Godrej Properties (GPL) has emerged as the highest bidder in the City and Industrial Development Corporation of Maharashtra (CIDCO) auctioning process for two adjacent plots in Navi Mumbai. GPL will acquire two plots in Sanpada, Navi Mumbai, from CIDCO.
The total bidding value is Rs 166 crore for the two adjacent plots situated approximately one km away from Palm Beach, Sanpada.
Spread over approximately 1.5 acre, this project will offer over four lakh sq ft development potential comprising primarily of premium residential apartments of varied configurations with a small amount of high street retail at the base of the development.
