Godrej Properties acquires 50-acres land parcel in Manor Palghar

4 Nov 2022 , 04:03 PM

Godrej Properties has entered into an agreement for outright purchase of a land parcel in the fast developing micro market of Manor Palghar Spread across ~ 50 acres the proposed project is estimated to have a developable potential of approximately 12 million square feet of saleable area comprising primarily of residential plotted development The company expects the project to offer a booking value potential of approximately Rs 500 crore on the basis of current business assumptions