Godrej Properties and Hero Realty are in talks to sell a 14-acre land piece in Gurugram worth roughly Rs 730 crore. The Mumbai-based real estate firm purchased the land in Sector 89 from a local land-aggregating company almost two years before. "The sale of the land is surprising given that Godrej purchased it less than two years ago." "The deal is at a very advanced stage, and both partners...
Microtek Infratech
Godrej Properties purchased around 15 acres of land in Gurugram Sector 103 for a net value of Rs 403 crore from Microtek Infratech. The news confirmed by CRE Matrix, a real estate data analytics business provider. The sale deed was signed in the name of Godrej Vestmark LLP On June 22, 2023. According to the paperwork, the company also paid a stamp duty of Rs 28.21 crore for the...