Godrej Properties Acquires 12.5 Acres in Hyderabad
Godrej Properties (GPL) has procured approximately 12.5 acres of land in Rajendra Nagar, Hyderabad, aiming to develop around 4 million sq ft of saleable area, primarily comprising residential apartments. The estimated revenue potential from this development is approximately ₹3,500 crore. GPL's recent financial report for Q3 FY24 reveals a growth of 11.21% in net consolidated profit, reaching ₹62.72 crore, compared to the corresponding quarter of the previous fiscal year.