Godrej Properties Expands its Footprint in Pune and Bengaluru with New Land Acquisitions

Godrej Properties, Pune projects, Bengaluru projects, residential, real estate, India

Godrej PropertiesPuneBengaluruResidentialReal EstateReal Estate PuneJul 01, 2024

Godrej Properties Expands its Footprint in Pune and Bengaluru with New Land Acquisitions
Real Estate Pune:Godrej Properties Ltd, a leading real estate developer in India, has recently acquired leasehold rights for two prime land parcels in Pune and Bengaluru. The Pune project, located in Hinjewadi, will feature group housing and high-street retail, with a developable potential of approximately 2.2 million square feet and an estimated revenue potential of INR 1,800 crore. The Bengaluru project, situated in Thanisandra, North Bengaluru, will be a high-end residential project with a development potential of around 9 lakh square feet and a revenue potential of nearly INR 1,200 crore.

The total revenue potential of these two projects is nearly INR 3,000 crore, demonstrating Godrej Properties' commitment to expanding its presence in these key markets. Godrej Properties is a part of the Godrej Group, a renowned business conglomerate in India.

Information Godrej Properties Ltd is a leading real estate developer in India, with a presence in 12 cities across the country. The company has a strong track record of delivering high-quality projects that meet the needs of its customers.

Godrej Group is a well-established business conglomerate in India, with a legacy of over 125 years. The group has a diverse portfolio of businesses, including real estate, consumer goods, and agriculture.

Keywords Godrej Properties, Pune projects, Bengaluru projects, residential, real estate, India

Frequently Asked Questions

Where are the two new land parcels acquired by Godrej Properties located?

Pune and Bengaluru

What is the estimated revenue potential of the Pune project?

INR 1,800 crore

What is the development potential of the Bengaluru project?

Around 9 lakh square feet

What is the total revenue potential of these two projects?

Nearly INR 3,000 crore

What is the parent company of Godrej Properties Ltd?

Godrej Group

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