Latest Markets Business BEEPS Earnings Personal Finance

Godrej Properties Secures 11-Acre Land In Pune For Rs 1,800-Crore Project

Godrej Properties said the company has acquired leasehold rights for around 11 acre land parcel in Hinjewadi, Pune.

NDTV Profit Desk

Image used for representational purpose. (Source: Godrej Properties website)

Real estate company Godrej Properties Ltd. has acquired the leasehold rights to an 11-acre plot of land in Pune. The company plans to develop a residential and commercial project, expecting to generate approximately Rs 1,800 crore in revenue, an exchange filing said.

Godrej Properties said the company has "acquired leasehold rights for around 11 acre land parcel in Hinjewadi, Pune, offering developable potential of about 2.2 million square feet with an estimated revenue potential of around Rs 1,800 crore".

The development on this land will comprise primarily group housing and high-street retail, it said.

Godrej Properties is one of the leading real estate developers in the country.

(With inputs from PTI)

Also Read: Legal Showdown Looms As Tata Steel UK Challenges Union Strike, Plant Fate At Stake

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit. Feel free to Add NDTV Profit as trusted source on Google.
GET REGULAR UPDATES
Add us to your Preferences
Set as your preferred source on Google
Beeps Img

'Trump's Theatrics Prelude To Dealmaking': Biden Era Officials Hopeful Of India-US Ties Revamp

  • chevron-double-right Former US officials see potential to revive India-US ties despite current trade tensions
  • chevron-double-right India-US strategic partnership deters Chinese aggression in the Indo-Pacific region
  • chevron-double-right US must avoid linking India relations with Pakistan, focus on distinct policies
More Beeps chevron-right

RECOMMENDED FOR YOU

Jaguar Land Rover Hit By Cyberattack That Roils Production
timelogo Sep 02, 2025
Godrej Agrovet Completes CEO Transition With Sunil Kataria Appointment
timelogo Sep 02, 2025
Tata Motors' JLR Faces IT Issues Impacting Business
timelogo Sep 02, 2025
'Buy' Godrej Consumer Shares Maintains Motilal Oswal — Check Target Price
timelogo Aug 26, 2025

POPULAR

1
Indian Firms Target Small-Town Growth That’s Insulated From US Tariffs
2
Japanese Equities Rise As 15% Donald Trump Tariff Deal Sealed, Autos Up
3
Stocks To Watch Today: Varun Beverages, Trent, HDFC Life, Karur Vysya Bank, Biocon
4
OpenAI To Design Its Own AI Chip With Broadcom For 2026, FT Says
5
Stock Market Today: All You Need To Know Going Into Trade On Sept. 5