Godrej Properties purchased 12.5 acres in Hyderabad

In an attempt to increase the size of its holdings in strategic Indian markets, Godrej Properties Limited has purchased roughly 12.5 acres in Rajendra Nagar, Hyderabad. The property is in a desirable location, according to the firm, and has the potential to be developed into about 4 million square feet of saleable space, bringing in ₹3,500 crore in revenue.It is anticipated that the project will mostly consist of upscale residential apartments. According to the corporation, the location boasts a well-developed infrastructure with access to the city’s economic centers and the airport, as well as hospitals, schools, and colleges.We are happy to announce that we have entered Hyderabad, one of the nation’s biggest and fastest-growing residential real estate markets. According to Gaurav Pandey, MD and CEO of Godrej Properties, “This acquisition is in line with our strategy of strengthening our portfolio across the key markets in India. We will seek to deliver a landmark project that creates long-term value for its residents.