NEW DELHI: Godrej Properties (GPL) has acquired a 20-acre land parcel in East Bengaluru, the company said in a BSE filing.
The company plans to develop a premium residential project on this site with an estimated revenue potential of approximately ₹1,350 crore.
The company recently acquired 44-acre land parcel in Coimbatore through an outright purchase. It plans to develop a premium plotted residential project with a developable potential of 1.1 million sq ft and an estimated revenue potential of ₹450 crore.
This acquisition marked GPL’s entry into Coimbatore.
