The Mumbai-based developer has expanded its residential portfolio in NCR through the outright purchase of 62 acres of land in Kurukshetra, Haryana
India, December 26, 2022: Godrej Properties Ltd. (GPL), (BSE scrip id: GODREJPROP), one of India’s leading real estate developers, today announced that it has acquired approximately 62 acres of land in Kurukshetra, Haryana. This project will offer approximately 1.4 million sq. ft. of plotted residential development, offering attractive plot sizes along with exceptional lifestyle amenities. The site is strategically located with access from National Highway 44. Kurukshetra is a self-sufficient city with good infrastructure consisting of schools, colleges, hospitals and has significant historical and religious importance.
Gaurav Pandey, MD & CEO Designate, Godrej Properties, said, “We are pleased to announce our entry into Kurukshetra. Haryana has been a key market for us and we look forward to further strengthen our presence in Haryana with this project. We will aim to build an outstanding residential community that creates long term value for its residents.”
*On the basis of the current business assumptions.