Godrej Properties Launches Major Housing Project in Pune
Godrej Properties, a leading real estate developer, has acquired a 14-acre plot in Pune's Kharadi-Wagholi area to develop a premium group housing project, expected to generate Rs 4,200 crore in revenue.
Godrej PropertiesPuneReal EstateHousing ProjectKharadiwagholiReal Estate PuneJun 02, 2025
In a regulatory filing on Monday, the company revealed plans for the land acquisition, indicating a 3.7 million square feet developable area. Gaurav Pandey, MD & CEO of Godrej Properties, emphasized the site's attractiveness and its role in strengthening the company's presence in Pune.
Godrej Properties, a major real estate developer, has extensive operations across the Mumbai Metropolitan Region, Delhi-NCR, Bengaluru, and Pune, and has recently expanded into Hyderabad, aiming to grow its presence in vital Indian markets.
The Kharadi-Wagholi area in Pune is rapidly developing, with a growing demand for residential and commercial properties. This strategic acquisition by Godrej Properties aligns with the company's vision to capitalize on high-growth areas and provide premium living solutions to its customers.
The project is expected to feature a variety of housing options, including apartments, villas, and townhouses, catering to a wide range of buyer preferences. The development will also incorporate modern amenities and green spaces, ensuring a high quality of life for residents.
Godrej Properties has a strong track record of delivering successful projects across India. The company's commitment to sustainable development and customer satisfaction has earned it a reputation as a trusted name in the real estate sector.
With this new project, Godrej Properties aims to further solidify its position in the Pune market and contribute to the city's urban development. The project is expected to create numerous job opportunities and boost the local economy, making it a win-win for both the company and the community.
For potential buyers, the project offers an excellent investment opportunity in a prime location with strong growth potential. The company's focus on quality and innovation ensures that the project will meet the highest standards of living and sustainability.
Overall, the acquisition of the 14-acre plot in Pune's Kharadi-Wagholi area marks a significant milestone in Godrej Properties' expansion strategy and demonstrates the company's commitment to delivering premium real estate solutions in key markets across India.
Frequently Asked Questions
What is the size of the plot acquired by Godrej Properties in Pune?
Godrej Properties has acquired a 14-acre plot in Pune's Kharadi-Wagholi area.
What is the expected revenue from the new housing project in Pune?
The project is expected to generate revenue of Rs 4,200 crore.
What is the developable area of the new project?
The developable area of the new project is 3.7 million square feet.
Who is the CEO of Godrej Properties?
Gaurav Pandey is the MD & CEO of Godrej Properties.
What are the key features of the new housing project in Pune?
The project will feature a variety of housing options, including apartments, villas, and townhouses, along with modern amenities and green spaces.
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