Goel Ganga Developments acquires Guardian Developers’ 3 projects for Rs. 100 crore.

Pune-based realty developer Goel Ganga Developments has acquired three upcoming projects of another developer Guardian Developers in a Rs. 100 crore transaction.

These properties are located in Pune’s New Wagholi, Hinjewadi and Ambegaon-Katraj localities, Goel Ganga Developments said in a release. All the approvals for these projects have already been secured.

The projects will be completed with the financial support of the Piramal Group’s non-banking finance company Piramal Capital & Housing Finance.

The company is planning to develop residential, school, student housing and senior citizen housing projects on these land parcels.

ET