Godrej Properties expands its residential portfolio in NCR with the addition of new luxury residential project in Noida
Deepthi | Myequity news | Date : 24-09-2018 10:10:00 IST
The Mumbai-based real estate developer will develop a luxury residential project in Sector 43, Noida. GPL will develop this project in partnership with the Shipra Group, a prominent real estate owner and developer in north India with interests in both residential and commercial projects.
This project will offer approximately 0.2 million square meters (2.2 million sq. ft.) of saleable area and will be developed as a premium group housing development. This project is located in the city-center Sector 43 in close proximity to the -Noida Golf Course. The location boasts of excellent connectivity to Delhi and other landmark destinations within Noida and will offer residents ready physical and social infrastructure. Mr. Pirojsha Godrej, Executive Chairman, Godrej Properties
This is GPL's 4th project in Noida and 13th project within the National Capital Region (NCR). Within nine years of entering the NCR market, Godrej Properties has established itself as a market leader and is looking to consolidate this position through the addition of marquee developments in outstanding locations.
said, "We are happy to add this new project in an outstanding location in Noida. This strengthens our development portfolio in NCR and fits well with our strategy of deepening our presence across India's leading cities. We will seek to create a development that delivers a great experience for its residents."
About Godrej Properties Limited:
Godrej Properties Limited is a real estate company with its head office in Mumbai, India. A subsidiary of Godrej Industries Ltd, the company was established in 1990 under the leadership of Adi Godrej. The company is currently developing projects that are estimated to cover more than 89.7 million square feet. It is operational in 12 major cities across India including Chandigarh, Gurgaon, Ahmedabad, Kolkata, Nagpur, Mumbai, Pune, Hyderabad, Mangalore, Bengaluru, Chennai and Kochi.