Realty firm Godrej Properties Ltd has acquired 20 acres in Bengaluru to develop a housing project with an estimated revenue of ₹1,350 crore.
Godrej Properties Acquires 20-Acre Land in Bengaluru, Aims ₹1,350 cr Revenue from Housing Project
In a regulatory filing on Wednesday, the company said it has acquired a 20-acre land parcel in East Bengaluru
Godrej Properties Acquires 20-Acre Land in Bengaluru, Aims ₹1,350 cr Revenue from Housing Project
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In a regulatory filing on Wednesday, the company said it has acquired a 20-acre land parcel in East Bengaluru.
Godrej Properties did not mention the land cost.
"The company plans to develop a premium residential project on this site with an estimated revenue potential of approximately ₹1,350 crore," the company said.
Godrej Properties, one of India's leading real estate developers, has a strong presence in Mumbai Metropolitan Region, Pune, Bengaluru, Delhi-NCR, and Hyderabad.
The company sells housing plots in smaller cities.