Godrej Properties acquires land in Pune for group housing project

11 Nov 2022 CW Team

Godrej Properties has announced the purchase of a 12-acre parcel of land in Mundhwa-East, Pune. The project is expected to have a developable potential of about 2.2 million sq ft and a revenue potential of Rs 20 billion. This land will be developed primarily for a high-end group housing project.

Mohit Malhotra, Managing Director and CEO, Godrej Properties, said that Mundhwa is an important micro market in Pune. This will further expand the company’s presence in Pune and it fits with its strategy of deepening a presence in established micro markets across India's leading cities.

Godrej Properties stated in its regulatory filing that the location is one of the most centrally located residential areas in Pune, with established physical and social infrastructure and excellent connectivity to all major social and commercial hubs in the city. It is also close to the upscale Koregaon Park.

Also Read
Godrej Properties set to buy 50-acre parcel at Palghar
Rajasthan housing boards earned Rs 23.27 billion

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Real Estate

26 Jun 2026

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

Infrastructure Urban

26 Jun 2026

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..