Godrej Properties Ltd (GPL) has recently acquired three contiguous land parcels totaling 6.54 acres in Kharghar, Navi Mumbai, on a 60-year lease for Rs 7.17 crore. This strategic move aligns with the company's commitment to sustainable development and expanding its footprint in the bustling real estate market of Navi Mumbai.
Godrej PropertiesKhargharNavi MumbaiSustainable DevelopmentReal EstateReal Estate MumbaiMar 28, 2025
Godrej Properties has acquired three contiguous land parcels totaling 6.54 acres in Kharghar, Navi Mumbai.
Godrej Properties paid Rs 7.17 crore for the land acquisition in Kharghar, which is on a 60-year lease.
Kharghar, a part of Navi Mumbai, is experiencing rapid urbanization and economic growth. Its strategic location and potential make it an ideal destination for both residential and commercial projects.
Godrej Properties is committed to developing projects that are environmentally friendly, energy-efficient, and socially responsible. They incorporate green building practices and community engagement in their projects.
This acquisition aligns with Godrej Properties' strategy to expand its presence in key growth markets and to continue developing high-quality, sustainable living spaces that meet the needs of customers and contribute positively to the community and environment.
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