Godrej Properties adds a new residential project in Mumbai
The Mumbai-based real estate developer will develop a residential project in Thane
Godrej Properties Ltd. (GPL) (BSE scrip id: GODREJPRP), one of India’s leading real estate developers, today announced the addition of a new project in Ghodbunder Road, Thane
Spread across 4 acres, this project will offer approximately 65,000 square meters (approximately 0.7 million square feet) of saleable area comprising mainly of modern residential apartments of various configurations.
The site is strategically located on the main Ghodbunder Road and offers an extremely well developed social and civic infrastructure with multiple schools, hospitals, retail malls and residential and commercial spaces in close proximity.
This deal is an outright purchase of land along with Godrej Fund Management.
Mr. Pirojsha Godrej, Executive Chairman, Godrej Properties said, “We are happy to add this new project in Thane, which strengthens our development portfolio in Mumbai and fits with our strategy of deepening our presence in key markets across India’s leading cities. We will seek to ensure this project delivers an outstanding lifestyle for its residents.”
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 121–year legacy of excellence and trust with a commitment to cutting-edge design and technology.
In recent years, Godrej Properties has received over 200 awards and recognitions, including the “Real Estate Company Of The Year” at the Construction Week India Awards 2015, ‘Golden Peacock Award for Sustainability’ 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.
