Years
Godrej Properties, however, did not give information about the financial statements of the deal. This Bhumikhand is located in Sector 40 of Panipat. It will have a residential development of about 10.2 lakh square feet.
Godrej Properties have acquired 43 acres of land in Panipat, Haryana, which is expected to earn more than Rs 1,250 crore. The company said in the information to the stock market that it has “acquired 43 acres of land for development, which will have a revenue capacity of more than Rs 1,250 crore”.
Godrej Properties, however, did not give information about the financial statements of the deal. This Bhumikhand is located in Sector 40 of Panipat. It will have a residential development of about 10.2 lakh square feet.
Gaurav Pandey, Managing Director and Chief Executive Officer (CEO) of Godrej Properties, said, “This project is in line with our strategy to expand new markets for development 'Plotade' (plot) development. Haryana has been a major market for us, and we are ready to develop 'Plotted Township' in Panipat … '' Godrej Properties is one of the country's leading real estate companies.
Disclaimer: Prabhasakshi has not edited this news. This news has been published from the feed of PTI-language.
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