New Project - Godrej Properties Ltd

Code BSE: 533150 NSE:

Godrej Properties Ltd. , today announced that it will develop ~14-acre land parcel in Kharadi - Wagholi, Pune. The development on this land will comprise primarily premium group housing. The project will have a developable potential of 3.7 million square feet with an estimated revenue potential of ~ INR 4,200 crore . The land parcel is strategically located near major commercial hubs in Kharadi, Pune, and provides access to schools, hospitals, malls, restaurants, and premium hotels. It is also in close proximity to Chhatrapati Sambhaji Maharaj International Airport. Gaurav Pandey, MD & CEO, Godrej Properties, said, “Kharadi - Wagholi is one of the most soughtafter destinations in Pune, and we are aappy to mark our entry into this micro market. This further enhances our presence in Pune and fits within our strategy of strengthening our presence across key micro-markets in India. We will aim to build a high-quality development that creates long-term value for its residents.”