a revenue potential of Rs 4,200 crore. This strategic move enhances Godrej Properties' presence in Pune and aligns with its expansion goals in key micro-markets across India.
Real EstateGodrej PropertiesPuneHousing ProjectsLand AcquisitionReal Estate PuneJun 03, 2025
The newly acquired land is located in Kharadi-Wagholi, Pune.
The estimated revenue potential of the new project in Kharadi-Wagholi is Rs 4,200 crore.
Godrej Properties acquired 14 land parcels in the last fiscal year.
The developable potential of the 14-acre land in Kharadi-Wagholi is 3.7 million square feet.
Godrej Properties' strategic focus for market expansion is to strengthen its presence across key micro-markets in India, including MMR, Delhi-NCR, Bengaluru, Pune, and recently, Hyderabad.
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