Godrej Properties buys 11.36-acre land in Gurugram to build homes worth Rs 4500 cr

Godrej Properties buys 11.36-acre land in Gurugram to build homes worth Rs 4500 cr

NEW DELHI: (Mar 4) Realty firm Godrej Properties Ltd has bought an 11.36-acre land parcel in Gurugram to develop a housing project with an expected total revenue of more than Rs 4,500 crore, as part of its expansion plan.

In a regulatory filing on Wednesday, the company informed that it has acquired 11.36 acres of land for residential development in Gurugram, Haryana, through an outright purchase.

“This project will offer residential development with an estimated revenue potential of over Rs 4,500 crore,” it added.

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