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