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Godrej Properties acquires 47-acre land parcel in South Chennai, eyes ₹500 crore revenue

Godrej Properties has acquired a 47-acre land parcel in South Chennai, which is expected to generate a revenue of ₹500 crore. This acquisition is part of the company's strategy to expand its footprint in Tamil Nadu, where it already has four ongoing developments. The move signifies the growing demand for real estate in the region and highlights Godrej's commitment to enhancing its portfolio in southern India, making it a significant development in the real estate sector.