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Godrej's biggest deal in Madhya Pradesh in the new year:
Godrej Group purchased 25 acres of land in Mangalia area of Indore Bought land for Rs 206 crores, last year also invested Rs 200 crores in Indore. Godrej's entry in real estate sector of Indore: Bought 46 acres of land worth Rs 200 crore on Ujjain Road.
Godrej Properties Indore:
Godrej Properties Indore has purchased 24 acres of land in Indore. From which they expect an income of Rs 500 crore. Godrej Properties informed the stock market that it has purchased about 24 acres of land in Indore. However, he did not disclose the total value of the land. According to company information, “This project is expected to generate income of around Rs 500 crore.”
The development work on this land will mainly consist of premium plotted residential units and the estimated salable area will be approximately 6.20 lakh sq. ft. Managing Director and Chief Executive Officer of Godrej Properties Gaurav Pandey said that the company has expanded its presence in Indore with this land acquisition. This is the company's second acquisition in Indore after acquiring 46 acres of land on Indore-Ujjain Road in July 2024. Godrej Properties is one of the leading real estate developers in the country.
Real estate company Godrej Properties Limited has acquired 24 acres of land in Indore to develop residential plots. It is expected to get revenue of around Rs 500 crore from this upcoming project. Godrej Properties informed the stock market that it has purchased about 24 acres of land in Indore.
The development work on this land will mainly consist of premium plotted residential units and the estimated salable area will be approximately 6.20 lakh sq. ft. This is the company's second acquisition in Indore after acquiring 46 acres of land on Indore-Ujjain Road in July 2024. Godrej Properties is one of the leading real estate developers in the country.
The Godrej Group has announced its latest residential development, Godrej Plots Indore, which signifies the company’s commitment to creating high-quality living spaces that combine luxury and comfort. This project is part of a broader strategy to expand its footprint in the rapidly growing real estate market of Indore, Madhya Pradesh.
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