MoneyWorks4Me

Godrej Properties to develop new residential project in Bengaluru

31 Mar 2015 Evaluate

Godrej Properties, the real estate development arm of the Godrej Group, has entered into a new deal to develop a residential project at Whitefield, in Bengaluru. The proposed project will offer approximately 79,000 square metres amounting 0.85 million square feet of saleable area and will be developed as a modern residential development.

Whitefield is emerging into a self-sustaining commercial and residential locality with many educational institutions, hospitals, malls and convenience stores in close proximity. The plot has high visibility and is well connected to EPIP Zone and ITPL Business Parks. As with most Godrej Properties’ projects, this project will be developed under a profit sharing model.

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 1109.05
Prestige EstatesProj 1434.40
Dilip Buildcon 409.70
DLF 653.90
Oberoi Realty 1734.10
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