Godrej Properties Buys 4.95 acres in Noida for ₹331.75 Crore
Representative AI image NEW DELHI: Godrej Properties has secured the highest bid for a 4.95-acre residential land parcel in Sector 151, Noida during an e-auction hosted by the New Okhla Industrial Development Authority (NOIDA). The land was acquired for ₹331.75 crore, as indicated on the e-tendering portal of HDFC Bank. NOIDA will issue the allotment letter following the necessary procedures. The land spans 20,050 sq meters and is set to be developed into a residential group housing project, with expected revenues exceeding ₹2,000 crore. This project will feature premium residential apartments in various configurations. Earlier this month, Godrej Properties also…