Three new projects added by Godrej properties across Bangalore and NCR
In a bid to develop a 100 acre land parcel on NAH 648 in north Bangalore, Godrej Properties Ltd (GPL) entered into a joint venture with Sai Srushti Group. Godrej Properties in Bangalore are very popular and the decision to add new projects will only increase their popularity among the consumers.
GPL plans to develop 2 lakh square meters in the project. With a huge number of infrastructural and real estate projects coming up in the area, north Bangalore has emerged as one of the fastest growing markets. This new project is in close proximity to international airport, Aerospace SEZ and IT park. This will be GPL’s 16th project in Bangalore offering a good connectivity to some of the vital commercial and industrial areas. It won’t be a surprise if the project attracts investors from the word go.
A joint venture with the Lahari Music Group, the 2nd project in Bangalore is spread across 17 acres of land. Godrej properties are looking to develop a modern residential housing project of 1.3 lakh square meters. Apart from this, Electronic city micro market has also emerged as a fast growing market, with several leading companies like Wipro, Infosys, HCL next to it. The seventeenth project of Gujrat Properties in Bangalore offers a good connectivity to ring road as well as silk board junction.
GLP’s third project in the Noida expressway micro market will be a group housing project under the development management model in partnership with Ace Group. Located in one of the promising locations of Noida, the project is in a good proximity to expressway and Metro. This is not only their 3rd project in Noida, but is also their 11th project in the National Capital Region.
Speaking on the occasion, Mr. Pirojsha Godrej, the Executive Chairman of Godrej Properties Ltd said, “We are happy to add these new projects in Bengaluru and NCR. This fits well with our strategy of building our presence in the country’s leading real estate markets. We look forward to delivering outstanding projects across these locations.”
With these 3 projects and several other Godrej Properties in Bangalore and National Capital Region, the company is looking to create an-unwavering presence in the real estate and infrastructural market going forward.