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Godrej Properties inks agreement to develop residential project in Bangalore

03 Jul 2017 Evaluate

Godrej Properties (GPL) has signed a development management agreement to develop a premium group housing project on Magadi road in West Bangalore. This is GPL’s first project in the micro market of West Bangalore and its eleventh project in Bangalore.

This project will offer approximately 58,000 square meters (approximately 600,000 square feet) of saleable area and is located in close proximity to the Central Business District (CBD), Race Course, Majestic and Rajarajeshwari Nagar.

Godrej Properties is currently developing residential, commercial and township projects spread across approximately 13.22 million square meters (135.29 million square feet) in 12 cities.

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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