Godrej Properties buys 18-acre land in Bengaluru for housing project
New Delhi: Godrej Properties Ltd has bought 18 acres land parcel at Whitefield, Bengaluru for a housing project.
The project will have 24 lakh square feet of saleable area having “primarily of residential apartments of various configurations” the company said in a statement.
Pirojsha Godrej, Executive Chairman, Godrej Properties said, “We are happy to add this new project in Bangalore. Bangalore is a key market for us and this project fits well with our strategy of deepening our presence across the country's leading real estate markets.”.
The company did not specify the purchase value of the land or the expected sales from the project.