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Private Sector | Multi State - India | PID: 203565
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Godrej Properties has added eight new land parcels in the first six months of the financial year 2024-25 with an estimated saleable area of about 11 million sq. ft. and a total estimated booking value potential of around Rs 12,650 crore, as per its latest operational updates for the July-September quarter.
This includes the addition of six new land parcels in the second quarter of this financial year with an expected booking value of Rs 9,650 crore. The multiple projects include Golf Course Road in Gurugram, and recently the company has also entered Indore region. The company has achieved 63 percent of its annual guidance for new business development and land acquisition.
The company acquires land purchasing outright and forms partnerships with landowners in a joint development process to expand the business.
| Updated on: 26 - Oct - 2024
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