Godrej Properties To Buy Land Worth Rs 5,000-6,000 Crore Amid Stress

India’s second-largest developer by market value plans to invest Rs 5,000-6,000 crore on buying land to make the most of the stress in the real estate sector.The company intends to deploy the capital in the next two-three years either through direct purchases or joint ventures involving land, Mohit Malhotra, managing director and chief executive officer at Godrej Properties Ltd., told BloombergQuint in an interview. “We are following...