India, March 26 -- Godrej Properties Ltd (GPL) has acquired three contiguous land parcels spanning 6.54 acres in Navi Mumbai's Kharghar area on a 60-year lease for Rs.717 crore, as per property registration documents accessed by SquareYards.

The documents reveal that GPL paid a stamp duty of over Rs.35 crore, along with a registration fee of Rs.90,000.

On October 16, 2024, GPL had announced that it emerged as the highest bidder for the development of a group housing project in Navi Mumbai, following a City and Industrial Development Corporation (CIDCO) auction.

The agreement for the three land parcels was officially registered on March 19, 2025, according to the documents accessed by SquareYards.

The plots, measuring 6.54 acres, will ...