+
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
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code