Godrej Properties Leases 11-Acre Land in Pune for Ambitious Rs 1800 Crore Project

Godrej Properties has acquired an 11-acre land parcel in Hinjewadi, Pune, to develop a project worth Rs 1,800 crore, featuring group housing and high-street retail.

Godrej PropertiesPuneReal EstateIndiaHinjewadiReal Estate PuneJun 28, 2024

Godrej Properties Leases 11-Acre Land in Pune for Ambitious Rs 1800 Crore Project
Real Estate Pune:Godrej Properties, a prominent real estate developer in India, has recently secured leasehold rights for an 11-acre land parcel in Hinjewadi, Pune. This strategic acquisition is expected to generate an estimated revenue of Rs 1,800 crore. The project, which will utilize around 2.2 million square feet of developable land, will primarily consist of group housing and high-street retail. This move further solidifies Godrej Properties' position as a leading player in the Indian real estate market.

With this acquisition, Godrej Properties aims to create a holistic living experience for its residents, complete with modern amenities and infrastructure. The project's location in Hinjewadi, a prime area in Pune, will provide easy access to major IT hubs, educational institutions, and other essential services.

Godrej Properties has been at the forefront of India's real estate sector, with a focus on creating sustainable and innovative living spaces. The company's portfolio includes a range of residential, commercial, and township projects across major cities in India.

This new project is expected to be a major milestone in Godrej Properties' growth strategy, as the company looks to expand its presence in Pune and other key markets. With its commitment to quality, transparency, and customer satisfaction, Godrej Properties is poised to set a new benchmark in Pune's real estate sector.

Information
Godrej Properties is a leading real estate developer in India, with a presence in over 100 cities across the country. The company is known for its innovative and sustainable projects, which have earned it numerous awards and recognition in the industry.

Godrej Properties Ltd. is a leading real estate company in India, with a rich legacy of over 125 years. The company is a part of the Godrej Group, one of India's most respected business conglomerates.

Frequently Asked Questions

What is the estimated revenue of the Godrej Properties project in Pune?

The project is expected to generate an estimated revenue of Rs 1,800 crore.

What will be the primary components of the project?

The project will primarily consist of group housing and high-street retail.

What is the location of the project?

The project is located in Hinjewadi, Pune.

What is the total developable land area of the project?

The project will utilize around 2.2 million square feet of developable land.

What is Godrej Properties' focus in the Indian real estate market?

Godrej Properties focuses on creating sustainable and innovative living spaces, with a commitment to quality, transparency, and customer satisfaction.

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