Archive · 31 Jan 2026
Godrej Properties Acquires Rs 2,000 Crore Pune Project
Godrej Properties, a big real estate company, bought a large piece of land in Pune, India.
They plan to build homes there, which will make them a lot of money.
The land is 8.5 acres big, and they can build about 2.1 million square feet of houses.
The CEO of the company said Pune is a great place because it has good roads and businesses.
This is one of many land deals the company is doing to build more houses in the future.
Godrej Properties acquired an 8.5-acre land parcel in Mahalunge, Pune.
The project is estimated to generate Rs 2,000 crore in revenue.
The development will primarily consist of group housing.
The land has a developable potential of approximately 2.1 million square feet.
Gaurav Pandey, MD & CEO, highlighted Pune's robust infrastructure and commercial growth.
- Who
- Godrej Properties Ltd
- What
- Acquired 8.5-acre land for a housing project
- When
- Friday (date not specified)
- Where
- Mahalunge, Pune
- Why
- To develop a group housing project with significant revenue potential
- Company
- Godrej Properties Ltd
- Location
- Mahalunge, Pune
- Land Area
- 8.5 acres
- Developable Area
- 2.1 million square feet
- Estimated Revenue
- Rs 2,000 crore
- Project Type
- Group Housing
- CEO
- Gaurav Pandey