Godrej Properties, part of Godrej Industries Group, has bought a 46-acre land plot in Indore to develop residential units. This project will offer about 1.16 million sq ft of saleable area.
The land is located off Indore-Ujjain Road, an important corridor set to become a 6-lane highway and a key residential and commercial zone in the city.
“Residential plots are becoming very popular, and the Indore-Ujjain Road is a great area for us to grow,” said Gaurav Pandey, MD & CEO of Godrej Properties. “This fits our strategy to expand in fast-growing cities.”
The location is well-connected to important places like Indore international airport, Indore Junction railway station, schools, and hospitals. Planned Metro expansions, growth in corporate and IT sectors, and ongoing infrastructure improvements are boosting Indore’s real estate market.
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