Godrej Properties emerges as
highest bidder for two plots in Navi
Godrej Properties emerges as highest bidder for two plots in Navi Mumbai on Business
Standard. Spread over nearly 1.5 acres, this project will offer approximately 400,000 square
feet of development potentia
Companies News Godrej Properties (GPL) on Monday announced that
it has emerged as the highest bidder in the CIDCO e-auctioning process
with the total bidding value of Rs 166 crore for the two adjacent plots in
Sanpada area of Navi Mumbai.
Spread over nearly 1.5 acres, this project will offer approximately
400,000 square feet of development potential comprising primarily of
premium residential apartments of varied configurations with a small
amount of high street retail at the base of the development.
ALSO READ: Godrej Properties buys land worth Rs 166 cr for
residential proj in Mumbai
Pirojsha Godrej, executive chairman, Godrej Properties said, “We are
happy to add this new project in Navi Mumbai to our portfolio.
This project will strengthen our development portfolio in MMR and fits
well with our strategy of deepening our presence in key markets across
India's leading cities...Read more.
News Source : BS / Business Standard