Curation Team
NEW DELHI: Godrej Properties (GPL) has acquired a 48-acre land parcel through outright purchase in Doddaballapur, North Bengaluru.
The development on this land will primarily comprise plotted units with a development potential of 1.1 million sq ft.
Gaurav Pandey, MD & CEO of the company said, “This investment reinforces our focus on expanding our presence in key growth corridors through wellplanned residential communities. Bengaluru continues to be a priority market for us.”
The company had recently acquired 50 acres of land in Raipur. The development on this land will primarily comprise plotted residential units and will offer an estimated saleable area of 9.5 lakh sq ft.
