NEW DELHI: Godrej Properties will acquire 26.58 acres land in Ashok Vihar, New Delhi from the Railway Land Development Authority (RLDA) for 1,359 crore, the company said in a media release.
The payment for this land will be made in instalments over several years as stipulated in the tender documents. The land parcel has approximately 3.28 million sq ft of development potential. This is company's second project in Delhi after Godrej South Estate in Okhla.
February 17, 2020