Browsing Tag

property acquisition

2 posts

Mumbai-Based Developer Avighna Acquires Dubai’s Emaar Business Park 3 for Rs. 555 Crore

Avighna Group, a prominent Mumbai-based developer, has acquired Emaar Business Park 3 in Dubai for approximately Rs. 555 crore. This multi-tenanted Grade-A office building on Sheikh Zayed Road strengthens Avighna’s global real estate portfolio and marks its strategic entry into the thriving GCC property market.
Godrej Properties

Godrej Properties Wins Bid for Luxury Housing Plots in Gurugram

Godrej Properties Ltd. has secured two premium group housing plots in Gurugram through an e-auction by Haryana Shehri Vikas Pradhikaran (HSVP). The plots, one measuring 3.6 acres on Golf Course Road and the other 1.97 acres in Sector 39, have a combined bid value of INR 515 crore. They offer over 1 million square feet of development potential and an estimated revenue exceeding INR 3,400 crore. This acquisition expands GPL’s NCR portfolio, with four major projects now estimated to generate over USD 1 billion in revenue.