MoneyWorks4Me

Godrej Properties to set up two real estate projects in Kolkata

23 Mar 2012 Evaluate

Godrej Properties (GPL), the real estate development arm of the Godrej Group, is likely to set up two real estate projects in Kolkata next fiscal on a joint venture basis. The company is yet to finalize the names of its joint venture partners as it expects to finalize it in the next fiscal.

At present the company has one residential and two commercial projects in Kolkata. While Godrej Prakriti, the residential project is spread over 22 acres of land in north Kolkata (near Belghoria), Godrej Waterside and Genesis are the two commercial projects located in Salt Lake, the state's IT hub.

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 1083.00
Prestige EstatesProj 1429.40
Dilip Buildcon 403.55
DLF 623.40
Oberoi Realty 1707.75
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