Godrej Properties (GPL), real estate development arm of Godrej Group has entered into a Memorandum of Understanding (MOU) with State Bank of India (SBI) to create multiple platforms so as to make their projects and services available to customers across India and abroad.
Both GPL and SBI are planning to host various co-promotional activities for customers in India as well as in countries like the UK, US, and Singapore. These promotional platforms will include seminars, workshops, exhibitions, and road shows.
GPL will showcase their sustainable homes while SBI Home Loans will consider offering favorable home loan rates for the company's residential properties in Ahmedabad and Kolkata. These favourable terms could eventually be extended to Godrej Properties’ other residential projects as well.
Recently, the company had signed two Limited Liability Partnership (LLP) agreements with Godrej & Boyce Manufacturing Company that are Godrej Buildcorp LLP (GB LLP) and Godrej Property Developers LLP (GPD LLP) for developing properties at Thane and Hyderabad.