23
Feb
Godrej Properties Ltd. has entered into a joint development agreement to build a large residential project on an 18-acre land parcel in Thane, part of the Mumbai Metropolitan Region (MMR), with an estimated revenue potential exceeding ₹7,500 crore.In a regulatory filing, the Mumbai-based real estate developer said the upcoming project will be predominantly residential. However, the company did not disclose the name of the landowner involved in the agreement.The move aligns with Godrej Properties’ expansion strategy, which focuses on strengthening its presence in high-growth micro-markets. The company typically expands its portfolio through a mix of outright land purchases and joint…
