One of India’s leading real estate developers Godrej Properties acquires 58 acres of land in Nagpur for which development will primarily consist of plotted residential units having a 1.5 million sq. ft saleable area.
This upcoming project will have good connectivity to Nagpur Airport and the Nagpur – Hyderabad highway. Connectivity and the related demand for quality residential units will also be further boosted by many prominent upcoming infrastructure projects like the Metro Rail project, IT and manufacturing facilities in MIHAN SEZ and Airport Cargo Hub, along the Samruddhi Mahamarg. These projects will also increase the demand for residential units in the area.
Mohit Malhotra, MD & CEO, Godrej Properties, said, “We are happy to add this new project in Nagpur to our portfolio. This fits with our strategy of strengthening our presence in key residential markets across the country. We will seek to ensure this project delivers an outstanding lifestyle to its residents.”
Godrej Properties upholds its philosophy of innovation and excellence in the real estate industry with a 125-year legacy of cutting-edge design and technology by focusing on sustainable development. In FY 2021 the value and volume of residential units achieved brought Godrej Properties to the forefront as the largest developer in India.