News
Godrej Properties Buys Land in Hyderabad
Mumbai, March 14, 2024: Godrej Properties Limited (GPL), on Thursday announced that it has acquired ~3-acres of land in Kokapet. This is the second land acquisition for GPL in Hyderabad and will take the overall booking value potential added in Hyderabad to Rs 4,800 crore*.
The development on this land is estimated to have a potential of ~1.2 million square feet of saleable area comprising primarily premium residential apartments of various configurations with an estimated booking value of ~INR 1,300 crore*, mentions a pres release issued by the compny. This strategic acquisition is in line with GPL’s strategy of developing high-quality residential projects across India’s leading real estate markets.
“We are pleased to add another project in Hyderabad, which is amongst the largest and fastest growing residential real estate markets in the country. It aligns well with our expansion strategy and will further solidify our position as a leading national real estate developer. We will aim to build an outstanding residential community that creates long-term value for its residents.” said Gaurav Pandey, MD, and CEO, Godrej Properties.
-
News3 weeks ago
Noida’s High-Rise Societies Face Multiple Challenges Despite Rapid Urban Growth
-
News3 weeks ago
Olive Announces Dhruv Kalro as Co-Founder
-
News4 weeks ago
Vestian: Domestic Investors Dominate Institutional Investments in Jan-Mar’24
-
News3 weeks ago
India to become the fastest-growing silver economy, housing up to 17% of the world’s elderly population by 2050: CBRE Report
-
News2 weeks ago
SKA Forays In Luxury Housing: Launches SKA Destiny One in Greater Noida, To Invest Rs 592 Crores
-
News4 weeks ago
Ashiana Housing Sells Rs 440 cr Worth 224 Flats at its Project Amarah in Gurugram
-
News3 weeks ago
Kyndryl opens new office in Bengaluru
-
News2 weeks ago
How Noida-Greater Noida’s Infrastructure is Transforming the Real Estate Landscape?