Godrej Properties buys 47-acre land parcel in Chennai; eyes Rs 500 cr revenue

Godrej Properties has made a significant step by purchasing a 47-acre land parcel in South Chennai. The intended development of residential plots is projected to yield an impressive Rs 500 crore in revenue. This acquisition responds to the surge in demand for well-organized living spaces in the region, enhancing Godrej's position in Chennai's property scene and supporting its wider growth objectives.