<p>Godrej Properties on Tuesday said it has bought about 15-acre land in Bengaluru to develop a housing project.</p>.<p>In a regulatory filing, the company said: "it has entered into an outright transaction to purchase a well-located land parcel in Sarjapur, Bengaluru".</p>.<p>Godrej Properties, which is part of the business conglomerate Godrej Group, did not disclose the deal value as well as the name of the seller.</p>.<p>Spread across approximately 15 acres, this project will offer around 1.6 million square feet of the potential saleable area comprising of residential apartments of various configurations.</p>.<p>Pirojsha Godrej, Executive Chairman, Godrej Properties said, "Bengaluru is a key market for us and this project addition fits well with our strategy of deepening our presence across the country's leading real estate markets.”</p>
<p>Godrej Properties on Tuesday said it has bought about 15-acre land in Bengaluru to develop a housing project.</p>.<p>In a regulatory filing, the company said: "it has entered into an outright transaction to purchase a well-located land parcel in Sarjapur, Bengaluru".</p>.<p>Godrej Properties, which is part of the business conglomerate Godrej Group, did not disclose the deal value as well as the name of the seller.</p>.<p>Spread across approximately 15 acres, this project will offer around 1.6 million square feet of the potential saleable area comprising of residential apartments of various configurations.</p>.<p>Pirojsha Godrej, Executive Chairman, Godrej Properties said, "Bengaluru is a key market for us and this project addition fits well with our strategy of deepening our presence across the country's leading real estate markets.”</p>