India, Feb. 2 -- Godrej Properties announced the acquisition of an ~ 8.5-acre land parcel through outright purchase in the fast-growing micro-market of Mahalunge, Pune.The proposed development will primarily comprise group housing and is expected to offer a developable potential of approximately ~ 2.1 million square feet, with an estimated revenue potential of ~ Rs 2,000 crore.The land is strategically located in the Mahalunge-Maan-Nande belt, is part of the mahalunge - hinjewadi micro market, and in proximity to the upcoming Pune Inner Ring Road along the city's fastgrowing Hinjewadi-Balewadi corridor. It benefits from a well-developed social infrastructure, including premier educational institutions such as Delhi Public School, Mahindra I...