Godrej Properties Wins Auction for Residential Land Parcel in Greater Noida
Godrej Properties Ltd. (GPL), one of India's leading real estate developers, announced it has won a bid for a 23.2 acres (93,905 sq. mtr.) residential land parcel in the DMIC integrated township of Greater Noida. The successful acquisition comes through an e-auction conducted by DMIC Integrated Industrial Township Greater Noida Limited.Godrej Properties plans to utilize the acquired land parcel to develop a residential group housing project. The development is anticipated to generate an estimated revenue potential exceeding INR 7,000 crore, comprising premium residential apartments of various configurations.The newly secured plot is strategically located...