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Godrej Properties launches its first project in Chennai

10 Feb 2012 Evaluate

Godrej Properties (GPL), the real estate development arm of the Godrej Group, has launched its first residential project, Godrej Palm Grove, in Chennai. Spread across 12.5 acres, this premium residential project consists of 16 and 19 storey towers, offering a total of 1,556 modern apartments. Customers can choose from amongst 2 and 3 BHK apartments that range from 1,188 sq. ft to 1,489 sq. ft.

Located on the NH-4 Bengaluru highway about 25 kms from Chennai city center, Godrej Palm Grove is within the Chennai Metropolitan Development Authority (CMDA) limits.

Godrej Palm Grove is designed to combine luxury and convenience. The project offers amenities like a 22,500 sq. ft club house, a swimming pool, a well equipped gymnasium, a squash court, a tennis court, a skating rink, a central plaza, intercom connectivity, a department store, reticulated piped cooking gas, a meditation center and a party hall.

Godrej Palm Grove has been pre-certified Gold by the Indian Green Building Council (IGBC). GPL has planned several environmentally friendly features in the project and an interesting highlight is that the design offers 70% open space for residents to unwind.

Larsen & Toubro, India’s leading construction firm will construct Godrej Palm Grove. Like most of GPL’s projects, Godrej Palm Grove is also a joint venture project. GPL has entered in to a development agreement with Addison & Co. for this project.

Godrej Properties Share Price

1758.65 11.15 (0.64%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
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