Godrej Properties (GPL) has emerged as the highest bidder and has secured the letter of intent to develop two group housing plots through an e-auction conducted by the Haryana Shehri Vikas Pradhikaran (HSVP), the company said in a regulatory filing.
Gaurav Pandey, MD & CEO of the company said, “It aligns well with our expansion strategy and will further solidify our position as a leading real estate developer in NCR.”
These two land parcels are located in along the Golf Course Road, Gurugram. The two projects spread over 2.76 acres and 5.15 acres respectively have a combined estimated revenue potential of approximately Rs 3,100 crore.
