Godrej Properties is aiming to garner sales revenue of about Rs 1,500 crore this year through monetisation of its commercial assets in Mumbai, Kolkata and Chandigarh. The company has completed the construction of its commercial properties at Kolkata and Chandigarh, while the BKC project would be completed in next 3-4 months.
The realty firm in September had sold 435,000 sq ft of office space at Bandra-Kurla Complex (BKC) in Mumbai for a good valuation of Rs 1,479 crore.
Godrej Properties, the real estate arm of the Godrej group, has about 300,000 sq ft of office space left in the BKC project and about a million sq ft of commercial space in Kolkata and Chandigarh.
