- Company: Godrej Properties
- Project: Two luxury housing plots in Gurugram
- Revenue potential: 3,100 crore ($380 million)
- Plot size: 2.76 acres and 5.15 acres
- Location: Gurugram, Haryana, India
- Current time: 2023-07-13 03:11:35 PST
Godrej Properties, a leading real estate developer in India, has won two luxury housing plots in Gurugram with a combined revenue potential of ? 3,100 crore ($380 million). The plots, which are located in the Sector 54 and 55 areas of Gurugram, are spread over 2.76 acres and 5.15 acres respectively.
Godrej said it was declared the highest bidder in an e-auction for the two plots. The company plans to develop the plots into high-end residential projects with amenities such as a clubhouse, swimming pool, and a gym. The projects are expected to be completed in 3-4 years.
The win is a significant milestone for Godrej Properties, as it further strengthens the company's presence in the luxury housing segment. Gurugram is one of the most sought-after locations for luxury housing in India, and the two plots that Godrej has won are located in prime locations.
The company is confident that the projects will be successful, as there is a strong demand for luxury housing in Gurugram. The projects are also expected to be a major revenue driver for Godrej Properties in the coming years.
