Godrej Properties has acquired a 46-acre land parcel in Indore, Madhya Pradesh and made its foray into the city. The development on this land will primarily comprise plotted residential units and will offer an estimated saleable area of 1.16 million sq. ft.
The land is located just off Indore-Ujjain Road, a major upcoming corridor of Indore and an important residential and commercial area in the city. The location offers good connectivity to key landmarks such as the Indore International Airport, Indore Junction railway station, educational institutes, and medical infrastructure. It is coming up as a micro-market in this space.
The proposed expansion of Metro lines, corporate and IT sectors, and infrastructure development have further contributed to the growth of the residential real estate market in the city. This aligns well with the company's ongoing growth strategy of entering fast-growing cities towards plotted development, and taps into Indore's growth potential.
Godrej Properties' development showcases a commitment to cutting-edge design, technology, sustainability, and excellence.