Nearly a third of Godrej's extensive 3,000-acre land holdings, which have been part of the family assets since the early 1940s after acquisitions through government auctions and subsequent plot purchases, is poised for development.

Ajmera Realty Purchases Vikhroli Land From Tata Communications Ltd. The projected gross sales value of the purchase of the 5,017 square metre plot is Rs 550 crore, and it would be used for a residential complex providing 1/2/3 BHK.