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Godrej Properties buys 23 acre land in Greater Noida to build housing project worth Rs 7000 cr

Godrej Properties Ltd has acquired a 23.2-acre land parcel in Greater Noida through auction to develop a residential project with an estimated revenue potential of over Rs 7,000 crore. The project will be part of a group housing development in the DMIC integrated township and strengthens the company’s expansion in the NCR

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Representational Image/Pixabay

Representational Image/Pixabay

Godrej Properties Ltd on Monday said it has acquired 23.2 acre land in Greater Noida via auction to develop a housing project with a revenue potential of more than Rs 7000 crore.

In a regulatory filing, the company informed that it has "won the bid for a 23.2 acres (93,905 square metre) residential land parcel in DMIC integrated township, Greater Noida, through an e-auction".

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