Godrej Properties has acquired a 16-acre land parcel in Upper Kharadi, Pune, for a housing-cum-retail project. The project, with a developable potential of 2.5 million square feet, is estimated to generate a revenue of Rs 3,100 crore. This marks the company's second land acquisition in the Kharadi-Wagholi belt this month, potentially yielding a cumulative revenue of Rs 7,300 crore.