MoneyWorks4Me

Godrej Properties acquires land in Faridabad from BPTP

20 Mar 2020 Evaluate

Godrej Properties has acquired 43.61 acres of land in Faridabad, Haryana, from local builder BPTP to expand its presence in the national capital region (NCR). The company did not disclose the deal value. The company will sell plots in this project. This project will offer about 1 million sq ft of plotted development. This new project in Faridabad is a key micro-market within NCR and this fits well with company’s strategy of deepening its presence in key markets across India's leading cities.

Godrej Properties is a realty firm of Godrej group and it is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Currently, their business focuses on residential, commercial and township developments.

Peers
Company Name CMP
Lodha Developers 1085.80
Prestige EstatesProj 1427.85
Dilip Buildcon 405.85
DLF 623.00
Oberoi Realty 1710.20
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