Godrej Properties (GPL) has entered into an agreement for outright purchase of a land parcel in the fast-developing micro market of Khalapur - Raigad, Maharashtra. Spread across 89 acres, the proposed project is located near Imagicaa Theme Park and is estimated to have a development potential of approximately 1.9 million square feet of saleable area comprising primarily of residential plotted development. The proposed Navi Mumbai International Airport will further boost connectivity to Khalapur and surrounding areas.
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.
