New Delhi, March 18 Godrej Properties Ltd, a real estate firm, has acquired 20 acres in Bengaluru to develop a housing project with an estimated revenue of Rs 1,350 crore.
In a regulatory filing on Wednesday, the company stated that it has acquired a 20-acre land parcel in East Bengaluru.
Godrej Properties did not disclose the cost of the land.
"The company plans to develop a high-end residential project on this site, with an estimated revenue potential of approximately Rs 1,350 crore," the company said.
Godrej Properties, one of India's leading real estate developers, has a strong presence in the Mumbai Metropolitan Region, Pune, Bengaluru, Delhi-NCR, and Hyderabad.
The company sells residential plots in smaller cities.
