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

Related News Articles

Property Registration Scandal: 796 Documents Under Scrutiny for Violating Real Estate Laws
Real Estate Pune

Property Registration Scandal: 796 Documents Under Scrutiny for Violating Real Estate Laws

The registration department is investigating 796 property registration documents for non-compliance with real estate regulations, sparking concerns among developers and buyers.

August 1, 2024
Read Article
Maharashtra Weather Alert: Heavy Rainfall Expected in Mumbai, Pune, and Other Districts
Real Estate Pune

Maharashtra Weather Alert: Heavy Rainfall Expected in Mumbai, Pune, and Other Districts

IMD issues yellow alert for Mumbai, red alert for Palghar and Pune; heavy to very heavy rainfall expected in the next 24 hours

August 26, 2024
Read Article
Nagpur Townships Inspected by State-Appointed Panel, Issues Persist
Real Estate Maharashtra

Nagpur Townships Inspected by State-Appointed Panel, Issues Persist

A state-appointed panel inspected several townships in Nagpur, Maharashtra, but issues related to water supply, irrigation clearance, and inspection delays remain unresolved.

September 24, 2024
Read Article
Indore Sees 12.8% Rise in Property Revenue During Festive October
Real Estate

Indore Sees 12.8% Rise in Property Revenue During Festive October

The city of Indore recorded a significant 12.8% increase in property revenue during the festive season in October. According to Balkrishna More, the Deputy Inspector General of Registration for the Indore region, the surge in real estate activity can be a

November 21, 2024
Read Article
Arvind Gurumurthy: A Renowned Legal Expert in M&A, Private Equity, and Corporate Law
Real Estate

Arvind Gurumurthy: A Renowned Legal Expert in M&A, Private Equity, and Corporate Law

Arvind Gurumurthy, a distinguished legal professional, has made significant contributions in the fields of M&A, private equity, and corporate law. With a successful seven-year tenure as Partner at Kochhar & Company, Arvind has extensive experience in hand

December 16, 2024
Read Article
Arthur Laffer Buys $87,156 in NexPoint Diversified Real Estate Trust Stock: A Bullish Signal?
real estate news

Arthur Laffer Buys $87,156 in NexPoint Diversified Real Estate Trust Stock: A Bullish Signal?

Arthur Laffer, the director of NexPoint Diversified Real Estate Trust (NXDT), has made a significant purchase of $87,156 in company stock. This move could signal his confidence in the company's future performance. Investors should consider this as a potential indicator of a bullish market play.

April 8, 2025
Read Article