Company updateEconomic Times
Godrej Properties buys 31-acre land in Indore for Rs 130 cr
Positive+206 sources
GreyOak summary
Godrej Properties Ltd acquired a 31-acre land parcel on Indore-Ujjain Road for approximately Rs 130 crore. The company plans to develop the site into a residential project with an estimated saleable area of 0.7 million square feet. This acquisition marks the developer's third project in Indore, reflecting its expansion strategy in high-growth markets.
What it affects
- Godrej PropertiesGODREJPROPPositive +20
Bought 31 acres in IndoreRolling sentiment Positive +28
- Real EstatePositive +20
Expansion in Indore plotted residential market.Rolling sentiment Neutral +13
Source
Read the original at Economic TimesMore Godrej Properties news
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