Godrej Properties emerges highest bidder for two Haryana luxury plots

  • ET Bureau

These two land parcels are located in along the Golf Course Road. 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.

The auction for the plots was conducted by Haryana Shehri Vikas Pradhikaran (HSVP). Golf Course Road is an established micromarket known for its upscale residential and commercial developments, making it an attractive destination for real estate developers. Godrej Properties has made multiple acquisitions in and around the NCR post-Covid.

Godrej Properties, the real estate development business of Godrej Group, has emerged as the highest bidder for two luxury group housing plots in Golf Course Road micromarket of Gurgaon in Haryana, the company said.

The projects, spread over 2.76 acres and 5.15 acres, will have a combined estimated revenue potential of about ₹3,100 crore. The average rate for a plot in this market is around ₹100 crore per acre.

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