Godrej Properties To Buy Land Worth Rs 5\,000-6\,000 Crore Amid Stress

Godrej Properties To Buy Land Worth Rs 5,000-6,000 Crore Amid Stress
The under-construction Godrej Prime, a residential property project developed by Godrej Properties Ltd., stands in the Chembur area of Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Godrej Properties To Buy Land Worth Rs 5,000-6,000 Crore Amid Stress

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India’s second-largest developer by market value plans to invest Rs 5,000-6,000 crore on buying land to make the most of the stress in the real estate sector.The company intends to deploy the capit...