Godrej Properties buys 9-acre land in Gurugram, sees revenue of Rs 2,500 cr

Godrej Properties has acquired around 9 acres of land in Haryana’s Gurugram, predicting a revenue potential of some Rs 2,500 crore in the residential project.

The project in Golf Course Road Extension will offer 1.6 million square feet of premium residential development, said the real estate firm in a statement without mentioning the deal’s price value and seller’s name.

Golf Course Road Extension is a premium location offering quality residential, corporate and retail parcels for realty developers.

“Gurugram is an important market for us and Golf Course Road Extension is an established and premium micro-market with good civic and social infrastructure. We aim