Godrej Properties to Develop ~11-acre Land Parcel in Hinjewadi, Pune with Estimated Revenue Potential of ~INR 1,800 crore

Godrej Properties Ltd. (GPL) has announced that it will develop an ~11-acre land parcel in Hinjewadi, Pune. The project, which will comprise primarily Group Housing & High Street Retail, has a developable potential of ~ 2.2 million square feet and an estimated revenue potential of ~ INR 1,800 crore. The land parcel is strategically located near the upcoming Megapolis Metro Station and offers good connectivity to major IT hubs in Hinjewadi, Pune. Gaurav Pandey, MD & CEO, Godrej Properties, expressed his delight at the addition of this land parcel to their portfolio, stating that it enhances their presence in Pune and fits within their strategy of strengthening their presence across key micro-markets in India. Godrej Properties is committed to building an outstanding gated community that creates long-term value for its residents.