Godrej Properties has successfully sold apartments worth Rs 2,600 crore in its project, Godrej Aristocrat. Situated in Sector 49 on Golf Course Extension Road, Gurugram. Godrej Properties had also acquired two land parcels for a residential project in Noida from the local authority through an auction for Rs 377 crore, as it continues its aggressive expansion in the NCR.
Real estate developer TulipInfratech plans to invest Rs 280 crore to develop residential space as part of phase 2 of its Tulip Monsella project in Gurgaon. The company purchased the property from PNB Housing Finance Ltd, which had taken over the land in 2020 after the borrower defaulted on repayment. The overall project is estimated to be valued at over Rs 5000 crore and will include residential and commercial space.
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