Godrej Properties to Develop 11-Acre Land in Pune, Maharashtra, Boosting Real Estate Industry
Godrej Properties will develop a 11-acre land parcel in Hinjewadi, Pune, strategically located near the upcoming Megapolis Metro Station, enhancing its presence in Pune's key micro-market.
Real EstatePuneMaharashtraGodrej PropertiesSustainabilityReal Estate PuneJul 01, 2024
The company aims to build an outstanding gated community with long-term value for its residents, underpinned by its philosophy of innovation, sustainability, and excellence in the real estate industry. The land parcel is strategically located near the upcoming Megapolis Metro Station and has connectivity to major IT hubs in Hinjewadi, Pune, along with access to schools, hospitals, malls, and hotels.
Hinjewadi is an important micro market in Pune, and the addition of this land parcel to its portfolio further enhances Godrej Properties' presence in Pune as a key micro-market in India. In 2010, Godrej Properties committed to developing third-party certified green buildings, and further, in 2020, 2021, and 2022, the Global Real Estate Sustainability Benchmark ranked Godrej Properties 1 globally amongst listed residential developers for sustainability.
Information Godrej Properties is a leading real estate developer in India, with a strong presence in Pune and other micro-markets across the country. The company is known for its commitment to innovation, sustainability, and excellence in the real estate industry.
Godrej Properties is a subsidiary of the Godrej Group, one of India's most trusted and diversified business conglomerates.
Frequently Asked Questions
Where is Godrej Properties developing the 11-acre land parcel?
Hinjewadi, Pune, Maharashtra.
What is the developable potential of the project?
Approximately 2.2 million sq. ft.
What is the estimated revenue potential of the project?
Rs 1,800 crore.
What is the significance of Hinjewadi in Pune?
Hinjewadi is an important micro market in Pune and a key IT hub.
What is Godrej Properties' commitment to sustainability?
Godrej Properties commits to developing third-party certified green buildings and has been ranked 1 globally amongst listed residential developers for sustainability.
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