Godrej Properties bags two land parcels for Rs 842 crore
Renowned real estate firm Godrej Properties has secured two land parcels totaling 17.5 acres in Greater Noida through a bid of Rs 842 crore. The firm aims to generate over Rs 5,000 crore in revenue from new residential projects on these plots.
The firm emerged as the highest bidder in an e-auction conducted by the Greater Noida Industrial Development Authority (GNIDA). Land parcels are located in Greater Noida's Sector Sigma - III, covering 9.5 acres, and Sector 12, spanning 8 acres.