The Mumbai-based real estate developer will develop a 100 acre residential project
Godrej Properties one of India's leading real estate developers, has entered into a partnership to develop a 100 acre residential township with its sister concern Godrej Agrovet. The project is located near Sarjapur in East Bengaluru. The proposed township has a developable potential of up to 830.000 square meters (9 million sq. ft.) of saleable area and will be developed as a modem residential development in multiple phases. The actual saleable area consumed on the site will range between 400,000 square meters and 830,000 square meters depending on the types of residential development planned.
The location is well connected to key IT Hubs of Whitefield, Sarjapur Road, Outer Ring Road and Electronic City. It also benefits from a well-developed social and physical Infrastructure making it a self-sustaining cluster.
This project will be developed under the Development Management model.
Mr. Pirojsha GodreJ, Managing Director & CEO, Godrej Properties said, We are happy to add this large new project in Bengaluru in partnership with our Group company, Godrej Agrovet. Bengaluru is a key market for us and we look forward to building a landmark project."
About Godrej Properties Ltd.:
Godrej Properties brings the Godrej Group philosophy of innovation, sustainability and excellence to the real estate industry. Each Godrej Properties development combines a 119—year legacy of excellence and trust with a commitment to cutting-edge design and technology. Godrej Properties is currently developing residential, commercial and township projects spread across approximately 11.89 million square meters (128 million square feet) in 12 cities.
In the last 3 years, Godrej Properties has received over 150 awards and recognitions, including the "Real Estate Company Of The Year' at the Construction Week India Awards 2015, 'Golden Peacock Award for Sustainabilitys for the year 2015 by Institute Of Directors (IOD), "Most Reliable Builder for 2014" at the CNBC AWAAZ Real Estate Awards 2014, "Innovation Leader in Real Estate° award at the NDTV Property Awards 2014 and "Popular Choice - Developer of the Year' award by ET NOW in 2013.