📋 Tender Overview
Scope : To Set up Residential Complex in Rajendra Nagar in Hyderabad, Telangana.
Godrej Properties (GPL) has acquired around 12.5 acre of prime land in Rajendra Nagar in Hyderabad, Telangana. It has an estimated revenue potential of around Rs 3,500 crore.
Godrej Properties has made an entry into Hyderabad, which is among the growing residential real estate markets in the country. The project offers premium residential apartments of various configurations. The development on this land is estimated to have a potential of around four million sq. ft. of saleable area.
The strategic location of Rajendra Nagar is enabling as it has a well-developed physical and social infrastructure comprising schools, colleges, hospitals, and retail outlets. The location offers connectivity to the Rajiv Gandhi International Airport and all major commercial hubs of the city. It seeks to deliver a landmark project for long-term value for its residents.
The project will cater to home buyers, who are looking for a high-quality living experience with modern amenities and design. This acquisition is in line with its strategy of strengthening its portfolio across the key markets in India.
