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flag Indian real estate firm Godrej buys land in Navi Mumbai for $94.4M, plan mixed-use development.

flag Godrej Properties, an Indian real estate developer, has bought three connected land plots in Kharghar, Navi Mumbai, for about $94.4 million. flag The 6.54-acre land is leased for 60 years and will be used for a mixed-use project, including residential and commercial spaces. flag This purchase reflects Godrej's confidence in Navi Mumbai's growth, driven by infrastructure improvements and the upcoming Navi Mumbai International Airport. flag The project has an estimated revenue potential of around ₹3,500 crore.

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