Godrej Properties acquires 90 acres of land in Maharashtra’s Khalapur

Godrej Properties on Monday announced that it has acquired approximately 90-acre land parcel in Khalapur – Raigad in Maharashtra. The land, it added, is located near Karjat Khopoli Road and is estimated to have a development potential of approximately 1.7 million square feet of saleable area comprising primarily of residential plotted development.

Gaurav Pandey, MD & CEO, Godrej Properties, said, “Residential plotted development has gained significant traction in recent years. Khalapur is a promising upcoming location.