Godrej Properties buys 2 Land Parcels in Gurugram for Rs 515 crore, Eyes Rs 3,400 Crore Top Line
Godrej Properties, a listed real estate developer located in Mumbai, paid a total of Rs 515 crore through an electronic auction to acquire two group housing land parcels in Gurugram. The auction was held by the Haryana Shehri Vikas Pradhikaran (HSVP).
According to the firm, the plots collectively offer over a million square feet of development potential and over Rs 3,400 crore in potential revenue.
A 3.6-acre plot is located in the upscale Golf Course Road micro-market, and a 1.97-acre land piece is situated in Sector 39, on the NH-48 (the Delhi-Jaipur highway).
