Godrej Properties to develop housing project in Pimpri-Chinchwad
Real Estate

Godrej Properties to develop housing project in Pimpri-Chinchwad

Godrej Properties Limited (GPL) acquired a land parcel of nine acres in Pimpri-Chinchwad for the development of a group housing project.

The developable potential of the project is a saleable area of about 1.7 million sq ft having estimated revenue potential of about Rs 1,400 crore.

Godrej Properties MD and CEO Mohit Malhotra told the media that this would help in further expansion of their presence in Pune and aligns with their strategy of deepening their presence in the key micro markets across the country’s leading cities.

The company had recently entered into an agreement for the development of a land parcel of 33 acres along Bannerghatta Road, South Bengaluru. The agreement had been for an outright purchase along with approximately 5% area share to the landowners.

The land parcel’s developable potential was about 3.4 million sq ft saleable area having an estimated revenue of around Rs 2,000 crore.

Godrej Properties (GPL) is a real estate major headquartered in Mumbai, Maharashtra. The company is a real estate arm of Godrej Industries.

Image Source

Also read: Godrej Properties forays into Sonipat in Haryana
Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

Godrej Properties Limited (GPL) acquired a land parcel of nine acres in Pimpri-Chinchwad for the development of a group housing project. The developable potential of the project is a saleable area of about 1.7 million sq ft having estimated revenue potential of about Rs 1,400 crore. Godrej Properties MD and CEO Mohit Malhotra told the media that this would help in further expansion of their presence in Pune and aligns with their strategy of deepening their presence in the key micro markets across the country’s leading cities. The company had recently entered into an agreement for the development of a land parcel of 33 acres along Bannerghatta Road, South Bengaluru. The agreement had been for an outright purchase along with approximately 5% area share to the landowners. The land parcel’s developable potential was about 3.4 million sq ft saleable area having an estimated revenue of around Rs 2,000 crore. Godrej Properties (GPL) is a real estate major headquartered in Mumbai, Maharashtra. The company is a real estate arm of Godrej Industries. Image Source Also read: Godrej Properties forays into Sonipat in Haryana

Next Story
Real Estate

Colliers India Transacts 207,000 sq ft office space at Embassy TechVillage

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has signed an Agreement to Lease (‘ATL’) with global cyber security company Rubrik at Embassy TechVillage in Bengaluru.Colliers, a leading global diversified professional services company, specialising in commercial real estate services, engineering consultancy and investment management facilitated the transaction for Rubrik.Located on Bengaluru’s Outer Ring Road, Embassy TechVillage is one of Embassy REIT’s flagship office parks which offers world-class office spaces, ..

Next Story
Infrastructure Urban

Ensemble Infrastructure India Appoints Suman Saha as Director of Design

Ensemble Infrastructure India Ltd, a leading workplace design and build fit-out company, has appointed Suman Saha as its new Director of Design. With 25 years of experience in the industry, Suman is recognized for his innovative approach and excellence in design leadership.Working closely with the CEO, Suman’s appointment will enhance the company’s design communication across multiple touchpoints, ensuring smooth collaboration between clients, designers, and execution teams for superior project outcomes. Under his guidance, Ensemble will focus on creating workspaces and design labs that em..

Next Story
Products

Ribbon Vanity by Küche7: Fluid Design Meets Everyday Elegance

Küche7, pioneers in luxury stainless steel kitchens, have unveiled the Ribbon Vanity, a graceful creation that transforms bathroom spaces with its soft, flowing design and understated sophistication. Inspired by the fluid form of a ribbon, this vanity combines smooth finishes, clean lines, and gentle curves, offering a timeless aesthetic that seamlessly complements diverse interior styles.Available in a refined blush pink hue, the Ribbon Vanity effortlessly merges functionality with elegance. With thoughtfully designed storage options, it ensures that bathroom essentials are neatly organised ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000