Godrej Properties has announced 59 acre JV Deal in Pune Mamurdi

Godrej Properties Announces Major Residential Project in Pune. Godrej Properties, a leading Indian real estate developer, has signed a deal to develop a massive residential project in Pune. Godrej Group signs 59 acre JV Deal in Mamurdi Pune with local land owner with development potential of approx 4.5 million sq.ft.

• Project Highlights:

  • Location: Mamurdi, Pune (near Mumbai-Pune Expressway)
  • Land Area: Approximately 59 acres
  • Saleable Area: Nearly 4.5 million sq ft
  • Project Type: Residential

• Strategic Advantages:

  • Excellent connectivity via Mumbai-Pune Expressway
  • Proximity to key commercial areas like Wakad, Hinjewadi, and Pimpri-Chinchwad
  • Well-connected to social infrastructure in West Pune

• Company Strategy:

  • Aligns with Godrej Properties’ plan to expand in leading Indian real estate markets
  • Capitalizes on Pune’s growth potential

• Quote:

  • Pirojsha Godrej, Executive Chairman of Godrej Properties, expressed his satisfaction with adding this project to their portfolio in Pune, a crucial growth market for the company.

Overall, this project signifies Godrej Properties’ commitment to developing large-scale residential projects in high-demand areas of Pune.