The project will offer 1.6 mm sq ft square feet of premium residential development with exceptional lifestyle amenities, Gaurav Pandey, MD & CEO Designate, Godrej Properties, said
MUMBAI, Dec 29 (The CONNECT) – Realty major Godrej Properties Ltd. (GPL) today announced that it has acquired approximately 9 acres of land in Gurugram, Haryana through an outright purchase. This project will offer approximately 1.6 million square feet of premium residential development with exceptional lifestyle amenities and, going by the current market, will have an estimated revenue potential of approximately INR 2,500 Crore.
The site is strategically located with easy access from Golf Course Road Extension, also known as Southern Peripheral Road.
Gaurav Pandey, MD & CEO Designate, Godrej Properties, said, the company aims to build premium residential spaces with best-in-class amenities.
This project, he said, “will allow it to significantly increase our market share in Gurugram over the next several years and fits within our strategy of strengthening our presence in key micro markets”.
Golf Course Road Extension is one of the most premium micro-markets of NCR offering quality residential, corporate and retail developments.