Godrej Properties has acquired leasehold rights for around 11-acre land parcel in Hinjewadi, Pune, offering developable potential of around 2.2 million square feet with an estimated revenue potential of around Rs 1,800 crore. The development on this land will comprise primarily Group Housing and High Street Retail.
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.