NEW DELHI: Godrej Properties (GPL) has acquired 11.36 hectares of land for residential development in Sector 63A, Gurugram, through an outright purchase.This project will offer residential development with an estimated revenue potential of over ₹4,500 crore, comprising a mix of high-quality low-rise and high-rise residential properties.
Gaurav Pandey, Managing Director and CEO of the company, said, “With this new project, we have now added over ₹40,000 crore in future sales potential through portfolio additions in FY26. This represents the delivery of twice our full-year business development guidance.”
Besides, the company also won the e-auction bid by West Bengal Housing Infrastructure Development Corporation (WBHIDCO) for a five-acre plot at EM Bypass, Kolkata.The proposed premium residential development is expected to offer an estimated revenue potential of approximately ₹1,650 crore.
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