The project would entail a saleable area of approximately 6.20 lakh square feet and will fetch revenue of about ₹500 crore based on present assumptions.
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According to the filing, the site is ideally situated in Joka's rapidly growing micromarket, which is near the main city and Diamond Harbour.
Godrej Properties said last month that it exceeded its full-year business development target of ₹20,000 Crore.
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Godrej Industries reported a consolidated sales of ₹3,647 Crore in Q2 FY2025. The Home Care segment expanded by 12%.
Over USD 1.5 billion is the estimated earning potential of GPL's developable land on Gurgaon's Golf Course Road.
The project has a combined income potential of ₹3,500 Crore, according to the company's stock exchange filing.
The company is a prominent real estate developer with a strong presence in Delhi-NCR, Mumbai Metropolitan Region (MMR), Pune, and Bengaluru.
Godrej Properties' bookings increased by 89% year over year in the first half of the current fiscal year to Rs 13,800 crore.
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