Godrej properties secures prime land in Hyderabad, enhancing its market presence
Real Estate

Godrej properties secures prime land in Hyderabad, enhancing its market presence

Godrej Properties recently acquired around three acres of land in Kokapet, Hyderabad, and the company's second land procurement in the city. This acquisition has increased the potential booking value in Hyderabad to Rs 48 billion. The land's development is expected to yield approximately 1.2 million square feet of saleable area, mostly consisting of premium residential apartments in different configurations. The estimated booking value for this project is around Rs 1,300 billion.

Prior to the recent acquisition, in February 2024, the company had acquired around 12.5 acres of land in Rajendra Nagar. The estimated development potential of this land is approximately four million square feet of saleable area, primarily consisting of residential apartments. The expected revenue from this project is approximately Rs 35 billion.

Godrej Properties recently acquired around three acres of land in Kokapet, Hyderabad, and the company's second land procurement in the city. This acquisition has increased the potential booking value in Hyderabad to Rs 48 billion. The land's development is expected to yield approximately 1.2 million square feet of saleable area, mostly consisting of premium residential apartments in different configurations. The estimated booking value for this project is around Rs 1,300 billion. Prior to the recent acquisition, in February 2024, the company had acquired around 12.5 acres of land in Rajendra Nagar. The estimated development potential of this land is approximately four million square feet of saleable area, primarily consisting of residential apartments. The expected revenue from this project is approximately Rs 35 billion.

Next Story
Infrastructure Urban

Honeywell Unveils AI Tools to Enhance Green Hydrogen Efficiency

"Honeywell has introduced Honeywell Protonium, a comprehensive suite of advanced technologies driven by artificial intelligence (AI) and machine learning (ML), aimed at improving the efficiency, scalability, and cost-effectiveness of green hydrogen production. The technology is designed to address key industry challenges such as power intermittency, high production costs, and carbon intensity, thereby facilitating the wider adoption of clean hydrogen as a sustainable energy source.The first deployment of Honeywell Protonium will take place at Aternium, a US-based large-scale clean hydrogen pro..

Next Story
Infrastructure Transport

NHAI Plans Link Road for Expressway Access

The National Highways Authority of India (NHAI) is evaluating the construction of an 18 km road to connect the Bengaluru-Chennai Expressway, within Karnataka, to the Bengaluru-Kolar Highway (NH 75). This strategic link is aimed at improving connectivity for motorists travelling towards the Andhra Pradesh border, including destinations like Chittoor and Tirupati. Currently, a 68 km section of the expressway — from Hoskote to Bethamangala near Kolar Gold Fields (KGF) — is operational. However, due to the absence of seamless end-to-end connectivity, users are forced to navigate through narr..

Next Story
Infrastructure Transport

Bengaluru to Get 40-Km Signal-Free Transit Corridor

In a major push to modernize Bengaluru’s transport infrastructure, the Karnataka Government has approved the construction of a 32.15 km double-decker flyover with a metro line along the city’s Outer Ring Road. This transformative initiative aims to ease the daily commute for thousands and provide lasting relief from the city's chronic traffic congestion. In tandem, an additional 8 km elevated stretch will be constructed on Magadi Road as part of Namma Metro’s Phase III expansion. Together, these projects will add over 40 km of new, signal-free metro routes—making daily travel faster, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?