Godrej Properties acquires land parcel in Mumbai
The real estate development arm of the Godrej Group, Godrej Properties has acquired an 18.6-acre land parcel in the Kandivali suburb of Mumbai. New project will have a developable potential of around 3.72 million sq ft with an estimated revenue potential of nearly Rs 7,000 crores based on the current business assumptions.
This is the 8th project being added by the company to its development portfolio in the current financial year.
Also Read: Rs 8,000 Crore Housing Project Planned By Godrej Properties