GODREJ PROPERTIES SECURES STRATEGIC 15-ACRE GURUGRAM LAND DEAL WITH MICROTEK

 


Godrej Properties has made an extraordinary move in the real estate arena, securing a sprawling 15-acre parcel of land in the thriving Sector 103 of Gurugram. The acquisition, valued at an impressive Rs. 403 crore, underscores the company’s unwavering commitment to innovation and excellence.

The sale agreement, formally executed on June 22, 2023, under the entity Godrej Westmark LLP, came with a substantial stamp duty of Rs 28.21 crore, reflecting the substantial nature of this transaction.

This 14.8-acre gem strategically nestles near Daulatabad village in Sector 103 of Gurugram, promising boundless potential for future development and expansion.

Godrej Properties continues to expand its presence in Gurugram, having previously secured nine acres of prime land in December 2022 for an upscale residential venture. Furthermore, the company is actively shaping luxury residences along the prestigious Golf Course Road in Gurugram, poised to generate an estimated revenue of Rs 3,100 crore.

Simultaneously, the Godrej 101 Project has successfully introduced Phase 1 to the esteemed residents of Sector 79 in Gurgaon. At present, Phase 2 is open for bookings, featuring three elegant towers, each standing tall at 14 floors. These towers offer a diverse range of well-crafted apartments, including 2 BHK, 2.5 BHK, 3 BHK, and lavish 3.5 BHK flats. This exclusive project encompasses a total of 210 units, all exemplifying the pinnacle of luxury living.

As a subsidiary of the renowned Godrej Group, Godrej Properties continues to distinguish itself as a premier real estate developer with a strong emphasis on delivering excellence in residential projects across key regions such as Delhi-NCR, Mumbai Metropolitan Region (MMR), Bengaluru, and Pune.

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Godrej 101 said…
Informative news regarding investment in Godrej Properties
September 25, 2023 at 10:20 PM
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