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Godrej Properties enters into DMA to develop affordable housing project

07 Oct 2014 Evaluate

Godrej Properties, the real estate development arm of the Godrej Group, has entered into a Development Management Agreement (DMA) to develop a property situated in Badlapur, Mumbai Metropolitan Region (MMR).

The project will offer approximately 0.12 million square meters (1.3 million square feet) of saleable area. It will be developed as an affordable housing project.

Godrej Properties is a realty firm of Godrej group, promoted by Godrej Industries and Godrej & Boyce Manufacturing Company. It is one of the leading real estate development companies in India based in Mumbai, Maharashtra.

Peers
Company Name CMP
Lodha Developers 1085.80
Prestige EstatesProj 1427.85
Dilip Buildcon 405.85
DLF 623.00
Oberoi Realty 1710.20
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