Godrej Properties, a big name in Indian real estate, has shared news of buying 24 acres of land in Indore. This is a big move in their plan to grow. The land, close to the Indore bypass road, will have high-end home plots, with a total space of 6.20 lakh square feet for sale.
This new buy shows how Godrej Properties is growing in Indore after its buy of 46 acres on the Indore-Ujjain road in 2024. The firm looks to build lively and eco-friendly communities and wants to make the most of the growing real estate scene in the city.
Why did Godrej Properties choose Indore’s land market?
The new land is smartly placed off the Indore bypass road, a hot spot for real estate. The area has:
Good links: It is near key spots like Chhatrapati Shivaji Square and the main parts of the city.
Modern Features: Close to schools, the best hospitals like CHL Hospital, and fun places like Phoenix Inside Mall.
Job options: Its closeness to IT parks like Crystal IT Park makes it attractive for new homes.
“The Indore bypass road is a bright chance for growth, especially for new home plots. This buy fits our plan to go into fast-growing cities while giving long-term value for residents,” said Gaurav Pandey, MD & CEO of Godrej Properties.
Making the most of Indore’s growth
Indore is becoming a hot real estate market. Godrej Properties is ready to build a modern, eco-friendly community that meets the city’s rising home needs. This new project will mix modern living with easy access to great roads and city features.
This buy also shows the firm’s plan to focus on fast-growing cities that promise good returns and fit with buyers’ wants. As Indore grows as a hub for IT and trade, Godrej Properties is set to take advantage of the city’s growth, giving long-term value to both investors and residents.
This deal shows Godrej Properties’ aim to build a strong presence in promising markets like Indore while meeting the need for new home plots.
