Godrej Properties (GPL) has been declared the highest bidder and has secured the allotment letter to develop a prime land parcel in Noida through an e-auction conducted by the Noida Authority. Spread over around 6.46 acres, the land is strategically located in Sector 44, one of the most prime locations in Noida.
The land parcel will offer around 1.4 million square feet of development potential and an estimated revenue potential of around Rs 3,000 crore comprising premium residential apartments of varied configurations. This will be the sixth project of Godrej Properties in Noida. With its well-planned infrastructure, wide roads, and proximity to Delhi, Noida offers a high-quality lifestyle and good connectivity.
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.
