Godrej Properties buys 60-acre land parcel in Chennai for plotted developments.

Godrej Properties Ltd. announced recently that it has acquired a 60-acre land parcel in Chennai on which it plans to develop residential plots.

The land parcel, located in the micromarket of Oragadam Junction, would be developed into 16 lakh sq ft of saleable area, the company said in an exchange filing.

HBL