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Godrej acquires 14-acre land in Pune to build project worth Rs 4,200 cr
Godrej acquires 14-acre land in Pune to build project worth Rs 4,200 cr

Business Standard

time2 hours ago

  • Business
  • Business Standard

Godrej acquires 14-acre land in Pune to build project worth Rs 4,200 cr

Realty firm Godrej Properties Ltd has acquired a 14-acre land in Pune to develop a housing project with a revenue potential of Rs 4,200 crore as part of its expansion plan. In a regulatory filing on Monday, Godrej Properties said it will develop the 14-acre land parcel in Kharadi - Wagholi, Pune. The development on this land will comprise primarily premium group housing. "The project will have a developable potential of 3.7 million square feet with an estimated revenue potential of Rs 4,200 crore," the company said. Gaurav Pandey, MD & CEO, Godrej Properties, said, "Kharadi - Wagholi is one of the most sought-after destinations in Pune, and we are happy to mark our entry into this micro market. This further enhances our presence in Pune and fits within our strategy of strengthening our presence across key micro-markets in India." "We will aim to build a high-quality development that creates long-term value for its residents," Pandey said. Mumbai-based Godrej Properties is one of the leading real estate developers in the country. The company has a significant presence in Mumbai Metropolitan Region, Delhi-NCR, Bengaluru and Pune. It has recently entered the Hyderabad property market. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Godrej Properties acquires 14-acre land in Pune to build housing project worth Rs 4,200 cr
Godrej Properties acquires 14-acre land in Pune to build housing project worth Rs 4,200 cr

Economic Times

time3 hours ago

  • Business
  • Economic Times

Godrej Properties acquires 14-acre land in Pune to build housing project worth Rs 4,200 cr

Realty firm Godrej Properties Ltd has acquired a 14-acre land in Pune to develop a housing project with a revenue potential of Rs 4,200 crore as part of its expansion plan. ADVERTISEMENT In a regulatory filing on Monday, Godrej Properties said it will develop the 14-acre land parcel in Kharadi - Wagholi, Pune. The development on this land will comprise primarily premium group housing. "The project will have a developable potential of 3.7 million square feet with an estimated revenue potential of Rs 4,200 crore," the company said. Gaurav Pandey, MD & CEO, Godrej Properties, said, "Kharadi - Wagholi is one of the most sought-after destinations in Pune, and we are happy to mark our entry into this micro market. This further enhances our presence in Pune and fits within our strategy of strengthening our presence across key micro-markets in India." "We will aim to build a high-quality development that creates long-term value for its residents," Pandey said. ADVERTISEMENT Mumbai-based Godrej Properties is one of the leading real estate developers in the country. The company has a significant presence in Mumbai Metropolitan Region, Delhi-NCR, Bengaluru and Pune. It has recently entered the Hyderabad property market. (You can now subscribe to our Economic Times WhatsApp channel)

Godrej Properties acquires 14-acre land in Pune to build housing project worth Rs 4,200 cr
Godrej Properties acquires 14-acre land in Pune to build housing project worth Rs 4,200 cr

Time of India

time4 hours ago

  • Business
  • Time of India

Godrej Properties acquires 14-acre land in Pune to build housing project worth Rs 4,200 cr

Realty firm Godrej Properties Ltd has acquired a 14-acre land in Pune to develop a housing project with a revenue potential of Rs 4,200 crore as part of its expansion plan. In a regulatory filing on Monday, Godrej Properties said it will develop the 14-acre land parcel in Kharadi - Wagholi, Pune. The development on this land will comprise primarily premium group housing. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Elegant New Scooters For Seniors In 2024: The Prices May Surprise You Mobility Scooter | Search Ads Learn More Undo "The project will have a developable potential of 3.7 million square feet with an estimated revenue potential of Rs 4,200 crore," the company said. Gaurav Pandey, MD & CEO, Godrej Properties, said, "Kharadi - Wagholi is one of the most sought-after destinations in Pune, and we are happy to mark our entry into this micro market. This further enhances our presence in Pune and fits within our strategy of strengthening our presence across key micro-markets in India." Live Events "We will aim to build a high-quality development that creates long-term value for its residents," Pandey said. Mumbai-based Godrej Properties is one of the leading real estate developers in the country. The company has a significant presence in Mumbai Metropolitan Region, Delhi-NCR, Bengaluru and Pune. It has recently entered the Hyderabad property market.

4 days after he walked out of Faridabad jail based on namesake's bail order, undertrial arrested in Patna
4 days after he walked out of Faridabad jail based on namesake's bail order, undertrial arrested in Patna

Indian Express

time17 hours ago

  • Indian Express

4 days after he walked out of Faridabad jail based on namesake's bail order, undertrial arrested in Patna

On Tuesday, as an official of Faridabad's Neemka jail announced the name of 24-year-old Nitesh, informing about his release on bail, another man stepped forward. A name was not the only thing the 27-year-old man shared with Nitesh; both inmates, who were undertrials in the same ward, also had the same father's name: Ravinder. Taking advantage of the mix-up, and the fact that the Nitesh the jail official was looking for was elsewhere, Nitesh Pandey managed to walk out of jail. On Saturday, Faridabad Crime Branch apprehended Pandey from Kalyanpur village in Patna, Bihar, following a tip-off. 'The two undertrials were in the same ward. Pandey had knowledge of the impending bail order for Nitesh, and the fact that the father's name of both the men were the same. When a jail official announced Nitesh's name to instruct him to step out of the ward, Pandey, taking advantage of Nitesh's absence, raised his hand, managing to get free,' a Faridabad Police spokesperson told The Indian Express on Sunday. Pandey was arrested in October 2021 for alleged sexual assault on a nine-year-old boy in Sector 58. The other Nitesh, who goes by only one name, is a resident of Shastri Colony, Faridabad, and had secured bail on May 26 in a trespassing and assault case. Pandey's fraud was discovered when his namesake, still in custody despite the bail order, inquired about his release. Records were soon examined, which revealed that Pandey had been released instead. An FIR was filed against Pandey on Wednesday at Ballabhgarh Sadar police station under sections 262 (obstructing lawful apprehension) and 319 (cheating by personation) of the Bharatiya Nyaya Sanhita (BNS). Pandey, hailing from Patna, was earlier booked under Indian Penal Code (IPC) sections 377 (unnatural sex), 506 (criminal intimidation), and Section 6 of the Protection of Children from Sexual Offences (Pocso) Act. His bail plea was rejected in 2022, and his trial in the case is underway. 'Undertrial prisoner Nitish Pandey … who, knowing that there are no bail papers in his name, concealed his identity and got himself released in the name of another prisoner,' the complaint by Vikram Gill, Faridabad Jail Superintendent, read. Five Neemka jail staff members were suspended on Friday for alleged lapses on their part, and face departmental proceedings. Assistant Superintendent Mohanlal, Deputy Superintendent Pradeep Tyagi, Head Constable Rajendra and wardens Sanjeev and Rajesh were suspended based on an internal investigation conducted by Jail Superintendent Harendra Singh. The inquiry report highlighted negligence on their part, following which they were suspended by the Director General of Prisons, Gill had said. The original Nitesh, meanwhile, walked out of jail on Wednesday – a day after he was supposed to be released.

Name game: Man who tricked cops to walk out of Neemka jail nabbed in Bihar
Name game: Man who tricked cops to walk out of Neemka jail nabbed in Bihar

Time of India

timea day ago

  • Time of India

Name game: Man who tricked cops to walk out of Neemka jail nabbed in Bihar

Faridabad: A man, who tricked his way out of Neemka jail in the city using a namesake's identity, found that freedom was short-lived as police caught up with him in his village in Bihar. Accused in a Pocso case from 2021, Nitesh Pandey escaped police custody on May 26 when a local court granted bail to Nitish (with an 'i', not 'e') of Old Faridabad. This Nitish was arrested in connection with a case of trespass and physical assault. What confused the cops was that both accused had their fathers' names as Ravinder in jail records. Pandey sniffed the opportunity last week after coming to know that Nitish would walk out on bail. "When Nitish's name was called out in the jail premises, the actual person was absent. Pandey falsely identified himself as Nitish of Old Faridabad and deceived the jail staff into releasing him, despite knowing that the bail documents weren't in his name," a police officer said. For two days, jail officials weren't even aware of the deception. The escape finally came to light on May 28 when the actual Nitish enquired about his release. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Bolsas nos olhos? (Tente isso hoje à noite) Revista Saúde & Beleza Saiba Mais Undo An FIR was registered at Sadar Ballabgarh police station and two jail officials were suspended for negligence. A crime branch team, which led the investigation, was sent to Bihar and tracked down Nitesh at his village in Kalyanpur in Patna on Saturday. During interrogation, Pandey confessed to the impersonation. "He was aware of Nitish's bail and exploited the confusion to secure his release through deception. By posing as Nitish from Shastri Colony, he successfully walked out of jail," an official said. Pandey was produced before a local court and remanded in judicial custody. "We are investigating whether any jail staff were involved in his escape," another official added. Police officials assured strict action against anyone found negligent in the verification process of inmates. They also announced that security protocols in jails would be reviewed to prevent similar incidents in the future.

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