Mumbai, Nov. 20 -- With the latest purchase, GPL plans to develop a large-scale premium residential community spread across a consolidated 30-acre land parcel. The overall development is projected to yield Rs.3,500 crore in revenue with a total built-up potential of 3 million sq ft. According to the company, the enhanced scale is supported by higher FSI permissibility across the combined landholding, enabling a master-planned group housing township.

GPL said the expanded land bank provides an opportunity to build a holistically designed township, offering ample open spaces, modern lifestyle amenities, and a diversified residential mix focused on sustainability, wellness, and contemporary urban living.

The acquisition strengthens the com...