Land Acqusition in New Area - Godrej Properties Ltd

Code BSE: 533150 NSE:

Godrej Properties enters Raipur by acquireing 50 acres of land for a plotted development, with an estimated saleable area of > 9.5 lakh square feet Gaurav Pandey, MD & CEO, Godrej Properties, said, “We are delighted to announce our entry into the dynamic city of Raipur. This acquisition marks another significant step in our expansion journey as we look to strengthen our presence in emerging real estate markets across India. Raipur, with its growing demand for residential plotted developments and strong infrastructure growth, presents an exciting opportunity. This acquisition also aligns strategically with our focus on entering high-growth cities through plotted developments. We look forward to developing a quality plotted township that creates long-term value for its residents, aligned with the region’s evolving aspirations.”