India, June 30 -- Godrej Properties announced on June 30 that it had acquired a 43-acre land parcel in Panipat, Haryana, for a planned plotted development project that is expected to generate a revenue of over Rs.1,250 crore. This marks the company's debut in Panipat and its fourth residential plotted township in North India, Godrej Properties said in a regulatory filing on June 30.

The land is located in Sector 40, Panipat. This project will contain approximately 1.02 million sq ft of plotted residential development.

The company did not disclose the deal value.

"The subject plot, measuring approximately 43 acres, is located in Sector 40, Panipat. This project will contain approximately 1.02 million sq ft of plotted residential develop...