Godrej Properties (GPL) has acquired an 8.5-acre land parcel in Mahalunge, Pune, and the proposed development will focus mainly on group housing.
The site, located in the fast-growing Mahalunge-Hinjewadi area, will primarily feature group housing and offer around 2.1 million sq. ft. of developable space. , for an estimated Rs 2,000 crore revenue potential The location benefits from proximity to the upcoming Pune Inner Ring Road and the Hinjewadi-Balewadi corridor, making it strategically positioned. Additionally, the area is well-served by top educational institutions like Delhi Public School and Symbiosis Centre for Management, and is easily accessible from key IT and BFSI hubs in Baner-Balewadi and Hinjewadi.
Godrej Properties brings its innovation, sustainability, and excellence philosophy to this development, further expanding its footprint in the growing real estate in the city.