March 26, 2025
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Godrej Properties Acquires 6.54 Acres For Rs 717 Crore
(20 second reading) Godrej Properties Ltd has acquired three contiguous land parcels on lease from the CIDCO in Navi Mumbai’s Kharghar. The total land area is 26,478 square meters, with a total value of Rs 716.58 crore. All the transactions were registered in March 2025.
Navi Mumbai is currently witnessing a significant surge in real estate activity, largely attributed to extensive infrastructure upgrades in the region. The operational status of the Atal Setu and the impending completion of the Navi Mumbai International Airport (NMIA) are pivotal factors driving this increased demand for residential and commercial properties.
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