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Godrej Properties Adds Four New Residential Projects To Its Development Portfolio
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Godrej Properties Adds Four New Residential Projects To Its Development Portfolio
Publish on : 2019-12-16 13:27:22
Mumbai: Realty Developer Godrej Properties Nse 3.18 % Has Added Three New Projects In Mumbai Metropolitan Region (Mmr) In The Micro Markets Of Navi Mumbai, Ambernath, And Thane And One New Project In North Bangalore. These New Projects Will Add Around 12.70 Million Sq Ft To Its Development Portfolio, The Company Said In A Release. The Developer Has Entered Into A Joint Venture To Develop A Township Project Of Over 100 Acres In Navi Mumbai. This Project Will Offer Around 7.50 Million Sq Ft Of Development Area And Will Be Developed As A Residential Projects With A Retail Component. The Second Project Is A Joint Venture With Nisarg Nirman Developers To Develop A Land Parcel Of Around 6.4 Acres In The Fast Emerging Market Of Ambernath, Mmr. This Project Will Offer 1.1 Million Sq Ft Of Development Area And Will Be Developed As A Group Housing Project. This Fits (New Projects) Well With Our Strategy Of Building Our Presence In The Country'S Leading Real Estate Markets And Will Add Momentum To Godrej Properties Plans To Grow Market Share During The Period Of Dislocation The Industry Is Currently Facing," Said Pirojsha Godrej, Executive Chairman, Godrej Properties.

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