Godrej Properties to develop housing project in Pimpri-Chinchwad

01 Apr 2022 CW Team

Godrej Properties Limited (GPL) acquired a land parcel of nine acres in Pimpri-Chinchwad for the development of a group housing project.

The developable potential of the project is a saleable area of about 1.7 million sq ft having estimated revenue potential of about Rs 1,400 crore.

Godrej Properties MD and CEO Mohit Malhotra told the media that this would help in further expansion of their presence in Pune and aligns with their strategy of deepening their presence in the key micro markets across the country’s leading cities.

The company had recently entered into an agreement for the development of a land parcel of 33 acres along Bannerghatta Road, South Bengaluru. The agreement had been for an outright purchase along with approximately 5% area share to the landowners.

The land parcel’s developable potential was about 3.4 million sq ft saleable area having an estimated revenue of around Rs 2,000 crore.

Godrej Properties (GPL) is a real estate major headquartered in Mumbai, Maharashtra. The company is a real estate arm of Godrej Industries.

Image Source

Also read: Godrej Properties forays into Sonipat in Haryana

Infrastructure Transport

19 Dec 2025

Tripura Rail Survey Approved For Jirania–Bodhjung Link

The Ministry of Railways has approved a Final Location Survey (FLS) for a proposed new railway line between Jirania and Bodhjung Nagar in Tripura. The planned section will span 14 km and is estimated to cost around Rs 4.2 million, with the entire alignment located within West Tripura district. The approval marks a key step towards strengthening railway infrastructure and supporting industrial growth in the state. Bodhjung Nagar is Tripura’s principal industrial and commercial hub, developed mainly for resource-based industries such as rubber, bamboo and food processing. The proposed Jirania..

MCF Raebareli Rolls Out Its 15,000th Passenger Coach

The Modern Coach Factory (MCF) in Raebareli, Uttar Pradesh, has reached a major production milestone with the manufacture of its 15,000th passenger coach on December 15, the Ministry of Railways said. During the current financial year 2025–26, the unit has produced a total of 1,310 coaches so far. Established in 2007 at Lalganj in Raebareli, MCF is among India’s most advanced passenger coach manufacturing facilities. Built at a cost of around Rs 31.92 billion, the factory has an installed annual capacity of 1,000 coaches and is located about 3 km from Lalganj on the Kanpur–Raebareli Roa..

RVNL Wins Gandak River Rail Bridge Contract

Rail Vikas Nigam Limited (RVNL) has received a Letter of Award from North Eastern Railway for a major railway infrastructure project valued at Rs 1.65 billion. The contract relates to the construction of the substructure for a key railway bridge over the Gandak River. The bridge will be constructed between Paniyahwa and Valmikinagar stations as part of the doubling of the Gorakhpur Cantt–Valmikinagar railway section. Designed to enhance capacity and operational efficiency, the structure will comprise 14 spans of 61 metres each and will be supported by double D-type well foundations. The des..