Godrej Properties has acquired approx. 90 acres of land parcel in Khalapur-Raigad area in Maharashtra. The land is located near Karjat Khopoli Road and is estimated to have a development potential of approx. 1.7 million sq. ft. of saleable area, comprising primarily of residential plotted development.
The plotted development format has gained significant traction, enabling the building of an outstanding residential community for residents. The land acquisition in Khalapur which is a promising upcoming location, follows its last development, Godrej Hillview Estate, towards expanding its presence in the region.
Located about 70 km from Mumbai, Khalapur features a well established social and civic infrastructure, including several schools, healthcare facilities, shopping malls, and entertainment venues.
The land is in proximity to the Mumbai Trans Harbour Link and the Mumbai-Pune Expressway, providing connectivity to Mumbai, Navi Mumbai, and Pune.