Godrej Properties acquires 60 acres of land in Chennai | All Tech Sir

Considered one of India’s main actual property builders, Godrej Properties Ltd. at the moment introduced that it has acquired 60 acres of land within the fast-growing micro market at Oragadam Bend in Chennai.

Protecting an space of ​​~ 60 acres, the proposed challenge has a developable potential of roughly 1.6 million sq. meters of salable space, which incorporates primarily residential improvement.

The positioning is strategically positioned between the Grand Southern Expressway (GST Highway) and NH-4, simply close to the Oragadam junction (on 6-lane SH-48), providing entry to different elements of the town through the Chennai Ring Highway, Chennai Thiruvallur Excessive. Highway and Pink Hills Highway.

Gaurav Pandey, MD & CEO, Godrej Properties stated, “We’re delighted so as to add this plot to our portfolio. That is in step with our technique to deepen our presence in India’s main cities. We intention to construct a wonderful challenge in Chennai that can create long-term worth for its residents.”

Oragadam Junction is acknowledged as certainly one of Chennai’s quickest rising enterprise and main industrial corridors, with the manufacturing services of twenty-two Fortune 500 firms positioned within the industrial belt stretching from Sriperumbudur to Oragadam. The realm is nicely linked by highway and rail and presents good civic and social infrastructure consisting of colleges, schools, hospitals and purchasing shops.

Godrej Properties brings the Godrej Group philosophy of innovation, sustainability and excellence to the true property business.

Get all company information and updates on Dwell Mint. Obtain Mint Information for day by day market updates and enterprise information.

Extra Much less

Supply hyperlink