Godrej Properties has won the bid for a group housing plot in Noida, Uttar Pradesh for a total bid value of Rs 506 crore. The real estate firm will develop the group housing plot measuring more than 26,000 sq. mtrs.
The land parcel in Sector-44, Noida was put up for sale by Noida Authority through an e-auction in December 2023, and subsequently bids were received.
During the e-auction on 26 February, 2024, Godrej made the highest bid at Rs 506 crore and won the bid for the plot. The allotment letter has been processed by the Authority.