+
Godrej Properties bags 7.5 acre land redevelopment project in Wadala
Real Estate

Godrej Properties bags 7.5 acre land redevelopment project in Wadala

Godrej Properties has entered an agreement to redevelop a 7.5 acre land parcel in Wadala, Mumbai.

The 7.5 acre project will have about 1.6 million square feet of saleable space, mostly residential apartments in various configurations.

The new project in Wadala marks Godrej Properties' entry into an important micro-market within Mumbai, according to Mohit Malhotra, Managing Director and Chief Executive Officer.

It also fits into the company's current strategy of acquiring large projects in the top real estate markets in the country.

Godrej Properties is launching a number of projects this year in various cities. The company has been steadily acquiring projects to diversify its portfolio, which is primarily comprised of residential developments.

The property developer agreed in December to pay an undisclosed sum for an 18 acre land parcel in Whitefield, Bengaluru.

The project has a 2.4 million sq ft development potential, with the majority of the units being residential apartments in various configurations.

On the launch day of the second phase of its Godrej Woods project in Noida in September, the company announced that it had sold 340 homes totalling half a million sq ft for Rs 575 crore.

Image Source


Also read: Godrej Properties gets Rs 575 cr from home sales in Noida project

Godrej Properties has entered an agreement to redevelop a 7.5 acre land parcel in Wadala, Mumbai. The 7.5 acre project will have about 1.6 million square feet of saleable space, mostly residential apartments in various configurations. The new project in Wadala marks Godrej Properties' entry into an important micro-market within Mumbai, according to Mohit Malhotra, Managing Director and Chief Executive Officer. It also fits into the company's current strategy of acquiring large projects in the top real estate markets in the country. Godrej Properties is launching a number of projects this year in various cities. The company has been steadily acquiring projects to diversify its portfolio, which is primarily comprised of residential developments. The property developer agreed in December to pay an undisclosed sum for an 18 acre land parcel in Whitefield, Bengaluru. The project has a 2.4 million sq ft development potential, with the majority of the units being residential apartments in various configurations. On the launch day of the second phase of its Godrej Woods project in Noida in September, the company announced that it had sold 340 homes totalling half a million sq ft for Rs 575 crore. Image SourceAlso read: Godrej Properties gets Rs 575 cr from home sales in Noida project

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code