Godrej Properties acquires 16-acre land parcel in Upper Kharadi, Pune

<p>Representative Image</p>
Representative Image

NEW DELHI: Godrej Properties (GPL) has acquired 16-acre land parcel in Upper Kharadi, Pune.

The development on this land will primarily comprise premium group housing and high-street retail. The project has a developable potential of 2.5 million sq ft with an estimated revenue potential of ₹3,100 crore.

This is the company’s second land acquisition this month in the Kharadi–Wagholi belt, taking the estimated cumulative revenue potential from the two developments to approximately ₹7,300 crore.

The company had acquired 14-acre land parcel in Kharadi – Wagholi to develop a project with a developable potential of 3.7 million sq ft with an estimated revenue potential of ₹4,200 crore.

  • Published On Jun 17, 2025 at 08:56 AM IST

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