Godrej Properties Limited — Updates, 17-06-2025: Press Release

Godrej Properties has announced a board meeting on an upcoming date. The company acquired a ~16-acre land parcel in Upper Kharadi, Pune, its second acquisition this month in the area. The new project will feature premium group housing and high-street retail, with a developable area of ~2.5 million sq ft and estimated revenue potential of ~INR 3,100 crore. This expansion strengthens Godrej’s presence in the rapidly growing Kharadi-Wagholi micro-market, known for strong connectivity and proximity to key IT hubs, enhancing long-term value creation.