Godrej Acquires Pune Land for Rs 42 Billion Project

03 Jun 2025 CW Team

Godrej Properties Ltd has acquired a 14-acre land parcel in Pune's Kharadi–Wagholi corridor to develop a premium housing project with an estimated revenue potential of Rs 42 billion. The company disclosed the acquisition through a regulatory filing on Monday as part of its continued expansion strategy.

The project is expected to offer 3.7 million square feet of developable area, focused mainly on high-end group housing. Gaurav Pandey, Managing Director and CEO of Godrej Properties, stated, “Kharadi–Wagholi is one of Pune’s most desirable micro-markets. We’re pleased to enter this area and expand our presence in the city.”

He added that the company aims to deliver a high-quality development that ensures long-term value for future residents. Based in Mumbai, Godrej Properties maintains a strong footprint in major Indian metros including the Mumbai Metropolitan Region, Delhi-NCR, Bengaluru, and Pune, and has recently ventured into Hyderabad.

Infrastructure Urban

05 Sep 2025

List of Fastest Growing Construction Companies in India released! MMRDA, MMRCL Leaders reveal MMR transformation plan at India Construction Festival

Mumbai Metro Line 3 is all set to start,” said Ashwini Bhide, Principal Secretary to the Chief Minister of Maharashtra and Managing Director, Mumbai Metro Rail Corporation (MMRC), during her fireside chat with Pratap Padode, Founder, ASAPP Info Global Group & Author of Tarmac to Towers – India’s Infrastructure Story at the 23rd Construction World Global Awards (CWGA) 2025. Her announcement and the journey that she elaborated in course of completing this project, struck a chord with the audience, resonating with what Dr Sanjay Mukherjee, Commissioner of the Mumbai Metropolitan Region ..

Hindustan Zinc Cuts Freshwater Use by 28%, Saves 71 Billion Litres

Hindustan Zinc, India’s only and the world’s largest integrated zinc producer, has reduced its freshwater use by 28 per cent over the past decade, recycling 71 billion litres of treated sewage water between FY2016 and FY2025. This volume could meet Udaipur’s water needs for more than 500 days. Operating in water-stressed Rajasthan, the company has achieved 3.32 times water positivity by treating and reusing all process water in operations. In partnership with the Government of Rajasthan, Hindustan Zinc pioneered Udaipur’s first Sewage Treatment Plant (STP) in 2014 under a PPP mode..

Atlassian Expands India Presence with New R&D Centre in Bengaluru

Atlassian, a leading provider of team collaboration and productivity software including Jira, Confluence, and Loom, announced the opening of its new R&D Centre in Bengaluru. Spanning over 2 lakh sq ft, the facility is four times larger than its previous office and designed to accommodate more than 1,000 employees, reinforcing India’s position as a strategic hub for the company’s global R&D efforts. Since entering India in 2018 with a 60-member team, Atlassian has grown to employ over 2,500 people, its largest workforce outside Australia and the US. Nearly 75 per cent of its In..