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godrej properties buys 75 acres of land in gurugram for rs 5500 crore residential project


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It has emerged as the highest bidder for a luxury group housing plot on Golf Course Road in Gurugram, the company said in a stock exchange filing on Friday.

Real estate major Godrej Properties has won the bid to acquire 7.5 acres of land in Gurugram to develop a luxury residential project with a revenue potential of over Rs 5,500 crore.

It has emerged as the highest bidder for a luxury group housing plot on Golf Course Road in Gurugram, the company said in a stock exchange filing on Friday.

Its revenue potential is more than Rs 5,500 crore. Godrej Properties has so far acquired 11 new plots in the current financial year 2024-25. Gaurav Pandey, Managing Director and Chief Executive Officer (CEO) of the company, said, “Our projects have witnessed strong demand in the National Capital Region (NCR) market, which reflects the immense trust reposed in us by our customers.

Disclaimer: Prabhasakshi has not edited this news. This news has been published from PTI-language feed.



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